224 LYON Street, Unit 14, Ottawa Centre, ON

$299,900
MLS#:X12046976
0 beds
1 baths
0-499 sqft
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $299,900 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.

  • 0 Bedrooms and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 0.0 total parking spaces available
  • Notable attributes: Wheelchair Access
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience the breathtaking architecture of The Gotham edifice. Immerse yourself in city life: in proximity to boutiques, eateries, the National Art Centre and Parliament, as well as galleries... This ingeniously crafted compact unit presents polished hardwood floors, stylishly revealed concrete walls, countertops fashioned from quartz, stainless steel appliances, lofty ceilings, private laundry within the unit, and a generously sized balcony with great views of the downtown core. The structure boasts an appealing entrance hall, an amazing social gathering space available for private bookings to accommodate large gatherings with a massive outdoor terrace, and attentive concierge assistance. This is an exceptional chance for inaugural homebuyers, emerging experts, or astute investors. Unit is turnkey and comes with some furniture. Minimum 90 day short term rentals allowed. Immediate occupancy available! Flooring: Tile, Hardwood

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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 475 days. This property is listed at $299,900 with an estimated mortgage of $998* 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

0
Bathrooms
1
0
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 21, 2025
Sold price information is available to members only
Listed Date3/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Brick
BasementNone
CountyOttawa
Annual Tax$2,745

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Public Transit, Park

Interior Features

Wheelchair Access

Security Features

Concierge/Security

Community Features

Location

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224 LYON Street, Unit 14, Ottawa Centre, ON
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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 1314, Ottawa Centre, ON K1R 0C1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$89,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,930 over 30 years.
Purchase Price$299,900
Loan Amount$209,930
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $299,900 in Ottawa Centre, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4102 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$525,010

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.