224 Lyon Street, Unit 16, Ottawa Centre, ON
Property no longer active
This property was sold on January 24, 2025. 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 brick construction, this residence presents an exceptional opportunity offered at $549,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to an exclusive Glasshouse offering at Gotham. Wow your friends and family with the uncompromising views of downtown Ottawa from every room. The floor-to-ceiling windows on three sides (North, East, South) bring the outside in. The concrete accent walls add warmth and depth to the unit, not typically seen in the plethora of generic condominium developments. The open concept and efficient use of space makes this unit perfect for those looking to make the most of their urban lifestyle. The south-facing 102sqft balcony includes a natural gas line for your own BBQ. Leave your car parked in the heated underground garage and walk to work (1km to Parliament Hill) or to one of the many incredible restaurants nearby like North and Navy. Custom window blinds and locker included. It really must be seen to be believed.
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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 585 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 1 bathroom, and is 700-799 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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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 224 Lyon Street N 1116, 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 $549,900 in Ottawa Centre, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.