255 Bay St E #112 is a 1-bathroom condo in Ottawa, listed for $274,900. It has 0-499 sq ft of living space.
1Welcome to The Bowery at 255 Bay Street!
2This stylish studio condo offers modern downtown living with exceptional amenities and a large private terrace that extends the living space outdoors.
3The spacious terrace adds valuable outdoor living space and is ideal for morning coffee, entertaining or simply enjoying the city.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bath Condo in Ottawa
Unit 112 at 255 Bay Street East
Welcome to The Bowery at 255 Bay Street! This stylish studio condo offers modern downtown living with exceptional amenities and a large private terrace that extends the living space outdoors. The thoughtfully designed layout features a contemporary kitchen with sleek cabinetry, stainless steel appliances and ample workspace, an open-concept living area, full bathroom and convenient in-suite laundry.Enjoy an impressive selection of rooftop amenities, including an indoor pool, sauna, fully equipped fitness centre, party room and outdoor rooftop terrace, all complemented by views of downtown Ottawa.Ideally located in the heart of downtown, you're just steps from Lyon LRT Station, Parliament Hill, the business district, restaurants, cafés, shopping and everyday conveniences. An excellent opportunity for a first-time buyer, young professional, investor, student, executive or anyone seeking a convenient downtown pied-à-terre. The spacious terrace adds valuable outdoor living space and is ideal for morning coffee, entertaining or simply enjoying the city.
Ottawa condo priced at $274,900 — book a tour to see if it fits your search.
Inside 255 Bay St E #112
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 E #112 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14150768$274,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 255 Bay St E #112 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
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,351
/mo
based on the purchase price of $274,900
$54,980 cash
$219,920 financed
$185,230 total interest
Principal54%$219,920
Interest46%$185,230
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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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 $275K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings230Homes for sale here right now.
Median vs prior 90 days+0.3%Compared with May 9 – Aug 7, 2026: prices up.
Based on 131 sales from Aug 7 – Nov 5, 2026 (116 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
1 for rent at 255 Bay St E — plus its sale and lease history.
255 Bay St E #112 is listed at $274,900 (MLS® X14150768). Summitly updates the price as soon as the MLS® record changes.
Has the price of 255 Bay St E #112 changed?
No — 255 Bay St E #112 is still listed at its original asking price of $274,900.
How many bedrooms and bathrooms does 255 Bay St E #112 have?
255 Bay St E #112 has 1 bathroom, with about 0–499 square feet of living space. It is a condo in Ottawa.
How much would the monthly mortgage be on 255 Bay St E #112?
About $1,351 a month — principal and interest on $274,900 with 20% down ($54,980), 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 E #112 compare with other homes in Ottawa?
Its asking price of $274,900 is about 38% below the median sold price in Ottawa over the last 90 days, $440,000, across 131 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 E #112 been sold before?
Summitly has no earlier MLS® sale or lease of 255 Bay St E #112 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 255 Bay St E #112?
255 Bay St E #112 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 255 Bay St E #112 been on the market?
1 day — 255 Bay St E #112 was listed on November 4, 2026.
What is the price per square foot of 255 Bay St E #112?
About $551 per square foot: the asking price of $274,900 over the 0–499 sq ft the listing gives.
Does 255 Bay St E #112 have parking or a garage?
Garage: Yes.
Does 255 Bay St E #112 have a basement, and is it finished?
The listing says 255 Bay St E #112 has no basement.
What is the land transfer tax on 255 Bay St E #112?
About $2,599 in Ontario land transfer tax at the asking price of $274,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
