224 Lyon Street, Unit 1113, 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 brick and concrete construction, this residence presents an exceptional opportunity offered at $294,900 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 with a convenient underground configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Gotham, one of Ottawa's most striking and contemporary condominiums, designed by Lamb Development Corporation. This sophisticated studio suite combines sleek modern finishes with an unbeatable downtown location - perfect for professionals, investors, or anyone seeking a vibrant urban lifestyle. The unit offers a bright open-concept layout with floor-to-ceiling windows, hardwood flooring, and 9ft exposed concrete ceilings that create a modern, loft-inspired aesthetic. Step outside to your private balcony, perfect for relaxing with city views. Residents of Gotham enjoy premium amenities, including 24-hour concierge service, a stylish party room with full kitchen and outdoor terrace, BBQ area, and bike storage. Located in the heart of Centretown, Gotham places you steps from Lyon LRT Station, Parliament Hill, LeBreton Flats, and the Rideau Canal. Enjoy Ottawa's best cafés, restaurants, and shops within walking distance, along with excellent walk, bike, and transit scores. This well-managed building blends architectural style with urban convenience - offering the perfect balance between downtown energy and private retreat. Whether as a first home or investment, this studio delivers modern design, lasting value, and an unbeatable location in the heart of Ottawa. *426sqft + 43 sqft balcony
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Pricing & Value Insights
Data-driven valuation for 224 Lyon Street N 1113, 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 $294,900 in Ottawa Centre, the legal minimum down payment is $14,745 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 $2,899 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 $2,899.
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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.