224 Lyon Street, Unit 11, Ottawa Centre, ON

$449,900
MLS#:X12780338
1 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on March 2, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt 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 $449,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home to The Gotham! One of Centretown's most iconic condo buildings where striking design meets unbeatable urban living. This stylish one bedroom PLUS den home offers true architectural appeal with chic exposed concrete, premium hardwood flooring, and soaring 9-foot ceilings throughout. The open-concept layout is absolutely flooded with natural light thanks to floor-to-ceiling windows in both the living space and bedroom. The sleek kitchen is as functional as it is beautiful, featuring white lacquered cabinetry, a generous island, and high-end KitchenAid appliances, including a gas stove and upgraded microwave/oven combo - a rare find in condo living. Plus, step outside to your northwest-facing balcony, complete with a gas BBQ line and Napoleon BBQ - perfect for warm evenings with a good book and city sunsets. The spacious Primary Bedroom with access to the cheater ensuite (featuring a soaker tub AND glass walk-in shower) offers ample storage space to keep everything neat and organized. Not to mention, the versatile den (perfect for use as a home office space or guest space!) is the cherry on top. Contemporary light fixtures throughout complete the polished aesthetic! Enjoy the convenience of in-suite laundry, UNDERGROUND parking and storage included, along with exceptional building amenities such as bike storage, visitor parking, party room, and impeccably maintained chic common areas. What truly sets this condo apart is the unbeatable location. Walk to Parliament Hill, Downtown offices, Lyon LRT Station, and Ottawa's financial district. Enjoy weekends strolling to Elgin Street, Bank Street, and the ByWard Market, or grab coffee from local favourites, dine at top-rated restaurants, and explore boutique shops just minutes from your door. Nearby green spaces, bike paths, and cultural landmarks make it easy to balance city energy with outdoor living. Modern, walkable, and effortlessly cool - this is downtown living at its best. Come fall in love today!

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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 156 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 1 bed, 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

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 2, 2026
Sold price information is available to members only
Listed Date2/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick, Concrete
BasementNone
CountyOttawa
Annual Tax$4,805.45

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Park, Rec./Commun.Centre

Interior Features

Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers

Security Features

Concierge/Security

Community Features

Virtual Tours

Location

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224 Lyon Street, Unit 11, 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 N 711, 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.

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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$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $449,900 in Ottawa Centre, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.

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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.