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$467K · 1 bed Condo Apartment · Unit 1701, 255 Bay Street, Ottawa, Ontario K1R 0C5 | HomeSearchCanada

$467,000

Unit 1701

72 DOM

1172d

Map

⚡ Insider Deal

DOM 72

↓ $12KPrice Reduced

$467,000

↓ $12K

DOM72days

Unit 1701

255 Bay Street · Ottawa · Ontario K1R 0C5

MLS® X13054242 · 4102 - Ottawa Centre · K1R 0C5

11Vacant600-699 ft²Condo Apartment1-car Built-InNo basement72d$719/ft²$4,351 tax/yrBuilt 20188 yrs oldNo basement

72 days on market

About this home

Located in the heart of Centre Town, this bright and modern condo offers a clean, open-concept layout designed for both everyday living and entertaining. The sleek all-granite surface, all-white kitchen features a large center island with seating, ample cabinetry, and flows seamlessly into the living and dining (or flex office/library) area, all complemented by rich hardwood flooring. Floor-to-ceiling windows fill the space with natural light and lead to a spacious private balcony with sweeping…

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Property details

MLS#: X13054242
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: 1 Storey/Apt
Type: Condo Apartment
Year built: 2018

Occupancy: Vacant
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Clear View, Library

View: City, Clear, Downtown, Skyline

Condo corp #: 1019
Balcony: Open
Locker: Owned
Association amenities: Bike Storage, Community BBQ, Gym, Indoor Pool, Party Room/Meeting Room, Sauna
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Built-In
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete · Privacy
Fronting on: —
Cross street: On east side of Bay St between Gloucester and Nepean
Stories: 17
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
Parking features: Underground

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $12KPrice reduction

MLS shows the seller reduced the asking price by $12,000 (from $479,000 to $467,000).

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: IAN CHARLEBOIS REAL ESTATE & MORTGAGES INC

Source: TRREB/PROPTX · MLS® X13054242

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$467K

Unit 1701 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $467,000✓ $4,351 tax✓ Other✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,378/mo

incl. closing costs (yr 1)

Annual total

$52,540

year 1

Mortgage only

$1,772/mo

principal + interest

Beyond mortgage

$1,664/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$93,400

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$363/mo

Utilities

Hydro / electricity$75/mo

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

Other$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%$4,670/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$5,815

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $21,260/yr

Property taxes19% $10,166/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,670/yr

Condo fees11% $5,783/yr

Closing costs10% $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)	$21,260	$1,772/mo
Government & taxes
Property tax	$4,351	$363/mo
Land transfer tax(closing)	$5,815	$485/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,670	$389/mo
Condo fees
Condo / HOA fees	$5,783	$482/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	$52,540	$4,378/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 1701

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