255 BAY Street, Ottawa Centre, ON

$404,900
MLS#:X9518415
1 beds
1 baths
Residential Condo & Other
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Property no longer active

This property was sold on January 13, 2026. 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 concrete and other construction, this residence presents an exceptional opportunity offered at $404,900 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
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Unknown
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Tile, Flooring: Hardwood, Welcome to the Bowery one of Ottawa's most sought after locations. Featuring a beautiful 1 bedroom, 1 bath condo in the heart of the city. 255 Bay street offers one of the nicest amenities along with the best that Ottawa's downtown entertainment and hospitality has to offer. Close to little Italy, Chinatown, Byward market and much more! What a great way to enjoy the city in style! Hardwood floors throughout and elegant finishes to make this a memorable condo to call home. Amenities are second to none, indulge in a morning swim + sauna, afternoon workout, evening event in the party room or a conference meeting for work all while overlooking the city in the beautifully designed rooftop of this state of the art building. Don't miss out, come see for yourself! Book your private showing today!

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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 674 days. This property is listed at $404,900 with an estimated mortgage of $1,348* per month. It has 1 bed, 1 bathroom, and is unknown 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
0
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date9/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Other
BasementNone, None
CountyOttawa
Annual Tax$3,331
Legal DescriptionUNIT 12, LEVEL 6, OTTAWA-CARLETON STANDARD CONDOMINIUM PLAN NO. 1019 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN OC1890267 CITY OF OTTAWA

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Public Transit, Park, Other

Interior Features

Unknown

Security Features

Unknown

Community Features

Location

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255 BAY Street, 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 612, 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$121,470 (30.0%)
* Minimum Canadian down payment required for this price is $20,245.
Amortization Period30 Years
Estimated Monthly Payment$1,348Based on a loan of $283,430 over 30 years.
Purchase Price$404,900
Loan Amount$283,430
Provincial Land Transfer Tax:$4,573
Total Estimated Closing Taxes:$4,573

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $404,900 in Ottawa Centre, the legal minimum down payment is $20,245 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 $4,573 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 $4,573.

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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.