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Sold · 2 bed Condo Apartment · Unit 302, 255 Bay Street, Ottawa, Ontario K1R 0C5 | HomeSearchCanada

Sold

Unit 302

122 DOM

22122d

Map

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DOM 122

↓ $40KMotivated SellerPrice Reduced

Sold

↓ $40KMotivated Seller

DOM122days

Unit 302

255 Bay Street · Ottawa · Ontario K1R 0C5

MLS® X13043336 · 4102 - Ottawa Centre · K1R 0C5

22OwnerOccupied800-899 ft²Condo Apartment1-car UndergroundNo basement122d$5,112 tax/yrNo basement

Sold 2026-08-27

122 days on market

About this home

Experience refined urban living at The Bowery, a striking architecturally designed residence in the heart of Centretown, just steps to the Lyon LRT and Ottawa's best dining, shopping, and amenities. This thoughtfully designed 2-bedroom, 2-bathroom corner suite offers 846 sq.ft. of interior space complemented by a private 112 sq.ft. west-facing terrace, perfect for enjoying afternoon sun and evening sunsets. The bright, open-concept layout features 9-ft ceilings, expansive windows, and hardwood f…

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Property details

MLS#: X13043336
Status: Sold
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

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

Property features: Public Transit, Park, Rec./Commun.Centre

View: City, Skyline

Condo corp #: 1019
Balcony: Terrace
Locker: Owned
Association amenities: Exercise Room, Guest Suites, Indoor Pool, Party Room/Meeting Room, Sauna, Visitor Parking
Fees include: Heat Included, Water Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Stone, Metal/Steel Siding
Fronting on: —
Cross street: Bay St. / Nepean St.
Stories: 3
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: None
Parking features: Underground

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $40KPrice reduction

MLS shows the seller reduced the asking price by $40,000 (from $599,900 to $0).

Motivated SellerWhy this label

122 days on market — Listing has been active for 122 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: ENGEL & VOLKERS OTTAWA

Source: TRREB/PROPTX · MLS® X13043336

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Unit 302 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $0✓ $5,112 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$1,903/mo

incl. closing costs (yr 1)

Annual total

$22,834

year 1

Mortgage only

$0/mo

principal + interest

Beyond mortgage

$1,444/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$0

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$426/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 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%$0/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)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$0

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Property taxes22% $5,112/yr

Utilities17% $3,960/yr

Insurance & security7% $1,600/yr

Condo fees31% $7,062/yr

Closing costs22% $5,100/yr

Mortgage is 0% of your true cost of ownership. The other 100% surprises most first-time buyers.

Full breakdown

Government & taxes
Property tax	$5,112	$426/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
Condo fees
Condo / HOA fees	$7,062	$588/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	$22,834	$1,903/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 302

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