
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $445,000 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.
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.
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This condo apartment located at 255 Bay Street, Ottawa Centre is currently for sale and has been available on SousaSells for 78 days. This property is listed at $445,000 with an estimated mortgage of $1,481* 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ottawa Centre, Ottawa Centre.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Ottawa Centre.
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No historical data available for this property.
This could be the first listing for this address.
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 514, 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.
Browse all verified Ottawa Centre real estate listings, compare active Ottawa Centre houses for sale, and view brand new MLS® inventory before it hits the open market.
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.
Estimated mortgage: $1,481*/month*. Estimated Ontario Land Transfer Tax: $5,375. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
The current listing price for 255 Bay Street, Unit 514, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $445,000.
This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.
255 Bay Street, Unit 514, Ottawa Centre, ON is a Condo Apartment (Apartment) featuring a Other basement.
Interior highlights include: Carpet Free, Guest Accommodations, Primary Bedroom - Main Floor.
Yes, this property offers parking space for 1.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
Data-driven valuation for 255 Bay Street 514, Ottawa Centre, ON K1R 0C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
About Purchasing a Home in Ottawa Centre, ON
For a property listed at $445,000 in Ottawa Centre, the legal minimum down payment is $22,250 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 $5,375 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 $5,375.

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