Skip to main content
541 Bay Street

541 Bay Street

Ottawa Centre, ON

  • 3 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Att/Row/Townhouse
  • 4 days on market
$674,000

Welcome to 541 Bay Street, a character-filled 2-storey row home tucked onto a quiet block in the heart of Centretown! Bursting with character, it offers 3 bedrooms, 2 bathrooms, and the ultimate downtown luxury, 2 parking spots. Inside, high ceilings draw you through bright living and dining spaces into an updated kitchen finished with stainless steel appliances, classic checkerboard flooring, and a sliding glass barn door. Brand-new windows, fresh flooring, a new furnace, and central air wrap the home in modern comfort. Enjoy a private back deck/patio ideal for BBQing & relaxing. With an exceptional walk score, you're steps from Bank Street coffee shops, Elgin Street, the business district, Parliament Hill, and all downtown amenities. A true urban gem waiting for you to call it home.

Virtual Tour

Virtual Tour Available

3D Tour
Virtual Tour

Listing Details

Taxes (2026)
$4,344
Listed
September 14, 2026

Price History

Property

Style
2-Storey
Construction
Brick
Roof
Membrane
Foundation
Stone
Interior
None
Lot Size
16.5 x 66 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Bay St and Flora St
Parcel Number
041220261
Possession
Flexible
Occupancy
Owner

Schools

Elementary

  • Glashan Public School0.4 km

    Public · Ottawa-Carleton DSB · 315 students

  • Richard Pfaff Intermediate School0.4 km

    Public · Ottawa-Carleton DSB

  • Cambridge Street Community Public School0.6 km

    Public · Ottawa-Carleton DSB · 95 students

    Grade 6 math: 23% met the provincial standard

Secondary

  • Richard Pfaff Secondary Alternate Site0.4 km

    Public · Ottawa-Carleton DSB · 225 students

  • Glebe Collegiate Institute0.7 km

    Public · Ottawa-Carleton DSB · 1315 students

    Grade 10 literacy: 93% met the provincial standard

  • École secondaire catholique Saint-Jean-Baptiste1 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 Freehold in Ottawa Centre · last 12 months

Median sold price
$442,500
Homes sold
375
Median days on market
33
Sale-to-list price
97.1%

Based on 375 recorded sales of residential freehold properties in Ottawa Centre over the last 12 months.

Listed by

EXP REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$134,800

Estimated Monthly Payment

$3,311

Land transfer tax

Estimated land transfer tax$9,955

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: $3,311/mo (20% down, 5.5%)

Taxes: $362/mo · Insurance: $169/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences