255 Bay Street, Unit 513, Ottawa Centre, ON

$535,000
MLS#:X13698110
2 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Added:Aug 20, 2026(9 days ago)
Updated:Aug 21, 2026(8 days ago)
Last Checked:18 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $535,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 255 Bay Street, Ottawa Centre is currently for sale and has been available on SousaSells for 9 days. This property is listed at $535,000 with an estimated mortgage of $1,781* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 255 Bay Street, Ottawa Centre is in the Ottawa Centre neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ottawa Centre, Ottawa Centre.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •800-899 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Ottawa Centre.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 20, 2026 (9 days ago)
UpdatedAug 21, 2026 (8 days ago)
Last Checked18 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyOttawa
Annual Tax$4,768.65

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 255 Bay Street, Unit 513, Ottawa Centre, ON

Q.What is the asking price for 255 Bay Street, Unit 513, Ottawa Centre, ON ?

The current listing price for 255 Bay Street, Unit 513, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $535,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 800-899 sqft.

Q.What property type and architectural style is 255 Bay Street, Unit 513, Ottawa Centre, ON ?

255 Bay Street, Unit 513, Ottawa Centre, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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255 Bay Street, Unit 513, Ottawa Centre, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Ottawa Centre, Ottawa Centre

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 255 Bay Street 513, Ottawa Centre, ON K1R 0C5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

Configure Loan Settings

Interest Rate4.00%
Down Payment$160,500 (30.0%)
* Minimum Canadian down payment required for this price is $28,500.
Amortization Period30 Years
Estimated Monthly Payment$1,781Based on a loan of $374,500 over 30 years.
Purchase Price$535,000
Loan Amount$374,500
Provincial Land Transfer Tax:$7,175
Total Estimated Closing Taxes:$7,175

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $535,000 in Ottawa Centre, the legal minimum down payment is $28,500 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 $7,175 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 $7,175.

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Ottawa Centre, Ottawa Centre Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$841,428

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Ottawa Centre, Ottawa Centre

Elementary Schools

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Secondary Schools

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Ottawa Centre, Ottawa Centre Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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