255 Argyle Avenue — Studio Argyle

Centretown · Ottawa · Studio Argyle · Condo Est. 2000

255 Argyle Avenue - Studio Argyle

113Sales on record

$800KPeak sold price

2000-2026Sales history

255 Argyle Avenue · Ottawa, Ontario Last Updated: March 17th, 2026

The Building

The industrial chic of Studio Argyle

255 Argyle Avenue — known as Studio Argyle — is one of Ottawa's most celebrated urban loft addresses, nestled between Elgin and Bank streets at the heart of Centretown. Built in the 1960s and converted by Domicile Developments in 2000, the building's 40 suites across four storeys feature 11–16-foot exposed concrete ceilings, spiral ductwork, exposed brick, gas fireplaces, birch hardwood floors, and floor-to-ceiling windows. Larger suites boast spectacular wrap-around terraces with natural gas connections. A penthouses level and grade-level garden suites add further variety. The building's prominent red brick and cream accents, walk score of 94, and bike score of 99 make it one of downtown Ottawa's most complete urban addresses.

Built

1960s

Condo Conversion

2000

Neighbourhood

Centretown

Building Type

Hard Loft

Total Units

Project Name

Studio Argyle

Developer

Domicile Developments

One of Ottawa's most prolific and award-winning residential developers, Domicile completed the conversion of 255 Argyle in 2000 — registered April 18, 2000 as Condominium Corporation OCSC 623. Known for thoughtful adaptive reuse and urban infill across Centretown and the Glebe.

Architect

—

Architect records for the conversion are not publicly available.

Original Use

Commercial Office Building

Built in the 1960s as a commercial office building in Centretown. The red brick industrial structure sat between Elgin and Bank streets before being reimagined by Domicile as one of Ottawa's first downtown hard loft conversions.

Building History

From office block to urban icon

Studio Argyle was among Ottawa's earliest hard loft conversions — arriving in 2000 at the beginning of the city's loft era and helping define what urban residential living in Ottawa could look like.

1960s

Commercial Office BuildingThe four-storey red brick and cream building is constructed in Centretown as commercial office space, situated between two of Ottawa's most active streets — Elgin and Bank. The building's prominent red brick exterior and industrial bones would later prove ideal for residential conversion.

2000

Studio Argyle — Domicile DevelopmentsDomicile Developments completes the conversion into 40 hard loft suites registered April 18, 2000 as Condo Corp OCSC 623. The project — featuring exposed concrete ceilings up to 16 feet, spiral ductwork, gas fireplaces, and spectacular terrace suites — becomes one of Ottawa's first and most-admired downtown loft conversions, setting the tone for the city's loft market in the decade that followed.

2001

First Resales & Market EstablishmentThe first resale transactions begin in 2001, with eight units changing hands at an average of $225K — establishing 255 Argyle as a sought-after address and proving the market for authentic hard loft living in downtown Ottawa.

$800^KPeak sold price

99^%Avg list-to-sold ratio

27^dAvg days on market

3.2×Price growth since 2000

Market Data

Pricing & condo fee history

25 years of active sales data — 113 recorded transactions from first sale in 2000 through to 2025. One of Ottawa's most consistently traded loft buildings, with prices growing 3.2× from initial offerings of ~$200K to a peak of $799,500 in 2025.

Average sold price by year

All recorded transactions · 2000–2025

Monthly condo fee trend

Recorded fees by transaction year

Transaction Record

Recent sales

Unit	Sold	List Price	Sold Price	LP/SP	Bed	Bath	Condo Fee	Taxes/yr	DOM
#106	Jun 2025	$489,900	$490,500	100.1%	1	1	$600/mo	$4,437	6	Sold
#PH1	Feb 2025	$799,900	$799,500	100.0%	2	2	$986/mo	$7,743	9	Sold
#103	May 2024	$499,999	$515,000	103.0%	1	1	$600/mo	$3,940	11	Sold
#107	Nov 2023	$489,500	$470,000	96.0%	1	1	$512/mo	$3,720	85	Sold
#G02	Oct 2023	$425,000	$420,000	98.8%	—	1	$471/mo	$3,355	12	Sold
#202	Mar 2023	$650,000	$670,000	103.1%	2	2	$782/mo	$5,795	13	Sold
#P03	Nov 2022	$749,000	$705,000	94.1%	2	2	$810/mo	$5,808	18	Sold
#G03	Oct 2022	$620,000	$600,000	96.8%	—	1	$535/mo	$3,912	8	Sold

The Neighbourhood

Centretown, Ottawa

Argyle Avenue sits perfectly between Elgin and Bank streets — two of Ottawa's most celebrated strips — putting residents at the centre of the city's best restaurants, parks, and culture, with Parliament Hill and the Rideau Canal both within easy walking distance.

Elgin Street

Ottawa's premier pub and restaurant strip — The Manx, Clocktower Brew Pub, The Elgin Street Diner — is steps away.

Bank Street & The Glebe

Bank Street's independent boutiques, cafés, and the Glebe neighbourhood are a short walk south.

Canadian Museum of Nature

Ottawa's stunning Victorian natural history museum sits directly across the street — views from many units.

Rideau Canal

The UNESCO World Heritage waterway is a 5-minute walk — skating in winter, cycling and paddling in summer.

Parliament Hill & Downtown Core

Canada's seat of government and the downtown office core are both within comfortable walking distance.