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$440K · 1 bed Condo Apartment · Unit 409, The Bowery, 255 Bay Street, Ottawa, Ontario K1R 0C5 | HomeSearchCanada

$439,900

Unit 409

92 DOM

1292d

Map

⚡ Insider Deal

DOM 92

↓ $20KMotivated SellerPrice Reduced

$439,900

↓ $20KMotivated Seller

DOM92days

Unit 409

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

MLS® X13083738 · 4102 - Ottawa Centre · K1R 0C5

12TenantOccupied600-699 ft²Condo Apartment1-car UndergroundNo basement92d$677/ft²$4,062 tax/yrBuilt 20188 yrs oldNo basement

92 days on market

About this home

Located in the Bowery on Bay, offering so much for you to enjoy! Close to Parliament, great restaurants, shopping and the LRT! This popular building offers many Penthouse-level amenities, including a rooftop pool, sauna, fitness centre, and stylish party room! This lovely loft condo apartment offers open concept living on the main level with an exceptionally spacious balcony and 2-piece powder room. The loft area offers the primary bedroom, a full 4 piece bath and laundry. Parking included wi…

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Property details

MLS#: X13083738
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 2-Storey
Type: Condo Apartment
Year built: 2018

Occupancy: Tenant Occupied
Washrooms: 2 pc · Main; 4 pc · Second
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Building name: The Bowery
Condo corp #: 1019
Balcony: Open
Locker: None
Association amenities: Elevator, Exercise Room, Indoor Pool, Rooftop Deck/Garden
Fees include: Heat Included, Water Included, Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Somerset
Stories: 4
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Upper Level
Interior: None
Parking features: —

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $20KPrice reduction

MLS shows the seller reduced the asking price by $20,000 (from $459,900 to $439,900).

Motivated SellerWhy this label

92 days on market — Listing has been active for 92 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® X13083738

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$440K

Unit 409 · Bryon Bertrim

Bryon Bertrim, REALTOR® | Real Broker Ontario Ltd. Brokerage · MLS® via PropTx · © CREA · Bona fide use only

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $439,900✓ $4,062 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,182/mo

incl. closing costs (yr 1)

Annual total

$50,182

year 1

Mortgage only

$1,669/mo

principal + interest

Beyond mortgage

$1,615/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$87,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$339/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%$4,399/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$5,273

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $20,026/yr

Property taxes19% $9,335/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,399/yr

Condo fees11% $5,762/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)	$20,026	$1,669/mo
Government & taxes
Property tax	$4,062	$339/mo
Land transfer tax(closing)	$5,273	$439/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%)	$4,399	$367/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	$50,182	$4,182/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 409

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