2 Days Ago
Highlights
Pet Friendly
Location
542 Bay Street #3, Ottawa, ON K1R 6B7, CA|Centretown
Tour 542 Bay Street #3
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Proper Property Management
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Amenities for 542 Bay Street #3, Centretown
Apartment Amenities
| Balcony | Central Heat |
| Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 542 Bay Street #3
Sweet deal!
This listing is 16% below the median price for 3 bedroom apartments in Centretown.
Renovated extensively in 2022! Huge, sunny 3 bedroom, 2 full bathroom apartment spread over the second and third floors of a clean, secure heritage building in a quiet neighbourhood. Close to schools, transportation, and a quick jaunt to Carleton University. Unit features fully renovated kitchen with dishwasher, two full bathrooms (one with bathtub, the other with a stand-up shower, fresh paint, new hardwood and laminate floors throughout, and a private balcony. Rent includes heat and water. Tenants pay electricity. Laundry is in-unit. There is only street parking available. Viewings by appointment at 613-890-4790 (TEXT ONLY PLEASE). Available February 1st or for immediate occupancy.
Lease Terms
1 yearAddress details
| Neighborhood | Centretown |
|---|---|
| Post code | K1R 6B7 |
| Type | Apartment for rent |
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Rent trends in Centretown
3-bedroom apartments at 542 Bay Street #3 cost about 16% less than the average rent price for 3-bedroom apartments in Ottawa.
Median rents as of Jan 3 2026.
Centretown
Ottawa
| Month | Median Rent |
|---|---|
| February 2024 | $2,662 |
| March 2024 | $2,680 |
| April 2024 | $2,653 |
| May 2024 | $2,675 |
| June 2024 | $2,634 |
| July 2024 | $2,660 |
| August 2024 | $2,729 |
| September 2024 | $2,798 |
| October 2024 | $2,725 |
| November 2024 | $2,670 |
| December 2024 | $2,628 |
| January 2025 | $2,600 |
| February 2025 | $2,641 |
| March 2025 | $2,645 |
| April 2025 | $2,686 |
| May 2025 | $2,699 |
| June 2025 | $2,697 |
| July 2025 | $2,700 |
| August 2025 | $2,662 |
| September 2025 | $2,659 |
| October 2025 | $2,691 |
| November 2025 | $2,677 |
| December 2025 | $2,687 |
| January 2026 | $2,650 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,700 |
| March 2024 | $2,618 |
| April 2024 | $2,825 |
| May 2024 | $2,759 |
| June 2024 | $2,594 |
| July 2024 | $2,662 |
| August 2024 | $3,286 |
| September 2024 | $3,130 |
| October 2024 | $3,103 |
| November 2024 | $3,133 |
| December 2024 | $3,356 |
| January 2025 | $2,796 |
| February 2025 | $2,835 |
| March 2025 | $2,734 |
| April 2025 | $2,837 |
| May 2025 | $2,523 |
| June 2025 | $2,811 |
| July 2025 | $3,110 |
| August 2025 | $2,874 |
| September 2025 | $2,787 |
| October 2025 | $3,392 |
| November 2025 | $2,973 |
| December 2025 | $2,702 |
| January 2026 | $2,690 |
Affordability calculator
Can I afford to live at 542 Bay Street #3?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$90,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this 3-bedrooms monthly rent price of $2,250.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $2,250 |
| 4 years ago | $2,400 |
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Internet available near 542 Bay Street #3
Neighborhood
Centretown | Ottawa, ON
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Ottawa near 542 Bay Street #3
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 542 Bay Street #3, Ottawa
Groceries
10/10
Several grocery stores nearby
Shopping
7/10
Variety of shops within walking distance
Cafes
7/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within walking distance
Explore the area around 542 Bay Street #3
Food Arya
508A Gladstone Ave
Domestic Foods
595 Gladstone Ave
Seed to Sausage General
729 Gladstone Ave
Randall's
555 Bank St
Thana Market
386 Bank St
Earlene's House of Fashion
113 James St
Wicked Wanda's Adult Emporiun
327 Bank St
Escape
703 Bank St
Mathews Cint Fashions
150 Argyle Ave
Bella Bella Boutique
240 Bank St
Arlington Five
5 Arlington Ave
Tim Hortons
450 Bank St
Tim Hortons
655 Bronson Ave
Starbucks
455 Bank St
Tim Hortons
525 Somerset St W
Clock Tower Brew Pub
575 Bank St
Caff Italiano
777 Gladstone Ave
Royal Oak
318 Bank St
Eddys Dinner
777 Bank St
107 Fourth Avenue Wine Bar
107 Fourth Ave
True Loaf Bread Company
573 Gladstone Ave
Three Tarts
464 Bank St
Thimble Cakes
369 Bank St
Herb & Spice Shop
375 Bank St
Ping Fat Lee Inc
719 Somerset St W
Arlington Park
Chamberlain Park
Chamberlain Park
Glebe Memorial Park
McNabb Park
The Curry Palace
569 Gladstone Ave
Gladstone Golden Grill
523 Gladstone Ave
Ottawa Kabab
577 Gladstone Ave
Papa Joe's Pizza
527 Bronson Ave
Jak's Kitchen
479 Bronson Ave
CATHERINE / BAY
GLADSTONE / BAY
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GLADSTONE / BAY
,
GLADSTONE / LYON
,
GLADSTONE / PERCY
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CARLING
BAYVIEW
CARLETON S.
CARLETON N.
CONFEDERATION
ALBERT / EMPRESS N
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LYON A
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PIMISI D
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LYON O-TRAIN EAST / EST
SLATER/O'CONNOR
PLATEAU, PLATEAU/DES TREMBLES, CÉGEP GABRIELLE-ROY, CÉGEP G-ROY/ST-JOSEPH, FREEMAN, OTTAWA, OTTAWA, FOURNIER/GRÉBER, CÔTE-DES-NEIGES, STATION LA CITÉ, CGP G-ROY/MUTCHMORE, RAPIBUS 400
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