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$650K · 2 bed Condo Apartment · Unit 1603, The Bowery, 255 Bay Street, Ottawa, Ontario K1R 0C5 | HomeSearchCanada

$649,900

Unit 1603

85 DOM

2185d

Map

DOM 85

$649,900

DOM85days

Unit 1603

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

MLS® X13027854 · 4102 - Ottawa Centre · K1R 0C5

21OwnerOccupied600-699 ft²Condo ApartmentNoneNo basement85d$1,001/ft²$4,111 tax/yrNo basement

85 days on market

About this home

This is your chance to own one of The Bowery's most coveted Horizon Series residences - one of only two luxury units of its kind. Perched on the16th floor, this EP-4 model offers a breathtaking 270 panorama spanning sunrise to sunset, with floor-to-ceiling windows framing views of Downtown Ottawa, the Gatineau Hills, and the Ottawa River. Inside, rich hardwood floors flow throughout the bright, open-concept living space. The sleek, modern kitchen is an entertainers dream, featuring white cabinet…

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Property details

MLS#: X13027854
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 1 full, 0 half
Rooms: 6
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Owner Occupied
Washrooms: 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Building name: The Bowery
Condo corp #: 1019
Balcony: Terrace
Locker: Exclusive
Fees include: Heat Included, Water 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
Fronting on: —
Cross street: Gloucester St & Bay Street
Stories: 16
Utilities: —
Laundry: In-Suite Laundry, Ensuite
Interior: Storage Area Lockers
Parking features: —

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: ROYAL LEPAGE PERFORMANCE REALTY

Source: TRREB/PROPTX · MLS® X13027854

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$650K

Unit 1603 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $649,900✓ $4,111 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,508/mo

incl. closing costs (yr 1)

Annual total

$66,091

year 1

Mortgage only

$2,466/mo

principal + interest

Beyond mortgage

$1,794/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$129,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$343/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%$6,499/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)$40/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $29,586/yr

Property taxes21% $13,584/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,499/yr

Condo fees9% $5,762/yr

Closing costs8% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,586	$2,466/mo
Government & taxes
Property tax	$4,111	$343/mo
Land transfer tax(closing)	$9,473	$789/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%)	$6,499	$542/mo
Condo fees
Condo / HOA fees	$5,762	$480/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	$66,091	$5,508/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 1603

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