255 Bay Street, Unit 4, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete and metal/steel siding construction, this residence presents an exceptional opportunity offered at $375,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Experience elevated downtown living in this stylish 1-bedroom, 1-bathroom suite with a locker at The Bowery Condos. Nestled in the heart of downtown Ottawa, this sought-after address places you just steps from Parliament Hill, LRT Lyon Station, top-rated restaurants, cafés, shopping, and everyday essentials. The thoughtfully designed open-concept layout is enhanced by hardwood flooring in the living and dining areas, while dramatic floor-to-ceiling windows flood the space with natural light. The sleek kitchen is both functional and elegant, featuring quartz countertops, stainless steel appliances, and a chic breakfast bar ideal for casual dining or entertaining. Step out onto your impressive private balcony of approximately 150 sq. ft. and enjoy a relaxing outdoor retreat in the heart of the city. This unit also includes a locker for added convenience and storage. Residents of The Bowery enjoy exceptional penthouse-level amenities, including a rooftop pool, sauna, fitness centre, and stylish party room, creating a true resort-inspired lifestyle above the city. Condo fees include water, heat, and A/C. Underground parking is available for rent through the building at approximately $225/month. An exceptional opportunity for refined downtown living.
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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 93 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 1 bed, 1 bathroom, and is 500-599 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
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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 #604, 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 $375,000 in Ottawa Centre, the legal minimum down payment is $18,750 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 $4,100 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 $4,100.
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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.