224 LYON Street, 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 concrete construction, this residence presents an exceptional opportunity offered at $548,000 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.
- 2 Bedrooms and 1 Bathroom
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
- Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient underground configuration
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover urban elegance in this 2-bedroom condo at the highly sought-after Gotham. Boasting modern design and high-end finishes, this unit features an open-concept living area with floor-to-ceiling windows. Enjoy stunning, unobstructed views from three sides—North, East, and South—making this a rare find. The stylish kitchen comes equipped with stainless steel appliances and quartz countertops. The versatile, open layout offers 2 bedrooms or option for home office. Relax in the sun on the large, south-facing balcony (w gas line for BBQ). This architectural icon sits in the heart of vibrant Centretown, surrounded by local restaurants, cafes, & shopping. 2 blocks from the Lyon LRT station., Flooring: Hardwood
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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 714 days. This property is listed at $548,000 with an estimated mortgage of $1,824* per month. It has 2 beds, 1 bathroom, and is unknown 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 616, 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 $548,000 in Ottawa Centre, the legal minimum down payment is $29,800 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 $7,435 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 $7,435.
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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.