$ 1,475

2 - 516 Bay Street, Ottawa

Welcome to 516 Bay Street! This charming main-floor 1-bedroom apartment is ideally located in the heart of Centretown, just steps from restaurants, cafés, grocery stores, public transit, parks, and downtown Ottawa. The unit offers plenty of character, featuring impressive high ceilings, large windows, and an abundance of natural light throughout. The living area features a beautiful decorative fireplace that adds character to the space. The apartment also includes a spacious bedroom with closet space, a full bathroom, and a functional kitchen with plenty of cabinetry and counter space. Located on the main floor, the unit offers convenient access while putting you within walking distance of everything Centretown and downtown Ottawa have to offer. Water is included in the rent. Heat and hydro are extra. No parking space is included with the unit; however, on-street parking and City of Ottawa residential parking permit options may be available in the surrounding area.Rental application, credit check, employment verification, references, and first and last month's rent are required. A great opportunity for anyone looking for a bright, character-filled apartment in one of Ottawa's most central and walkable neighbourhoods. (id:1945)
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Property details for 2 - 516 Bay Street, Ottawa

Type
Multi-family
Bedrooms
1
Bathrooms
1
Stories
2
Basement
None
Parking
No Garage
Heating
Baseboard heaters, Electric
Cooling
None
Exterior
Brick

Nearby Listings Stat

Estimated price and comparable properties near 2 - 516 Bay Street

Active Listings
102
Min Price
$1,449
Max Price
$2,771
Avg Price
$2,034
Days on Market
36
days
Sold Listings
51
Min Sold Price
$1,350
Max Sold Price
$3,100
Avg Sold Price
$2,026
Days until Sold
31
days

Neighbourhood Census Data

Ottawa, Ontario

Population
538
Median Age
31.3
Median Income
$31,424
Dwelling Value
$501,136

Housing Tenure

Owners 35%
Renters 65%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 5,803.7/km²
Avg Shelter Cost: $1,708/mo
Owners with Mortgage: 68.4%
Owners Spending 30%+: 25%
Tenants Spending 30%+: 60%
English only: 68.2%
English and French: 30.8%
Neither: 0.9%
Median Household Income: $56,704
Median Employment Income: $29,504

Price History

Listed
August 20, 2026
by RE/MAX DELTA REALTY
Current Price
$1,475
-1.7% from last change
Type
Multi-family
For Rent
Price Changes
1
Date Price Change
Current $1,475 $25 (-1.7%)
Aug 25, 2026 $1,500 Listed

Contact Agent Get in touch about 2 - 516 Bay Street, Ottawa

Ervy Makamu
Ervy Makamu
RE/MAX DELTA REALTY