255 Bay St #309 is a 1-bathroom condo in Ottawa, listed for $305,000. It has 0-499 sq ft of living space.
1The modern kitchen features sleek cabinetry, stainless steel appliances and plenty of workspace, while the open concept living area easily transitions from day to night with a convenient Murphy bed.
2In-suite laundry and a contemporary full bathroom complete this efficient urban home.
3Whether you're starting your morning with a workout, relaxing by the pool or entertaining friends on the rooftop, everything is just an elevator ride away.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bath Condo in Ottawa
Unit 309 at 255 Bay Street
Welcome to The Bowery at 255 Bay Street, where modern downtown living meets an impressive collection of rooftop amenities.This stylish studio condo offers a smart, functional layout designed to maximize space and flexibility. The modern kitchen features sleek cabinetry, stainless steel appliances and plenty of workspace, while the open concept living area easily transitions from day to night with a convenient Murphy bed. In-suite laundry and a contemporary full bathroom complete this efficient urban home. What truly sets The Bowery apart is the lifestyle. Head to the rooftop and enjoy an outstanding collection of amenities, including an indoor swimming pool, sauna, fully equipped fitness centre, party room and outdoor rooftop patio, all with impressive views overlooking downtown Ottawa. Whether you're starting your morning with a workout, relaxing by the pool or entertaining friends on the rooftop, everything is just an elevator ride away. Located in the heart of downtown Ottawa, you're within walking distance of Lyon LRT Station, Parliament Hill, the business district, restaurants, cafés, shopping and everyday conveniences. Leave the car behind and enjoy everything the city has to offer right outside your door. This property is an excellent opportunity for a young professional, first-time buyer, investor, student or executive looking for an Ottawa pied-à-terre. It could also be a smart alternative for parents looking to purchase instead of rent while their child attends school in Ottawa. Modern living, an unbeatable downtown location and outstanding rooftop amenities. Welcome to The Bowery.
Ottawa condo priced at $305,000 — book a tour to see if it fits your search.
Inside 255 Bay St #309
Every detail from the listing, in one place.
Type
Condo
Style
Bachelor/Studio
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bachelor/Studio
Property class
Condo Apartment
255 Bay St #309 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,498
/mo
based on the purchase price of $305,000
$61,000 cash
$244,000 financed
$205,512 total interest
Principal54%$244,000
Interest46%$205,512
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Bay Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 255 Bay St #309 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 255 Bay St #309 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Ottawa
Other 1–2 bed homes for sale in Ottawa around $305K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings276Homes for sale here right now.
Median vs prior 90 days+2.0%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 139 sales from Jul 17 – Oct 15, 2026 (106 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 1 for rent at 255 Bay St — plus its sale and lease history.
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 29 stops within a 10-minute walk.
255 Bay St #309 is listed at $305,000 (MLS® X13711084). Summitly updates the price as soon as the MLS® record changes.
Has the price of 255 Bay St #309 changed?
Yes — it was first listed at $315,000 and is now $305,000, a drop of $10,000 (3.2%).
How many bedrooms and bathrooms does 255 Bay St #309 have?
255 Bay St #309 has 1 bathroom, with about 0–499 square feet of living space. It is a condo in Ottawa.
What schools are near 255 Bay St #309?
The 4 closest schools to 255 Bay St #309 in a straight line are Centennial Public School (Elementary, Ottawa-Carleton District School Board), about 90 m (about a 1-minute walk); St. Patrick's Adult School (Secondary, Ottawa Catholic School Board), about 210 m (about a 3-minute walk); Albert Street Education Centre (Secondary, Ottawa-Carleton District School Board), about 240 m (about a 3-minute walk); and Debbie Campbell Learning Academy (Secondary), about 270 m (about a 3-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
Is 255 Bay St #309 close to transit?
The nearest rapid-transit station is Lyon Station (O-Train Line 1), about 410 m (about a 5-minute walk) in a straight line. Parliament Station is about 760 m (about a 10-minute walk), and Pimisi Station is about 780 m (about a 10-minute walk). The closest bus or streetcar stop is Slater / Bay, about 260 m (about a 3-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 255 Bay St #309?
About $1,498 a month — principal and interest on $305,000 with 20% down ($61,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 255 Bay St #309 compare with other homes in Ottawa?
Its asking price of $305,000 is about 32% below the median sold price in Ottawa over the last 90 days, $450,000, across 139 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 255 Bay St #309 been sold before?
Summitly has no earlier MLS® sale or lease of 255 Bay St #309 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 255 Bay St #309?
255 Bay St #309 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 255 Bay St #309 been on the market?
51 days — 255 Bay St #309 was listed on August 25, 2026.
What is the price per square foot of 255 Bay St #309?
About $611 per square foot: the asking price of $305,000 over the 0–499 sq ft the listing gives.