816 - 255 Bay Street
Ottawa Centre, ON
- 1 bed
- 1 bath
- approx. 600-699 sqft
- Condo Apartment
- 47 days on market
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!
Listing Details
- Taxes (2026)
- $4,318
- Listed
- July 23, 2026
Price History
Property
- Style
- Apartment
- Construction
- Concrete, Metal/Steel Siding
- Foundation
- Concrete
- Interior
- Primary Bedroom - Main Floor
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bay St & Nepean St
- Parcel Number
- 160190126
- Possession
- Flexible
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $482/month
- Fee Includes
- Common Elements Included, Water Included, Building Insurance Included
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- Open
- Amenities
- Sauna, Exercise Room, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Guest Suites
Included
- Inclusions
- Stove, Refrigerator, Dishwasher, Microwave/Hood Fan Combined, Washer, Dryer, Window Blinds, Built-in closet storage system, and Built-in entryway bench and storage
- Exclusions
- Tenant's belongings
- Rental Items
- None
Schools
Elementary
- Centennial Public School0.1 km
Public · Ottawa-Carleton DSB · 290 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Richard Pfaff Intermediate School0.6 km
Public · Ottawa-Carleton DSB
- École intermédiaire catholique Saint-Jean-Baptiste0.6 km
French Catholic · CSDC du Centre-Est de l'Ontario
Secondary
- Urban Aboriginal Alternate High School0.3 km
Public · Ottawa-Carleton DSB
- Richard Pfaff Secondary Alternate Site0.6 km
Public · Ottawa-Carleton DSB · 225 students
- École secondaire catholique Saint-Jean-Baptiste0.6 km
French Catholic · CSDC du Centre-Est de l'Ontario
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1R
- Population
- 20,343
- Private dwellings
- 12,836
- Median age
- 36
- Average household size
- 1.7
- Median household income
- $74,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Ottawa Centre · last 12 months
- Median sold price
- $448,500
- Homes sold
- 372
- Median days on market
- 32
- Sale-to-list price
- 97.1%
Based on 372 recorded sales of residential condo & other properties in Ottawa Centre over the last 12 months.
Rooms
4-piece
Main
- Bedroom10' x 10'8"
- Kitchen15'5" x 11'3"
- Living Room11'7" x 13'6"
Listed by
ENGEL & VOLKERS OTTAWA
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$88,980
Estimated Monthly Payment
$2,186
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,186/mo (20% down, 5.5%)
Taxes: $360/mo · Insurance: $111/mo
Maint: $482/mo
Estimates only. Consult a financial advisor.
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