255 Bay Street, Unit 816, Ottawa Centre, ON

$439,900
MLS#:X14031098
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 1 Bed, 1 Bath Home at 255 Bay Street Ottawa Centre ON listed at $439,900 (MLS# X14031098) - Main View
For Sale
Added:Oct 14, 2026(16 days ago)
Updated:Oct 14, 2026(16 days ago)
Last Checked:9 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium concrete and metal/steel siding construction, this residence presents an exceptional opportunity offered at $439,900 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 600-699 sqft
  • Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

This beautifully upgraded 1-bedroom apartment in one of Centretown's most sought after buildings offers an exceptionally functional layout that lives larger than expected, plus an impressive 101 sq. ft. private balcony spanning the full width of the unit. The unit's open-concept layout maximizes natural light thanks to west-facing floor-to-ceiling windows that fill the home with sunshine. A custom foyer welcomes you, with built-in bench seating, integrated shelving, drawers, storage, and rich hardwood flooring which runs through the unit. The open concept living space is styled with warm tones and is designed for flexibility. The kitchen showcases quartz countertops, stainless steel appliances, and a centre island with breakfast bar seating that provides generous prep space. The living room offers a cozy space to relax while sliding doors provide direct access to the balcony, which offers an unobstructed skyline view. The primary bedroom provides a large closet and is situated directly across from the 4-piece bathroom, which is finished to match the rest of the unit. This unit comes equipped with a underground parking spot and a storage locker. Residents of The Bowery enjoy a collection of resort-styled amenities, including a concierge, a fully equipped fitness centre, sauna, guest suites, private dining room, rooftop lounge, outdoor terrace with BBQ area, yoga space, and a spectacular rooftop indoor pool offering breathtaking panoramic views of Ottawa. This location offers one of Ottawa's most walkable lifestyles, close to Parliament Hill, the financial district, LeBreton Flats, Sparks Street, Bank Street, Elgin Street, the Rideau Canal, and the Ottawa River pathways. Lyon LRT Station is just a short walk away, providing effortless transportation across the city, while countless restaurants, cafés, grocery stores, boutiques, entertainment venues, and fitness studios are all within minutes, making this the ideal opportunity for young professionals and investors!

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Property Summary

This condo apartment located at 255 Bay Street, Ottawa Centre is currently for sale and has been available for 16 days. This property is listed at $439,900 with an estimated mortgage of $1,464* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 255 Bay Street, Ottawa Centre is in the Ottawa Centre neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ottawa Centre, Ottawa Centre.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Ottawa Centre.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$439,900
Maintenance Fee$481.85/mo
AddedOct 14, 2026 (16 days ago)
UpdatedOct 14, 2026 (16 days ago)
Last Checked9 minutes ago
Transaction TypeFor Sale
List Office NameENGEL & VOLKERS OTTAWA

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Metal/Steel Siding
BasementNone
CountyOttawa
Annual Tax$4,318.47
Rental ItemsNone

Parking & Garage

Parking Total1.0
Parking Space0
Garage Parking1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Park
  • Public Transit
  • School
  • School Bus Route
  • Rec./Commun.Centre

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Ottawa Centre Home Buyer Advisory & Market HubActive MLS® Listing in Ottawa Centre, Ontario

Looking to Buy a Home in Ottawa Centre?

If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this 1-bedroom condo apartment at 255 Bay Street, Unit 816, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Ottawa Centre Homes for Sale & MLS® Listings

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Dedicated Ottawa Centre Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Ottawa Centre realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Ottawa Centre Buyer Budget & Costs

Estimated mortgage: $1,464*/month*. Estimated Ontario Land Transfer Tax: $5,273. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Ottawa Centre

Frequently Asked Questions about 255 Bay Street, Unit 816, Ottawa Centre, ON

Q.What is the asking price for 255 Bay Street, Unit 816, Ottawa Centre, ON ?

The current listing price for 255 Bay Street, Unit 816, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $439,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 255 Bay Street, Unit 816, Ottawa Centre, ON ?

255 Bay Street, Unit 816, Ottawa Centre, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 255 Bay Street, Unit 816, Ottawa Centre, ON offer?

Key property features include: Park, Public Transit, School, School Bus Route, Rec./Commun.Centre.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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255 Bay Street, Unit 816, Ottawa Centre, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Ottawa Centre, Ottawa Centre

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 255 Bay Street 816, Ottawa Centre, ON K1R 0C5

Estimated Sales Range
$418,000 - $431,000

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$131,970 (30.0%)
* Minimum Canadian down payment required for this price is $21,995.
Amortization Period30 Years
Estimated Monthly Payment$1,464Based on a loan of $307,930 over 30 years.
Purchase Price$439,900
Loan Amount$307,930
Provincial Land Transfer Tax:$5,273
Total Estimated Closing Taxes:$5,273

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $439,900 in Ottawa Centre, the legal minimum down payment is $21,995 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 $5,273 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 $5,273.

Similar Listings in Ottawa Centre, Ottawa Centre

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Ottawa Centre, Ottawa Centre Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$821,564

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Ottawa Centre, Ottawa Centre

Elementary Schools

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Secondary Schools

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Ottawa Centre, Ottawa Centre Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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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.

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