Welcome to this sun-drenched 678 sq. ft. 1-bedroom + den condo in the heart of Ottawa! Offering a thoughtfully designed open-concept layout and hardwood flooring throughout, this inviting home blends comfort with downtown convenience. The modern kitchen features sleek quartz countertops and stainless steel appliances, while the versatile den provides space for a home office. Enjoy resort-style amenities, including an indoor pool, sauna, party room, BBQ terrace and fully equipped fitness centre. One heated underground parking space and a secure storage locker are included. Ideally located steps from Parliament Hill, Rideau Centre, the University of Ottawa, and the vibrant dining and shopping of the ByWard Market and Chinatown. An excellent opportunity for first-time buyers, downsizers or investors. Photos are from a previous listing.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $717 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 #1206
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
255 Bay St #1206 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14163950$429,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 255 Bay St #1206 Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,112
/mo
based on the purchase price of $429,900
$85,980 cash
$343,920 financed
$289,671 total interest
Principal54%$343,920
Interest46%$289,671
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
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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 1–3 bed homes for sale in Ottawa around $430K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings239Homes for sale here right now.
Median vs prior 90 days+0.9%Compared with May 14 – Aug 12, 2026: prices up.
Based on 130 sales from Aug 12 – Nov 10, 2026 (120 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
3 for sale · 1 for rent at 255 Bay St — plus its sale and lease history.
255 Bay St #1206 is listed at $429,900 (MLS® X14163950). Summitly updates the price as soon as the MLS® record changes.
Is $429,900 a good price for 255 Bay St #1206?
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 #1206 changed?
No — 255 Bay St #1206 is still listed at its original asking price of $429,900.
How many bedrooms and bathrooms does 255 Bay St #1206 have?
255 Bay St #1206 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Ottawa.
How much would the monthly mortgage be on 255 Bay St #1206?
About $2,112 a month — principal and interest on $429,900 with 20% down ($85,980), 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 #1206 compare with other homes in Ottawa?
Its asking price of $429,900 is about 3% below the median sold price in Ottawa over the last 90 days, $445,000, across 130 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 #1206 been sold before?
Summitly has no earlier MLS® sale or lease of 255 Bay St #1206 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 255 Bay St #1206?
255 Bay St #1206 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 255 Bay St #1206 been on the market?
1 day — 255 Bay St #1206 was listed on November 9, 2026.
What is the price per square foot of 255 Bay St #1206?
About $615 to $717 per square foot: the asking price of $429,900 over the 600–699 sq ft the listing gives as its size range.
Does 255 Bay St #1206 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 255 Bay St #1206 have a basement, and is it finished?
The listing says 255 Bay St #1206 has no basement.