816 - 255 BAY STREET, Ottawa

$444,900

For sale: Apartment

Apartment at 816 - 255 BAY STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
699 sqft
MLS®
MLS® X13597274
Neighbourhood
4102 - Ottawa Centre

This beautifully upgraded 1-bedroom apartment in one of Centretown's most sought after buildings offers an exceptionally functional layout that lives larger than expected, plus an impressive 101 sq. ft. private balcony spanning the full width of the unit. The unit's open-concept layout maximizes natural light thanks to west-facing floor-to-ceiling windows that fill the home with sunshine. A custom foyer welcomes you, with built-in bench seating, integrated shelving, drawers, storage, and rich hardwood flooring which runs through the unit. The open concept living space is styled with warm tones and is designed for flexibility. The kitchen showcases quartz countertops, stainless steel appliances, and a centre island with breakfast bar seating that provides generous prep space. The living room offers a cozy space to relax while sliding doors provide direct access to the balcony, which offers an unobstructed skyline view. The primary bedroom provides a large closet and is situated directly across from the 4-piece bathroom, which is finished to match the rest of the unit. This unit comes equipped with a underground parking spot and a storage locker. Residents of The Bowery enjoy a collection of resort-styled amenities, including a concierge, a fully equipped fitness centre, sauna, guest suites, private dining room, rooftop lounge, outdoor terrace with BBQ area, yoga space, and a spectacular rooftop indoor pool offering breathtaking panoramic views of Ottawa. This location offers one of Ottawa's most walkable lifestyles, close to Parliament Hill, the financial district, LeBreton Flats, Sparks Street, Bank Street, Elgin Street, the Rideau Canal, and the Ottawa River pathways. Lyon LRT Station is just a short walk away, providing effortless transportation across the city, while countless restaurants, cafés, grocery stores, boutiques, entertainment venues, and fitness studios are all within minutes, making this the ideal opportunity for young professionals and investors!

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 AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

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

Currently for sale

Homes for sale near 816 - 255 BAY STREET