Sold for:Sold 21 days ago
$445,000

Unit 514, 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 514, 255 Bay Street, Ottawa, Ottawa Centre

2026-06-29
2026-09-28
Sold
Price
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MLS#
x13499524

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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 514, 255 Bay Street, Ottawa, Ottawa Centre

Summarized Description

  • Bright 1-bedroom plus den condominium in downtown Ottawa.
  • Features hardwood floors and large windows for natural light.
  • Private balcony offers stunning sunset views.
  • Versatile den ideal for home office or reading nook.
  • Includes underground parking and storage locker.
  • Walking distance to Parliament Hill and local amenities.

Welcome to Unit 514 at 255 Bay Street! This bright and spacious 1-bedroom plus den condominium offers an ideal blend of comfort and convenience in the heart of downtown. Featuring hardwood floors throughout, the open-concept layout is complemented by large windows that showcase a beautiful west-facing view above the tree line, filling the home with natural light. Step onto the private balcony and enjoy stunning sunsets and peaceful urban views. The versatile den provides the perfect space for a home office or reading nook. Complete with one underground parking space and one storage locker, this well-appointed unit is ideally located within walking distance of Parliament Hill, shops, restaurants, the LRT, and all the amenities downtown Ottawa has to offer.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,306
Land Transfer Tax Fee
$5,375

Condo/Maintenance Fee

Maintenance Fee
$482 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • Common Elements Included

Basement Type
Other

Interior Features

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

Exterior Features

Balcony
Open

Building Amenities

  • Game Room
  • Guest Suites
  • Gym
  • Indoor Pool
  • Sauna
  • Party Room/Meeting Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
1019

Construction

Exposure
West
Exterior Finish
Brick
Special Designation
Other

Inclusions

Inclusions
Fridge, Stove, Washer, Dryer, Dishwasher, hood-fan, all window coverings, auto garage remote, all light fixtures

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
1
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
Laurier and Bronson
Directions
Somerset St west to North on Bay

MLS® number
X13499524
Data source
Toronto Regional Real Estate Board
Status change
2026-09-28
Listed on
2026-06-29
Days on market
91 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
ROYAL LEPAGE TEAM REALTY MCELHERAN & ASSOCIATES

Home Market Value

Current home valuation for Unit 514, 255 Bay Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $445,000

HOMEH Estimate

?

$427,750

Estimated Sales Range

?

$351,473 - $504,027

HOMEH Estimate for Unit 514, 255 Bay Street, Ottawa, Ottawa Centre

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

$427,750High confidence
Based on 12 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Ottawa, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$22,250

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$16,910$12,416$10,591$0
=Total mortgage
$439,660$412,916$388,841$356,000
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$2,147monthly$2,016monthly$1,899monthly$1,738monthly
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Land Transfer Tax

Provincial

$5,375

Total Land Transfer Tax

$5,375

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