224 LYON Street, Unit 13, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium wood and concrete construction, this residence presents an exceptional opportunity offered at $305,000 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.
- 0 Bedrooms and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to Gotham by Lam Developments! This ultra-modern unit is ideal for investors or first-time buyers, offering a stylish open-concept layout that seamlessly blends the den/bedroom with the living area.Designed with contemporary flair, this space boasts 9-ft ceilings, floor-to-ceiling windows, and chic interior finishes. The upgraded flooring enhances the units sleek appeal, while the kitchen features quartz countertops and stainless steel appliances. The bathroom includes a full-sized tub, quartz countertops, and ceramic tile flooring. For added convenience, theres an in-suite stacked washer and dryer.Located in a prime area, youll be within walking distance of the Byward Market, Chinatown, Parliament, and many other key attractions in Ottawa. The building offers top-notch amenities, including concierge service with a secure parcel room, bicycle parking, and a stylish party room with a full kitchen, dining area, and expansive patio.
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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 478 days. This property is listed at $305,000 with an estimated mortgage of $1,015* per month. It has 0 beds, 1 bathroom, and is 0-499 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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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 1013, Ottawa Centre, ON K1R 5V9
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 $305,000 in Ottawa Centre, the legal minimum down payment is $15,250 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 $3,050 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 $3,050.
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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.