Condo for sale at 201-255 Bay Street, Ottawa, Ontario, K1R 0C5 - Ottawa Centre - MLS: X13548004

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201-255 Bay Street

Ottawa, Ontario, K1R 0C5 - Ottawa Centre

$249,900

Virtual Tour

Neighbourhood

Ottawa Centre
Major Intersection

Located on Bay Street between Nepean and Gloucester.

Listed Since: 12 day(s)
Last update: 8 day(s) ago

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

n/a
Bathrooms

1
Square Feet

0-499
Exposure

East
Total Parking

n/a
Maintenance

$309
Taxes

$2,931.83 (2026)
Balcony

None

Property Description

Property description for 201-255 Bay Street, Ottawa

Welcome home to The Bowery at 255 Bay Street where modern downtown living meets exceptional convenience! This spacious, furnished studio offers nearly 500 square feet of thoughtfully designed living space, making it one of the larger bachelor units in the building. Its efficient layout maximizes every square foot, providing ample room to comfortably live, work, entertain, and relax. Whether you're hosting friends for dinner or enjoying a quiet evening at home, this studio feels open, functional, and inviting. Bathed in natural light from its oversized window, the unit offers a bright and welcoming atmosphere. Features include hardwood flooring, stone countertops, stainless steel appliances, in-suite laundry, a work-from-home space, generous closet space, and a separate storage locker. What else could you need! With low condo fees and outstanding amenities, this is an incredible opportunity for first-time buyers looking to break into the market, savvy investors seeking a highly rentable downtown property, downsizers wanting a low-maintenance lifestyle, or anyone searching for the perfect pied-à-terre in the nation's capital. Residents enjoy some of the city's best amenities, including a spectacular rooftop fitness centre, pool, sauna, terrace with BBQs, party room, bike storage, underground visitor parking, and breathtaking skyline views - all private to the buildings residents! Not to mention, the location is truly unbeatable! Nestled on the quiet side of Centretown, you're just steps from Parliament Hill, Lyon LRT Station, the future Adisoke Library and Archives, LeBreton Flats, the War Museum, the Canal, Ottawa's extensive cycling network, grocery stores, cafés, acclaimed restaurants, shopping, entertainment, and countless festivals and events. Enjoy the very best of downtown living! This move-in-ready condo offers outstanding value, exceptional amenities, and one of Ottawa's most walkable locations. This is downtown living done right. Come fall in love today!

Listed by RE/MAX HALLMARK REALTY GROUP

Property details

MLS #

X13548004
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City
Garage

None
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Party/Meeting Room,Exercise Room,Concierge,Rooftop Deck/Garden,Indoor Pool,Elevator
Maintenance Fee Includes

Heat, Water
Property Management

Sentinel Management Inc.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X13548004
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City
Garage

None
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Party/Meeting Room,Exercise Room,Concierge,Rooftop Deck/Garden,Indoor Pool,Elevator
Maintenance Fee Includes

Heat, Water
Property Management

Sentinel Management Inc.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

7.28 x 3.32 ft Main level
Kitchen

7.28 x 3.32 ft Main level
Primary

7.28 x 3.32 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 201-255 Bay Street, Ottawa

This property has been sold 6 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Ottawa Centre

Active listings

162

Historical Average Selling Price of a Condo Apt in Ottawa Centre

Average Selling Price

3 years ago

$429,231

Average Selling Price

5 years ago

$504,695

Average Selling Price

10 years ago

$279,675

Change

-13%

Change

56%

Number of Condo Apt Sold

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

-7%

Change

-4%

How many days Condo Apt takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

15%

Change

13%

Change

13%

Average Selling price

Inventory Graph

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First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.