320 Lyon Street, Ottawa Centre, ON
Property no longer active
This property was sold on May 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $849,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 28.12 x 113.25 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient other configuration
- Notable attributes: Separate Hydro Meter
- equipped with central air central cooling and highly efficient baseboard heating via gas
Description
Fantastic investment opportunity in Centre Town! This solid charming duplex has been extremely well maintained with many renovations and upgrades over the last years: sloped roof (2005), back roof (2004) and flat roof (2021), windows & doors (2012), furnace (2005), front porch (2009), ductless A/C (2017), sewer pipes (2023), parging (2021), front steps (2021), retaining wall (2017) and much more. The upper two level unit boasts a large 2 bedroom apartment, 1 bathroom, living room, dining room, kitchen and a cozy balcony and is rented for $2,750 per month (all inclusive). Main floor unit has high ceilings, baseboards, refined crown moldings and heritage detailing and features a 2 bedroom apartment, 1 bath, living room, eat in kitchen with laundry and storage in the basement and is rented for $2,100 per month (all inclusive). Each unit has hardwood floors and separate laundry. FOUR parking spaces! 2 hydro meters, 2 hot water tanks. Convenient location in the heart of Centretown, close to public transit, parks and shopping and many more amenities. Book your private showing today! Upper level photos are prior to existing tenancy.
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Property Summary
This duplex located at 320 Lyon Street, Ottawa Centre is currently for sale and has been available on SousaSells for 439 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 320 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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Separate Hydro Meter
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 320 Lyon Street N, Ottawa Centre, ON K1R 5W6
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 $849,900 in Ottawa Centre, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.
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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.