513 - 255 BAY STREET, Ottawa

$535,000

For sale: Apartment

Apartment at 513 - 255 BAY STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
899 sqft
MLS®
MLS® X13698110
Neighbourhood
4102 - Ottawa Centre

EXCEPTIONAL VALUE FOR DOWNTOWN OTTAWA! This modern 2-bedroom, 2-bathroom condo delivers an impressive combination of location, lifestyle and convenience, complete with underground parking and a storage locker. Set in a contemporary building completed in 2016, the bright, well-designed suite features an open-concept layout, hardwood flooring and a modern kitchen with quartz countertops and stainless steel appliances. Two full bathrooms provide added functionality, while the private balcony offers your own outdoor space in the heart of the city. Residents also enjoy an excellent collection of building amenities, including an indoor saltwater pool, fitness centre, sauna and three rooftop terraces. Ideally located just steps from the Lyon LRT and within easy reach of Parliament Hill, LeBreton Flats, restaurants, shops and downtown conveniences. The unit can also be purchased furnished, creating an easy, move-in-ready option for professionals, investors or those looking to enjoy a low-maintenance downtown lifestyle. Two bedrooms, two bathrooms, parking, storage and outstanding amenities - all at an exceptional value in the heart of Ottawa.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 369 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.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 $398,000.

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

About 7% of sales closed above the list price.

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

Median days to sell
34
Median sale price
$398,000
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 369 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 513 - 255 BAY STREET