224 Lyon Street, Unit 3, Ottawa Centre, ON
Property no longer active
This property was sold on May 23, 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 concrete and brick construction, this residence presents an exceptional opportunity offered at $389,900 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 with 2 functional kitchens
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to unit 1303 at The Gotham - a 1 bed + den condo offering contemporary design, unobstructed urban views, and a vibrant lifestyle just steps from Ottawa's best amenities. This south-facing unit features exposed concrete ceilings, hardwood floors, and floor-to-ceiling windows that flood the space with natural light. The open-concept layout is ideal for entertaining, with a spacious living and dining area that flows effortlessly onto a generously sized balcony perfect for relaxing or hosting guests with a BBQ-ready setup and incredible skyline views. The kitchen is sleek and stylish, featuring quartz countertops, glossy cabinetry, stainless steel appliances, and a gas stove - a rare luxury in condo living. The primary bedroom offers large windows and closet space, while the versatile den is ideal for a home office. The modern bathroom boasts clean lines, large format tile, and upscale fixtures. Enjoy the ease of in-unit laundry, central air, and condo fees that include water. One owned storage locker is included. This building also offers an impressive entertainment lounge / party room with an oversized outdoor terrace perfect for hosting private events, and the convenience of a dedicated concierge always ready to help. Located in one of Ottawa's most walkable neighbourhoods, you're steps to the LRT, restaurants, coffee shops, groceries, government buildings and cultural venues. From Lyon Station to Sparks Street, Little Italy to Chinatown, this is the ultimate downtown address for professionals, investors, or anyone craving the convenience of city living.
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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 451 days. This property is listed at $389,900 with an estimated mortgage of $1,298* per month. It has 2 beds, 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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Primary Bedroom - Main Floor
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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 N 1303, 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 $389,900 in Ottawa Centre, the legal minimum down payment is $19,495 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 $4,324 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 $4,324.
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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.