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$419K · 1 bed Condo Apartment · Unit 714, The Bowery, 255 Bay Street, Ottawa, Ontario K1R 0C5 | HomeSearchCanada

$419,000

Unit 714

120 DOM

11120d

Map

DOM 120

Motivated Seller

$419,000

Motivated Seller

DOM120days

Unit 714

The Bowery · 255 Bay Street · Ottawa · Ontario K1R 0C5

MLS® X12807816 · 4102 - Ottawa Centre · K1R 0C5

11TenantOccupied600-699 ft²Condo ApartmentNoneNo basement120d$645/ft²$3,787 tax/yrBuilt 20188 yrs oldNo basement

120 days on market

About this home

Welcome to The Bowery, where modern design meets downtown convenience. This spacious 1 bedroom, 1 bathroom west-facing unit overlooks a quiet school and low-rise buildings, offering open sunset views and a peaceful setting in the core. Floor-to-ceiling windows fill the open-concept layout with natural light, complemented by a large balcony and flexible bonus space. Features include hardwood flooring, quartz countertops, stainless steel appliances, in-unit laundry, and a storage locker. Located b…

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Property details

MLS#: X12807816
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 3
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2018

Occupancy: Tenant Occupied
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Public Transit, School, Rec./Commun.Centre, Clear View

Building name: The Bowery
Condo corp #: 1019
Balcony: Open
Locker: Owned
Association amenities: Elevator, Exercise Room, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Fees include: Heat Included, Water Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Metal/Steel Siding
Fronting on: —
Cross street: Bay Street & Nepean Street
Stories: 7
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

120 days on market — Listing has been active for 120 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: ROYAL LEPAGE TEAM REALTY

Source: TRREB/PROPTX · MLS® X12807816

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$419K

Unit 714 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $419,000✓ $3,787 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,959/mo

incl. closing costs (yr 1)

Annual total

$47,510

year 1

Mortgage only

$1,590/mo

principal + interest

Beyond mortgage

$1,507/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$83,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$316/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,190/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$34/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,855

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $19,075/yr

Property taxes18% $8,642/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,190/yr

Condo fees10% $4,944/yr

Closing costs11% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,075	$1,590/mo
Government & taxes
Property tax	$3,787	$316/mo
Land transfer tax(closing)	$4,855	$405/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,190	$349/mo
Condo fees
Condo / HOA fees	$4,944	$412/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$47,510	$3,959/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 714

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs