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$600K · 2 bed Condo Apartment · Unit 513, 255 Bay Street, Ottawa, Ontario K1R 0C5 | HomeSearchCanada

$599,900

Unit 513

46 DOM

2246d

Map

DOM 46

$599,900

DOM46days

Unit 513

255 Bay Street · Ottawa · Ontario K1R 0C5

MLS® X13145162 · 4102 - Ottawa Centre · K1R 0C5

22Vacant800-899 ft²Condo Apartment1-car UndergroundNo basement46d$706/ft²$4,769 tax/yrNo basement

46 days on market

About this home

Welcome to Unit 513 at 255 Bay Street - a stylish 2 bedroom, 2 bathroom condo perfectly situated in the heart of downtown Ottawa. This bright and modern unit features an open-concept kitchen, living, and dining area designed for comfortable everyday living and effortless entertaining. The kitchen showcases quartz countertops, stainless steel appliances, and ample cabinetry, while hardwood floors flow throughout the main living spaces.The primary bedroom includes a private ensuite bathroom and wa…

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Property details

MLS#: X13145162
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 3
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: Vacant
Washrooms: 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Condo corp #: 1019
Balcony: Open
Locker: Owned
Association amenities: Gym, Elevator, Party Room/Meeting Room, Sauna, Rooftop Deck/Garden, Visitor Parking
Fees include: CAC Included, Water Included, Building Insurance Included, Parking 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: Brick, Concrete
Fronting on: —
Cross street: Bay St between Gloucester & Nepean.
Stories: 13
Utilities: —
Laundry: Ensuite
Interior: Carpet Free, Primary Bedroom - Main Floor
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: EXIT REALTY MATRIX

Source: TRREB/PROPTX · MLS® X13145162

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$600K

Unit 513 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $599,900✓ $4,769 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,317/mo

incl. closing costs (yr 1)

Annual total

$63,810

year 1

Mortgage only

$2,276/mo

principal + interest

Beyond mortgage

$1,877/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$119,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$397/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%$5,999/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)$46/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $27,310/yr

Property taxes21% $13,242/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,999/yr

Condo fees10% $6,599/yr

Closing costs8% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$27,310	$2,276/mo
Government & taxes
Property tax	$4,769	$397/mo
Land transfer tax(closing)	$8,473	$706/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%)	$5,999	$500/mo
Condo fees
Condo / HOA fees	$6,599	$550/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	$63,810	$5,317/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 513

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