Sold for:Sold Sep 23, 2026
$535,000

Unit 513, 255 Bay Street

Ottawa (Ottawa Centre), ON K1R 0C5

Condo Apartment SoldNot available
The Bowery Condos + Lofts exteriorThe Bowery Condos + Lofts17 storeys, 248 suites, built 2017
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 513, 255 Bay Street, Ottawa, Ottawa Centre

2026-08-20
2026-09-23
Sold
Price
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MLS#
x13698110
2026-06-30
2026-08-20
Terminated
Price
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2026-05-15
2026-06-30
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 513, 255 Bay Street, Ottawa, Ottawa Centre

Summarized Description

  • Modern 2-bedroom, 2-bathroom condo in downtown Ottawa.
  • Open-concept layout with hardwood flooring.
  • Modern kitchen featuring quartz countertops.
  • Private balcony for outdoor space.
  • Move-in ready option available.
  • Close to Lyon LRT and Parliament Hill.
  • Includes underground parking and storage locker.
  • Access to excellent building amenities.

EXCEPTIONAL VALUE FOR DOWNTOWN OTTAWA! This modern 2-bedroom, 2-bathroom condo delivers an impressive combination of location, lifestyle and convenience, complete with underground parking and a storage locker. Set in a contemporary building completed in 2016, the bright, well-designed suite features an open-concept layout, hardwood flooring and a modern kitchen with quartz countertops and stainless steel appliances. Two full bathrooms provide added functionality, while the private balcony offers your own outdoor space in the heart of the city. Residents also enjoy an excellent collection of building amenities, including an indoor saltwater pool, fitness centre, sauna and three rooftop terraces. Ideally located just steps from the Lyon LRT and within easy reach of Parliament Hill, LeBreton Flats, restaurants, shops and downtown conveniences. The unit can also be purchased furnished, creating an easy, move-in-ready option for professionals, investors or those looking to enjoy a low-maintenance downtown lifestyle. Two bedrooms, two bathrooms, parking, storage and outstanding amenities - all at an exceptional value in the heart of Ottawa.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,769
Land Transfer Tax Fee
$7,175

Condo/Maintenance Fee

Maintenance Fee
$550 /month

Included In Maintenance Fee

  • CAC Included
  • Water Included
  • Building Insurance Included
  • Parking Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free, Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Gym
  • Elevator
  • Party Room/Meeting Room
  • Sauna
  • Rooftop Deck/Garden
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
1019

Construction

Exposure
West
Exterior Finish
Brick, Concrete
Special Designation
Unknown

Inclusions

Inclusions
Fridge, Stove, Microwave, Stacked washer & dryer, blinds, Sofa, TV & Bracket, Bedroom furniture, Night Stand, Dining Table and Chairs, Desk, Bar Stools

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Primary Bedroom—
    Main level
  • Bathroom—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bathroom—
    Main level
  • Bedroom—
    Main level

Washrooms

  • 3-piece, Main

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
Bay St between Gloucester & Nepean.
Directions
Bay St between Gloucester & Nepean.

MLS® number
X13698110
Data source
Toronto Regional Real Estate Board
Status change
2026-09-23
Listed on
2026-08-20
Days on market
34 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
EXIT REALTY MATRIX

Home Market Value

Current home valuation for Unit 513, 255 Bay Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $535,000

HOMEH Estimate

?

$560,000

Estimated Sales Range

?

$458,399 - $661,601

HOMEH Estimate for Unit 513, 255 Bay Street, Ottawa, Ottawa Centre

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$560,000High confidence
Based on 10 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Ottawa, ON
Minimum Down Payment Required:5.3%

5% on first $500K + 10% on $35,000 over $500K

Minimum down payment

$28,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,244$14,927$12,733$0
=Total mortgage
$526,354$496,427$467,483$428,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,570monthly$2,424monthly$2,282monthly$2,090monthly
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Land Transfer Tax

Provincial

$7,175

Total Land Transfer Tax

$7,175

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