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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14118990For LeaseCondominium

506-255 Bay St

Ottawa Centre, Ottawa, Ontario K1R 0C5

Map
1 / 26
506-255 Bay St, Ottawa, photo 1
Rent$2,495 /mo
Bedrooms
1
Bathrooms
1
Size
500–599sq ft
Parking
11 underground
Days on market
Members

The brief

About 506-255 Bay St

506-255 Bay St is a 1-bedroom, 1-bathroom condo in Ottawa Centre, Ottawa, listed for rent at an asking rent of $2,495 a month (MLS® X14118990).

Welcome to this 1-bedroom + Den unit at the Bowery. This floor plan offers 678 sqft of useable living space with a private balcony on the quiet side of the building. Modern finishes throughout which include hardwood floors, 9ft ceilings, upgraded kitchen cabinets, quartz counters in kitchen and the bathroom, stainless steel appliances and modern light fixtures. Good-sized bedroom with 2 windows, upgraded full bathroom, spacious den perfect for your home office or bonus room. In unit laundry, 1 storage locker and 1 underground parking included. Great building amenities on the penthouse floor include gym, sauna, salt-water infinity pool, rooftop deck w/ barbecues, and party room. Great location in the heart of downtown Ottawa, steps from the Parliament, LRT Station, restaurants, government buildings, Byward Market and the Rideau Centre.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

MLS® number
X14118990
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
500-599 sqft
Listed on
Parking
1 Underground, 1 Parking
Lease terms
1 Year
Listing brokerage: ROYAL LEPAGE INTEGRITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Ottawa Centre
Municipality
Ottawa

Building

Size
500-599 sqft
Construction
Concrete

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Stainless steel Stove, Stainless steel Microwave/Hood Fan, Dryer, Washer, Stainless steel Refrigerator, Dishwasher

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 506-255 Bay St, Ottawa, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,495N/AFor LeaseX14118990

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage tools

Mortgage tools apply to sale listings.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable leases

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 8 on fileRead 2026-11-03
250 m500 m1 km2 kmBeyond · area-wideNot in Rideau Valley Conservation Authority’s mapped regulated areaNot in the municipality’s mapped flood areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 6.4 kmTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada38 federal contaminated sites within 1 kmElectricity is distributed here by Hydro Ottawa LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
  • Not in the municipality’s mapped flood areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m

Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 6.4 km6.4 km

Province of Ontario open data

Around the home2

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 270 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Municipal transit open data · Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 750 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 38 federal contaminated sites within 1 km17 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro Ottawa LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Ottawa Centre right now

For sale now
129
Median asking price
$420K

Middle half: $345K to $514K

New in 7 days
12

48 in 28 days

Price cuts
26%

33 listings

This home is asking 99% below the median, lower than three quarters of them.

See all homes in Ottawa Centre

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
LyonOC Transpo light rail: O-Train Line 1350 m
PimisiOC Transpo light rail: O-Train Line 1750 m
ParliamentOC Transpo light rail: O-Train Line 1750 m
Corso ItaliaOC Transpo light rail: O-Train Line 21.4 km
Lycée ClaudelOC Transpo bus rapid transit: Transitway3.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Centennial Public SchoolOttawa-Carleton DSBPublic · grades JK–8 · French Immersion50 m64%Grade 6 average
Cambridge Street Community Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion800 m54%Grade 6 average
St Anthony Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion1.1 km86%Grade 3 average
École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–81.9 km100%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Urban Aboriginal Alternate High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion250 m—
École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–12600 m—
Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion600 m—
Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion1.9 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in Ottawa Centre are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record