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Listed 15 days ago

1412 - 255 Bay Street

4102 - Ottawa Centre, Ottawa Centre

$449,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Rare Corner Unit at The Bowery! This bright & stylish 1-bedroom, 1-bath condo offers the layout homeowners crave & the light they can't fake. With south and east exposure & windows on two sides, this corner suite is flooded with natural light throughout the day & enjoys open urban views. The well-designed floor plan features hardwood floors & an open-concept kitchen, living/dining area ideal for modern living. The kitchen offers quartz countertops, 4 stainless steel appliances, ample cabinetry, & a generous island perfect for cooking, entertaining, or casual dining. The bedroom is spacious & sun-filled, while the full bathroom is finished with clean, contemporary style. An in-unit laundry adds everyday convenience. Private balcony offers distant, unobstructed views to the south and to the east above the city below. Residents of The Bowery enjoy premium amenities including a rooftop terrace with panoramic views, indoor saltwater pool, sauna, fully equipped fitness centre with yoga studio, lounge and dining spaces, business centre, & guest suites. Located in the heart of Centretown, just steps to LRT, Parliament Hill, shops, restaurants, & everyday essentials. A rare opportunity to own a true corner unit in one of downtown Ottawa's more desirable condo buildings - bright, efficient, and perfectly positioned for urban living.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$436
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,983
mls© NumberX13748170
Listed ByRE/MAX HALLMARK REALTY GROUP
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax
$332
Heat allowance
$150
Condo fees, half counted
$218
Housing costs
$2,998 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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