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Unit 503 at Park Square

Sold

151 Bay Street 503, Ottawa Centre, ON K1R 7T2

MLS #X12113775

$305,500

Sold on June 22, 2025

June 22, 2025

Originally listed at $339,000 28 days on market

About This Property

Welcome to 151 Bay Street, Suite 503 an inviting and spacious 2-bedroom, 2-bathroom end-unit condominium in the heart of downtown. This masterfully designed unit is filled with natural light and offers incredible convenience, located steps from the Lyon LRT Station, Hilton Hotel, Parliament Hill, major government offices, and the highly anticipated Senators Hockey Arena at LeBreton Flats. Featuring laminate flooring, air conditioning, and a well-maintained layout, this condo includes same-floor laundry and locker access, an underground parking space, and fantastic amenities such as a naturally lit swimming pool and sauna. Condo fees cover Heat, Hydro, Water, Caretaker, Management, Building Insurance, and Recreational Facilities. With endless potential for your personal touches, this is a rare opportunity to create your ideal downtown living space!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1033/mo) and property tax ($3,152/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$357/sqft
4101 - Ottawa Centre
$727/sqft-50.9%
Ottawa Centre
$547/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 950 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-145
MLS Size900-999
Listed OnApr 29, 2025
Maintenance Fees$1,033/month
Property Tax$3,152/year

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Rooms

NameSize (m)Size (ft)Features
Primary Bedroom(Main)4.57 x 3.0915.0 x 10.1-
Bedroom(Main)4.06 x 2.9413.3 x 9.6-
Dining Room(Main)3.81 x 2.7412.5 x 9.0-
Kitchen(Main)3.35 x 2.4311.0 x 8.0-
Living Room(Main)4.97 x 4.5716.3 x 15.0-
Other(Main)2.33 x 1.377.6 x 4.5-
Foyer(Main)2.74 x 1.829.0 x 6.0-

Room Dimensions Available

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Unit 503 History

Complete transaction history for this unit

Terminated

Listed: Mar 18, 2025

$379,500

42 days on marketSale
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Price History

Original List Price

$339,000

Listed on Apr 29, 2025

Sold Price

$305,500

Sold on Jun 22, 2025

-$33,500

-9.9%

28 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePark Square
Address151 Bay Street, Ottawa Centre
Parking TypeUnderground

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About Unit 503 at Park Square

Unit 503 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 900-999 square feet located at Park Square, 151 Bay Street, Ottawa Centre. This unit is currently sold (sold for $306K).

About Park Square

Park Square is located at 151 Bay Street, Ottawa Centre. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

4101 - Ottawa Centre Neighbourhood

This unit is located in 4101 - Ottawa Centre, part of Ottawa Centre in the Ottawa area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Park Square, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 503 Park Square Ottawa Centre

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