Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchAll Ontario CitiesBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesCompareAI ConciergeFranchise

Company

AboutWhy SummitlyContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    905-553-8500
    HomeBuySell
    For sale Listed 2 days ago

    Unit 816 — 255 Bay Street

    Ottawa Centre·Ottawa, ON··

    • 1 bed
    Ottawa real estate›X13597274
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    This beautifully upgraded 1-bedroom apartment in one of Centretown's most sought after buildings offers an exceptionally functional layout that lives larger than expected, plus an impressive 101 sq. ft. private balcony spanning the full width of the unit. The unit's open-concept layout maximizes natural light thanks to west-facing floor-to-ceiling windows that fill the home with sunshine. A custom foyer welcomes you, with built-in bench seating, integrated shelving, drawers, storage, and rich hardwood flooring which runs through the unit. The open concept living space is styled with warm tones and is designed for flexibility. The kitchen showcases quartz countertops, stainless steel appliances, and a centre island with breakfast bar seating that provides generous prep space. The living room offers a cozy space to relax while sliding doors provide direct access to the balcony, which offers an unobstructed skyline view. The primary bedroom provides a large closet and is situated directly across from the 4-piece bathroom, which is finished to match the rest of the unit. This unit comes equipped with a underground parking spot and a storage locker. Residents of The Bowery enjoy a collection of resort-styled amenities, including a concierge, a fully equipped fitness centre, sauna, guest suites, private dining room, rooftop lounge, outdoor terrace with BBQ area, yoga space, and a spectacular rooftop indoor pool offering breathtaking panoramic views of Ottawa. This location offers one of Ottawa's most walkable lifestyles, close to Parliament Hill, the financial district, LeBreton Flats, Sparks Street, Bank Street, Elgin Street, the Rideau Canal, and the Ottawa River pathways. Lyon LRT Station is just a short walk away, providing effortless transportation across the city, while countless restaurants, cafés, grocery stores, boutiques, entertainment venues, and fitness studios are all within minutes, making this the ideal opportunity for young professionals and investors!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 23, 2026ListedCurrentFor sale$444,900 —X13597274This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Heat Pump
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 816 — 255 Bay Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Park
    • Public Transit
    • School
    • School Bus Route
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,186
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $360
    0.97% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $719,219
      Last 30 days
    • Median sold price
      $648,753
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      3,000
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 816 — 255 Bay Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 816 — 255 Bay Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 816 — 255 Bay Street listed for?

      Unit 816 — 255 Bay Street is listed at $444,900 on the MLS® (listing X13597274). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 816 — 255 Bay Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1 bath
  2. 600-699 sqft
  3. Condo Apartment
  4. Asking
    $444,900
    $1 / sqft · MLS® X13597274
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $438,724
    $403,626Confidence range$473,821
    Asking vs estimate
    ≈in-line
    +$6,176
    (+1.4%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Ottawa sell in about 30 days — this one has been listed 2 days.

    Avg sold price
    $719,219
    Median sold
    $648,753
    Avg days on market
    30
    Recently sold
    3000
    See comparable sales
    AI highlights by Zara
    • The open concept living space is styled with warm tones and is designed for flexibility.
    • The kitchen showcases quartz countertops, stainless steel appliances, and a centre island with breakfast bar seating that provides generous prep space.
    • The living room offers a cozy space to relax while sliding doors provide direct access to the balcony, which offers an unobstructed skyline view.
    • This unit comes equipped with a underground parking spot and a storage locker.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
  6. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Elevator
    Y
  7. Exterior & construction

    4
    Exterior
    Concrete, Metal/Steel Siding
    Foundation
    Concrete
    Patio
    Open
    Balcony
    Open
  8. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Apartment
    Property class
    Condo Apartment
  9. Room-by-room · 3 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    3 rooms
    • Bedroom
      10.0 × 10.7 ft
    • Living Room
      11.6 × 13.5 ft
    • Kitchen
      15.4 × 11.3 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $482
    per month
    Maintenance fee includes
    • Water
    Building details
    • Unit16
    • Storeys (building)8
    • ExposureWest
    • LockerOwned
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpOCSC
    • Corp #1019
    • Property managerSentinel Management Inc.
    Building amenities
    • Sauna
    • Exercise Room
    • Indoor Pool
    • Party Room/Meeting Room
    • Rooftop Deck/Garden
    • Guest Suites
  10. Rec./Commun.Centre
  11. Combined estimate
    $2,546
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,186
    /mo
    based on the purchase price of $444,900
    $88,980 cash
    $355,920 financed
    $299,778 total interest
    Monthly payment$2,186/ month
    Principal54%$355,920
    Interest46%$299,778

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Ottawa

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 442 Via Verona Avenue
      Sold
      Sign in for price
      442 Via Verona Avenue
      Condo Apartment
    • 1440 Heron Road
      Sold
      Sign in for price
      1440 Heron Road
      Condo Apartment
    • 669 Sue Holloway Drive
      Sold
      Sign in for price
      669 Sue Holloway Drive
      Condo Apartment
    • 300 LISGAR Street
      Sold
      Sign in for price
      300 LISGAR Street
      Condo Apartment
    • 429 Somerset Street
      Sold
      Sign in for price
      429 Somerset Street
      Condo Apartment
    • 300 C Lett Street
      Sold
      Sign in for price
      300 C Lett Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 816 — 255 Bay StreetThis home1 / 1600,699$444,900ask$1——
    442 Via Verona Avenue2 / 21,000—
    1440 Heron Road2 / 2800—
    Sold prices are hidden under TRREB rules. to reveal them.

    More condo apartments in Ottawa

    Active listings within ±20% of this asking price.

    • 400 Mcleod Street
      $498,000
      400 Mcleod Street
      Condo Apartment 2 1
    • 200 Glenroy Gilbert Drive
      $379,900
      200 Glenroy Gilbert Drive
      Condo Apartment 2 2
    • 1145 Longfields Drive
      $448,800
      1145 Longfields Drive
      Condo Apartment 3 3
    • 100 Grant Carman Drive
      $499,900
      100 Grant Carman Drive
      Condo Apartment 2 2
    • 14 Norice Street
      $430,000
      14 Norice Street
      Condo Apartment 2 2
    • 238 BESSERER Street
      $415,000
      238 BESSERER Street
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of ENGEL & VOLKERS OTTAWA · displayed on Summitly per MLS® data-share rules

    Unit 816 — 255 Bay Street is a 1-bedroom, 1-bath, 600-699 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was Unit 816 — 255 Bay Street built?

    The year built for Unit 816 — 255 Bay Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for Unit 816 — 255 Bay Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 816 — 255 Bay Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on Unit 816 — 255 Bay Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $444,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has Unit 816 — 255 Bay Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 816 — 255 Bay Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is Unit 816 — 255 Bay Street in?

    Unit 816 — 255 Bay Street is in Ottawa Centre, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  21. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 669 Sue Holloway Drive
    2 / 2
    1,200
    —
    300 LISGAR Street1 / 1600—
    429 Somerset Street1 / 1700—
    300 C Lett Street1 / 1700—