255 Bay St #905, Ottawa

Name: 255 Bay Street, Unit 905
SKU: X13732926
Price: 395000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Ottawa

Unit 905 at 255 Bay Street

Welcome to this stunning sun-filled one-bedroom corner condo located in the heart of downtown Ottawa at the Bowery! Combining modern elegance with unbeatable urban convenience, this bright, open-concept condo features elegant hardwood floors and an abundance of natural light throughout. The contemporary kitchen is equipped with sleek quartz countertops, stainless steel appliances, ample cabinetry, and a large island with seating perfect for cooking and entertaining. The spacious living area extends to a private balcony, where you'll enjoy breathtaking sunsets and views of the Ottawa River. The light-filled bedroom offers a peaceful retreat, while the modern 4-piece bathroom includes a shower/tub combo and elegant finishes. In-suite laundry adds everyday convenience. Enjoy resort-style living with premium building amenities: a heated indoor pool, sauna, full fitness center, rooftop BBQ patio with panoramic city views, stylish party room, and two guest suites. Just steps from the Ottawa River, LRT, restaurants, cafes, shopping, and parks, this prime location places you at the center of it all. Don't miss the opportunity to own a chic corner unit with modern comfort and unbeatable views in one of Ottawa's most desirable buildings. Tenant occupied please see relator remarks for showing times/restrictions. 24hr notice for all showings. 24hr irrevocable on all offers

1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $790 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 255 Bay St #905

Every detail from the listing, in one place.

Type: Condo
Style: 1 Storey/Apt
Living space: 500-599 sq ftas stated on the listing
Basement: Other

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: Other

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 1 Storey/Apt
Property class: Condo Apartment

255 Bay St #905 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 1, 2026For saleListedThis listingMLS® X13732926$395,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 255 Bay St #905 Compares to the Ottawa Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 236 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Ottawa market, last 90 days

Median sold price: $442,000
Average sold price: $568,437
Average days on market: 44
Homes sold: 139

Closed sales on the TRREB MLS®.

Full Ottawa market report

Market pulse · Ottawa

Ottawa market

Median sold price$442,000Last 90 days
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings253Homes for sale here right now.
Median vs prior 90 days+0.2%Compared with Apr 24 – Jul 23, 2026: prices up.

Based on 139 sales from Jul 23 – Oct 21, 2026 (108 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Ottawa

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 905 — 255 Bay Street 1 bd · 1 ba · 500 sqft	$395,000asking	$790	—	—
199 Kent Street 2 bd · 1 ba · 1,000 sqft
360 McLeod Street 1 bd · 1 ba · 600 sqft
245 Kent Street 2 bd · 2 ba · 1,000 sqft
340 Queen Street 1 bd · 1 ba · 500 sqft
255 Bay Street 1 bd · 1 ba · 600 sqft
324 Laurier Avenue 2 bd · 1 ba · 800 sqft

199 Kent Street
2 bd · 1 ba · 1,000 sqft
360 McLeod Street
1 bd · 1 ba · 600 sqft
245 Kent Street
2 bd · 2 ba · 1,000 sqft
340 Queen Street
1 bd · 1 ba · 500 sqft
255 Bay Street
1 bd · 1 ba · 600 sqft
324 Laurier Avenue
2 bd · 1 ba · 800 sqft

More in this building

4 for sale · 1 for rent at 255 Bay St — plus its sale and lease history.

See all of 255 Bay St

Living in Ottawa: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Lyon StationO-Train Line 1410 m5 min walk
Parliament StationO-Train Line 1760 m10 min walk
Pimisi StationO-Train Line 1780 m10 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Lyon Station (O-Train Line 1)5 min walk
Parliament Station (O-Train Line 1)10 min walk
Pimisi Station (O-Train Line 1)10 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Lyon Station
410 m5 minClosest· O-Train Line 1
Homes near Lyon Station
Parliament Station
760 m10 min· O-Train Line 1
Homes near Parliament Station
Pimisi Station
780 m10 min· O-Train Line 1
Homes near Pimisi Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 255 Bay St #905. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 255 Bay St #905

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,941; 20% down · 25 years · 5.5% assumed
Property tax: $217; 0.66% mill rate · ON
Total per month: $2,158; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,941

/mo

based on the purchase price of $395,000

Down payment20%

$79,000 cash

Amortization25 yr

$316,000 financed

Rate5.50%

$266,155 total interest

Principal54%$316,000

Interest46%$266,155

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.

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Questions About 255 Bay St #905

How much is 255 Bay St #905 listed for?

255 Bay St #905 is listed at $395,000 (MLS® X13732926). Summitly updates the price as soon as the MLS® record changes.

Is $395,000 a good price for 255 Bay St #905?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 255 Bay St #905 changed?

No — 255 Bay St #905 is still listed at its original asking price of $395,000.

How many bedrooms and bathrooms does 255 Bay St #905 have?

255 Bay St #905 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Ottawa.

Is 255 Bay St #905 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). 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 #905?

About $1,941 a month — principal and interest on $395,000 with 20% down ($79,000), 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 #905 compare with other homes in Ottawa?

Its asking price of $395,000 is about 11% below the median sold price in Ottawa over the last 90 days, $442,000, 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 #905 been sold before?

Summitly has no earlier MLS® sale or lease of 255 Bay St #905 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 255 Bay St #905?

255 Bay St #905 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 255 Bay St #905 been on the market?

50 days — 255 Bay St #905 was listed on September 1, 2026.

What is the price per square foot of 255 Bay St #905?

About $659 to $790 per square foot: the asking price of $395,000 over the 500–599 sq ft the listing gives as its size range.

Does 255 Bay St #905 have parking or a garage?

Garage: Yes.

What you should know