255 Bay Street, Unit 9, Ottawa Centre, ON

$479,900
MLS#:X12109838
1 beds
1 baths
0-499 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on June 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $479,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

If your budget says one bedroom but your lifestyle says two, this condo is the perfect fit! Designed for urbanites who appreciate luxury, flexibility, and exceptional space, this stunning 1+den suite at The Bowery is a must-see. The open-concept layout features hardwood floors and a sleek designer kitchen with ample storage, quartz countertops, and stainless steel appliances. The large island offers additional room for seating and is ideal for meal prep and entertaining. The primary bedroom is well-proportioned and bright with two walls of windows and a built-in closet. In the spacious den, a sliding barn door transforms the room into a private office or a convenient second bedroom, complete with a closet and space for a queen-size bed. Step outside to your covered east-facing balcony, a peaceful oasis in the heart of the city, perfect for your morning coffee. Enjoy all the perks of luxury condo living, including in-unit laundry, heated garage parking, and a storage locker. The Bowery offers incredible amenities: a penthouse pool with an outdoor terrace and a BBQ, state-of-the-art gym, sauna, a stylish lounge, ample indoor visitor parking, guest suites, and bike storage. An unbeatable location just steps from Parliament Hill, the O-Train Lyon station, shopping, restaurants, and pubs. A cyclist's dream with the Capital Pathway and Gatineau Hills nearby. This condo truly checks all the boxes. Move in, unpack, and enjoy!

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Property Summary

This condo apartment located at 255 Bay Street, Ottawa Centre is currently for sale and has been available on SousaSells for 444 days. This property is listed at $479,900 with an estimated mortgage of $1,597* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 255 Bay Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 5, 2025
Sold price information is available to members only
Listed Date4/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyOttawa
Annual Tax$4,060.55

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage Area Lockers

Security Features

Community Features

Virtual Tours

Location

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255 Bay Street, Unit 9, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 255 Bay Street 709, Ottawa Centre, ON K1R 0C5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

Configure Loan Settings

Interest Rate4.00%
Down Payment$143,970 (30.0%)
* Minimum Canadian down payment required for this price is $23,995.
Amortization Period30 Years
Estimated Monthly Payment$1,597Based on a loan of $335,930 over 30 years.
Purchase Price$479,900
Loan Amount$335,930
Provincial Land Transfer Tax:$6,073
Total Estimated Closing Taxes:$6,073

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $479,900 in Ottawa Centre, the legal minimum down payment is $23,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,073 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4102 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$525,010

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.