224 Lyon Street, 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 block construction, this residence presents an exceptional opportunity offered at $295,000 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: Separate Heating Controls, Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience urban sophistication at 224 Lyon Street in the iconic Gotham building, where this meticulously designed studio apartment offers a functional layout that stands out from the rest. The interior features elegant dark hardwood floors and a modern white kitchen equipped with premium stainless steel appliances and sleek quartz countertops, complemented by the convenience of in-suite laundry and a full bathroom with a tub-shower combination. While the separate den is a signature Gotham feature that provides a distinct sleeping area for improved privacy, this specific unit is further distinguished by a patio door that is thoughtfully offset from the wall. This unique architectural detail maximizes usable floor space compared to other models, allowing for additional furniture placement along the exterior wall and a private balcony that enjoys the afternoon sun. Beyond the unit, residents enjoy a huge party room with a sunny south-facing balcony and BBQ area, an on-site concierge for secure package handling, and enhanced peace of mind with secure access featuring an after-hours second security door. This clever use of space and comprehensive building service package make this property a premier choice for those seeking style and spatial efficiency in the heart of the city.
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Interior Features
Separate Heating Controls, Storage Area Lockers
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 224 Lyon Street N 1009, 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 $295,000 in Ottawa Centre, the legal minimum down payment is $14,750 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 $2,900 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 $2,900.
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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.