309 - 255 BAY STREET, Ottawa

$315,000

For sale: Apartment

Apartment at 309 - 255 BAY STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bathroom
Living area
499 sqft
MLS®
MLS® X13711084
Neighbourhood
4102 - Ottawa Centre

Welcome to The Bowery at 255 Bay Street, where modern downtown living meets an impressive collection of rooftop amenities.This stylish studio condo offers a smart, functional layout designed to maximize space and flexibility. The modern kitchen features sleek cabinetry, stainless steel appliances and plenty of workspace, while the open concept living area easily transitions from day to night with a convenient Murphy bed. In-suite laundry and a contemporary full bathroom complete this efficient urban home. What truly sets The Bowery apart is the lifestyle. Head to the rooftop and enjoy an outstanding collection of amenities, including an indoor swimming pool, sauna, fully equipped fitness centre, party room and outdoor rooftop patio, all with impressive views overlooking downtown Ottawa. Whether you're starting your morning with a workout, relaxing by the pool or entertaining friends on the rooftop, everything is just an elevator ride away. Located in the heart of downtown Ottawa, you're within walking distance of Lyon LRT Station, Parliament Hill, the business district, restaurants, cafés, shopping and everyday conveniences. Leave the car behind and enjoy everything the city has to offer right outside your door. This property is an excellent opportunity for a young professional, first-time buyer, investor, student or executive looking for an Ottawa pied-à-terre. It could also be a smart alternative for parents looking to purchase instead of rent while their child attends school in Ottawa. Modern living, an unbeatable downtown location and outstanding rooftop amenities. Welcome to The Bowery.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 63, across 372 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.

The median sale price was $399,450.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$399,450
Sale-to-list ratio
97.3%
Sold above asking
6%

Based on 372 recorded sales in the last 90 days. 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 309 - 255 BAY STREET