255 Bay Street, Unit 7, Ottawa Centre, ON
Property no longer active
This property was sold on November 15, 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 $599,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via ground source
Description
This exceptional penthouse-level corner residence offers bright, functional, and luxurious living space with breathtaking views of Ottawa's skyline.Spanning over 800 sq. ft. of refined living area (781 sq. ft. interior plus a 52 sq. ft. balcony), the home is bathed in natural light through expansive windows and two south-facing bedrooms.The gourmet kitchen is a chef's delight, showcasing premium European appliances, sleek modern cabinetry, a stylish tiled accent wall, and wide-plank oak flooring that enhances the unit's timeless contemporary appeal.Located in one of Ottawa's most prestigious condominium buildings, residents enjoy resort-style rooftop amenities, including:An indoor swimming pool and saunaA state-of-the-art fitness center with panoramic skyline viewsOne of the city's most elegant condo loungesPerfectly positioned just steps from Lyon LRT Station, yet nestled in a quiet and charming neighborhood, this home combines urban convenience with peaceful living.Additional features include premium underground parking and a secure storage locker, providing both comfort and peace of mind.
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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 275 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 2 beds, 2 bathrooms, and is 800-899 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Public Transit, School Bus Route
Interior Features
Auto Garage Door Remote, Carpet Free, Storage Area Lockers, Ventilation System
Security Features
Alarm System, Security System, Monitored
Community Features
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Location
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 1707, Ottawa Centre, ON K1R 0C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $599,000 in Ottawa Centre, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.