This has been discussed here before, but i will save you the search.
Yes, if you completed your bachelors you can apply, and if your one year is up before the start date of the program, then many programs will accept that.
However, do remeber that there are only 105 programs in the whole country, and everybody and there brother is trying to get in. So, meeting the "minimum" requirements may not be enough, as there is alot of competition for minimal seats.
Also, there have been posters on this topic that have gotten accepted with the exact scenario you describe, but again they have stressed that this is usually not the majority.
Good luck!! ...please let us know how it goes.