255 Bay Street, Unit 5, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt co-op apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,900 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: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 255 Bay Street, where modern downtown living meets comfort and convenience. This beautifully designed condo features a brightand functional open-concept layout with oversized windows, contemporary finishes, and an inviting atmosphere throughout, creating the perfecturban living space.The spacious living and dining area flows seamlessly into the modern kitchen, making it ideal for entertaining or relaxing athome. The generous bedroom offers a warm and comfortable retreat with large windows allowing for plenty of natural light, while the sleekbathroom showcases clean, modern design. Additional highlights include in-unit laundry, ample storage, and a thoughtfully designed layout thatmaximizes both comfort and functionality. Step outside to enjoy the oversized private balcony - an ideal space for morning coffee, evening drinks, or simply taking in the downtown atmosphere. Residents enjoy an unbeatable location just steps from restaurants, cafés, shopping, transit, grocery stores, government offices, and Ottawa's best entertainment and nightlife.Whether you're a first-time buyer, investor, or professional seeking a low-maintenance lifestyle in the heart of the city, this condo offers an exceptional opportunity to experience contemporary living in one of Ottawa's most convenient neighbourhoods. Steps from the LRT station, the new Ottawa Public Library, LeBretonFlats, and more.
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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 39 days. This property is listed at $399,900 with an estimated mortgage of $1,331* 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, Primary Bedroom - Main Floor
Security Features
Community Features
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 405, 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 $399,900 in Ottawa Centre, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.