224 Lyon Street, Unit 516, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $599,900 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Own one of the most unique and impressive outdoor spaces in all of Centretown! Situated in the prestigious Gotham building, this Glasshouse unit isn't just a rare find, it is the only one of its type. Floor to ceiling windows flood the space with natural light and highlight the white-washed hardwood flooring and exposed concrete. Live well with a stylish kitchen that features a gas stove and quartz counters, plus a deluxe bathroom with a stand up shower and separate soaker tub. But the pièce de résistance is a mind-blowing wrap around balcony that nearly DOUBLES your living space in the warmer months. Enjoy your natural gas BBQ on one side of the balcony after an afternoon of gardening on the other. Overlooking both Centretown and downtown, this home is your own paradise in the sky. The convenience of condo living, all with NO side neighbours! Indoor parking, a sizeable storage space, and concierge service are included. Heat, water, gas and building insurance are covered by condo fees. Your only additional monthly cost is hydro (appox. $90/month)! Don't miss your chance to move into the most unique unit in one of the most coveted buildings in Centretown!
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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 414 days. This property is listed at $599,900 with an estimated mortgage of $1,997* 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 224 Lyon Street N 516, 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 $599,900 in Ottawa Centre, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.