For saleAbove Market

TownhouseOn market 59 days

541 Bay St, Ottawa

Name: 541 Bay Street
SKU: X13780436
Price: 674000 CAD
Availability: InStock

Ottawa, ON · · MLS® X13780436Updated November 9, 2026

$674,000Est. $3,311/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 1100–1500sq ft
Parking spaces: 2

Type Townhouse
Basement Full, Unfinished

What you should know

541 Bay St is a 3-bedroom, 1-bathroom townhouse in Ottawa, listed for $674,000. It has 1100-1500 sq ft of living space.

Bursting with character, it offers 3 bedrooms, 2 bathrooms, and the ultimate downtown luxury, 2 parking spots.
Inside, high ceilings draw you through bright living and dining spaces into an updated kitchen finished with stainless steel appliances, classic checkerboard flooring, and a sliding glass barn door.
Brand-new windows, fresh flooring, a new furnace, and central air wrap the home in modern comfort.

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3 Bed, 1 Bath Townhouse in Ottawa

About 541 Bay Street

Welcome to 541 Bay Street, a character-filled 2-storey row home tucked onto a quiet block in the heart of Centretown! Bursting with character, it offers 3 bedrooms, 2 bathrooms, and the ultimate downtown luxury, 2 parking spots. Inside, high ceilings draw you through bright living and dining spaces into an updated kitchen finished with stainless steel appliances, classic checkerboard flooring, and a sliding glass barn door. Brand-new windows, fresh flooring, a new furnace, and central air wrap the home in modern comfort. Enjoy a private back deck/patio ideal for BBQing & relaxing. With an exceptional walk score, you're steps from Bank Street coffee shops, Elgin Street, the Glebe, Parliament Hill, and all downtown amenities. A true urban gem waiting for you to call it home.

3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $613 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.

Inside 541 Bay St

Every detail from the listing, in one place.

Type: Townhouse
Style: 2-Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 2 spaces
Basement: Full, Unfinished

Features & systems

Parking & garage

Parking spaces: 2

Interior

Basement: Full · Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Att/Row/Townhouse

541 Bay St Price & Sale History

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

Sep 14, 2026For saleListedThis listingMLS® X13780436$674,000

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

What's it worth?

How 541 Bay St 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

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: $430,000
Average sold price: $562,368
Average days on market: 42
Homes sold: 120

Closed sales on the TRREB MLS®.

Full Ottawa market report

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.

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Home	Sold price	$ / sqft	% of asking	Sold
This home541 Bay Street 3 bd · 1 ba · 1,100 sqft	$674,000asking	$613	—	—
216 Bay Street 3 bd · 1 ba · 1,100 sqft
5 Beckington Private 3 bd · 3 ba · 1,100 sqft
68 Macdonald Street 3 bd · 1 ba · 1,500 sqft
73 Gilmour Street 4 bd · 2 ba · 1,500 sqft
24 Waverley Street 3 bd · 2 ba · 2,000 sqft
539 Gilmour Street 4 bd · 2 ba · 1,500 sqft

216 Bay Street
3 bd · 1 ba · 1,100 sqft
5 Beckington Private
3 bd · 3 ba · 1,100 sqft
68 Macdonald Street
3 bd · 1 ba · 1,500 sqft
73 Gilmour Street
4 bd · 2 ba · 1,500 sqft
24 Waverley Street
3 bd · 2 ba · 2,000 sqft
539 Gilmour Street
4 bd · 2 ba · 1,500 sqft

Living in Ottawa: Location & Amenities

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

Costs, Mortgage & Rental Return for 541 Bay St

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

Mortgage: $3,311; 20% down · 25 years · 5.5% assumed
Property tax: $371; 0.66% mill rate · ON
Total per month: $3,682; 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

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Down payment

Rate (%)

Years

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

Affordability calculator

Estimated monthly payment

$3,311

/mo

based on the purchase price of $674,000

Down payment20%

$134,800 cash

Amortization25 yr

$539,200 financed

Rate5.50%

$454,148 total interest

Principal54%$539,200

Interest46%$454,148

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.

For homeowners nearby

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Listing brokerage: EXP REALTY, BrokerageMLS® X13780436 · Listing data last updated November 9, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Sep 13· $613/sq ft

Estimated monthly mortgage$3,311/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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