224 LYON Street, Unit 10, Ottawa Centre, ON
Property no longer active
This property was sold on January 6, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Unknown
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Flooring: Hardwood, *Open House Nov 16, 2-4PM* Welcome to unit 1010 at Gotham, Ottawa’s iconic modern residence designed by Lamb Development Corporation. This 1-bed + den condo offers 648 sq ft of contemporary living with stunning hardwood floors, exposed concrete ceilings, and a spacious open-concept layout. The kitchen is equipped with stainless steel appliances, a natural gas stove, and a large island, ideal for entertaining. Sliding doors connect the bedroom to the living area, while the modern bathroom includes ample storage. Enjoy a den perfect for a home office, plus an open balcony with a BBQ hookup. Building amenities include concierge service, a second-floor BBQ area, party room, bike storage, and underground parking. Located in the heart of Ottawa, you're minutes from Centretown, Little Italy, Hintonburg, and Chinatown, with easy access to transit, groceries, and dining. Experience upscale urban living in this chic, sought-after location.
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Property Summary
This condo apartment located at 224 LYON Street, Ottawa Centre is currently for sale and has been available on SousaSells for 613 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 224 LYON Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 224 LYON Street N 1010, Ottawa Centre, ON K1R 0C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $375,000 in Ottawa Centre, the legal minimum down payment is $18,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,100 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,100.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.