224 Lyon Street, Unit 04, Ottawa Centre, ON

$374,900
MLS#:X13240680
1 beds
1 baths
600-699 sqft
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium metal/steel siding and concrete construction, this residence presents an exceptional opportunity offered at $374,900 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 600-699 sqft
  • 0.0 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

Experience urban living at its finest in this stylish 1 bedroom + den condo at, 224 Lyon St, Unit 1104. Bathed in natural light, this south-facing suite features floor-to-ceiling windows with custom blinds, showcasing sweeping city views, and creating a bright, inviting atmosphere throughout. The open-concept living space is anchored by rich hardwood floors, and a sleek, modern kitchen equipped with stainless steel appliances, including a gas stove-a rare luxury for passionate home cooks. The versatile den offers the perfect spot for a home office, reading nook, or guest space. Step out onto your private south-facing balcony and enjoy sun-filled mornings or unwind at the end of the day with stunning skyline vistas. A well-appointed 4-piece bathroom adds comfort and convenience, completing this thoughtfully designed layout. Perfectly located in the heart of downtown, this condo offers effortless access to restaurants, transit, shopping, Parliament Hill and Ottawa's vibrant cultural scene. A perfect pied-a-terre or contemporary retreat with all the right touches, ready for its next owner.

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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 38 days. This property is listed at $374,900 with an estimated mortgage of $1,248* per month. It has 1 bed, 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

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionMetal/Steel Siding, Concrete
BasementNone
CountyOttawa
Annual Tax$3,860.49

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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224 Lyon Street, Unit 04, 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 1104, 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.

Market Trend
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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$112,470 (30.0%)
* Minimum Canadian down payment required for this price is $18,745.
Amortization Period30 Years
Estimated Monthly Payment$1,248Based on a loan of $262,430 over 30 years.
Purchase Price$374,900
Loan Amount$262,430
Provincial Land Transfer Tax:$4,099
Total Estimated Closing Taxes:$4,099

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $374,900 in Ottawa Centre, the legal minimum down payment is $18,745 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 $4,099 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 $4,099.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$626,881

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.