2 - 516 BAY STREET, Ottawa

$1,475/mo

For rent: Multiplex

Multiplex at 2 - 516 BAY STREET, Ottawa
Property type
Multiplex
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
5,000 sqft
MLS®
MLS® X13695200
Neighbourhood
4103 - Ottawa Centre

Welcome to 516 Bay Street! This charming main-floor 1-bedroom apartment is ideally located in the heart of Centretown, just steps from restaurants, cafés, grocery stores, public transit, parks, and downtown Ottawa. The unit offers plenty of character, featuring impressive high ceilings, large windows, and an abundance of natural light throughout. The living area features a beautiful decorative fireplace that adds character to the space. The apartment also includes a spacious bedroom with closet space, a full bathroom, and a functional kitchen with plenty of cabinetry and counter space. Located on the main floor, the unit offers convenient access while putting you within walking distance of everything Centretown and downtown Ottawa have to offer. Water is included in the rent. Heat and hydro are extra. No parking space is included with the unit; however, on-street parking and City of Ottawa residential parking permit options may be available in the surrounding area.Rental application, credit check, employment verification, references, and first and last month's rent are required. A great opportunity for anyone looking for a bright, character-filled apartment in one of Ottawa's most central and walkable neighbourhoods.

Sold data

Multiplex homes in Ottawa — recent sold market

Multiplex homes in Ottawa took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 67, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.

The median sale price was $894,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$894,000
Sale-to-list ratio
96.3%
Sold above asking
5%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2 - 516 BAY STREET