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For saleMLS® X14092682

204 - 224 Lyon Street N, Ottawa Centre, ON K1R 0C1

4102 - Ottawa Centre, Ottawa Centre · Near Gloucester/Lyon · View map

$409,900
1Beds
1Baths
600–699Sq ft
Condo apartmentType
$562/moMaint. fee
Underground · 1 spaceGarage
1 totalParking
$4,738/yrTaxes
Call / Text Will
$409,900
Underground parking1 parking space in total
Private terraceYour own outdoor space
Water includedCovered by the maintenance fee
Central airCool all summer

About this home

Vacant, move-in ready and available with flexible possession. This one-bedroom-plus-den condo at the Gotham offers 676 sq ft of living space, a rare south-facing private terrace of over 400 sq ft per the builder's plan, and an owned heated underground parking space. That combination is hard to find in downtown Ottawa. Built by Lamb Development Corporation, the unit features 10-foot exposed concrete ceilings, floor-to-ceiling windows and engineered hardwood floors. The European-style kitchen has stone countertops and stainless steel appliances, including a gas range. The den works well as a home office or guest space. The spa-inspired bathroom has porcelain finishes. In-unit laundry and an individually controlled heat pump for heating and cooling add everyday comfort. Hot water and gas for the stove are included in the condo fees. The terrace gets sun all day and has a gas BBQ hookup, making it a true outdoor room for entertaining. You are steps from Lyon Station, federal government offices and Parliament Hill, with Centretown's restaurants and shops at your door. Walking to work saves time every day. Strong downtown rental demand also makes this a solid choice for investors. Building amenities include concierge service, a party room, secure fob access and fibre optic internet. Select photos are virtually staged

The home

Type
Condo apartment
Style
1 Storey/Apt
Square footage
600-699 sq ft
Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Basement
None
Faces
South
Level
2
Balcony
Terrace
Laundry
In-Suite Laundry

Ownership & fees

Ownership
Condominium
Maintenance fee
$562.00/mo
Fee includes
Water, Building Insurance, Parking, Common Elements
Complex
Gotham Ottawa
Property management
CMG / 613-237-9519
Pets
Allowed, with restrictions
Security
Concierge/Security
Exterior
Concrete, Brick

Heating & cooling

Heating fuel
Electric
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Garage
Underground
Garage spaces
1
Total parking
1
Parking features
Underground

Taxes & other

Property taxes
$4,738/yr
Tax year
2026
Occupancy
Vacant
Possession
TBA / Immediate
Cross street
Gloucester/Lyon
Neighbourhood
4102 - Ottawa Centre

More

Price per sq ft
~$631 (at 650 sq ft)
MLS® number
X14092682

The home and its surroundings

  • Wheelchair Access
  • Terraced

Included in the maintenance fee

  • Water
  • Building Insurance
  • Parking
  • Common Elements
Want to know something that isn’t listed?
Estimated monthly cost$2,610per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    224 Lyon Street, Ottawa Centre, ON K1R 0C1

    4102 - Ottawa Centre, Ottawa Centre · Near Gloucester/Lyon

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    Sold history

    Listing history for 224 Lyon Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 204 - 224 Lyon Street N

    Answers come straight from this home’s MLS® listing.

    How much is 204 - 224 Lyon Street N listed for, and what would it cost each month?

    204 - 224 Lyon Street N is listed for $409,900. With 20% down ($81,980), the mortgage payment would be roughly $1,653 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,610 a month, all in. That figure is an illustration, not a quote.

    Is 204 - 224 Lyon Street N freehold or a condo, and is there a monthly fee?

    204 - 224 Lyon Street N is a condo apartment in 4102 - Ottawa Centre, Ottawa Centre. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $562.00 a month. The listing says it covers water, building insurance, parking, common elements. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 204 - 224 Lyon Street N have?

    204 - 224 Lyon Street N has 1 bedroom and 1 bathroom. The listing gives the style as 1 storey/apt.

    Does 204 - 224 Lyon Street N have a garage and parking?

    Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.

    Does 204 - 224 Lyon Street N have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 204 - 224 Lyon Street N?

    204 - 224 Lyon Street N is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.

    How big is 204 - 224 Lyon Street N?

    The listing puts the home between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 204 - 224 Lyon Street N heated and cooled?

    Heating is forced air (electric). Cooling is central air.

    What are the property taxes for 204 - 224 Lyon Street N?

    Property taxes are $4,738 a year (2026), or about $395 a month.

    Are pets allowed at 204 - 224 Lyon Street N?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 204 - 224 Lyon Street N?

    204 - 224 Lyon Street N is in the 4102 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Gloucester/Lyon. The postal code is K1R 0C1.

    Is 204 - 224 Lyon Street N still for sale?

    Yes. It is an active listing (MLS® X14092682). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 204 - 224 Lyon Street N asking?

    Similar condos for sale nearby right now include 411 - 224 Lyon Street N at $409,000 (1 bed), 402 - 224 Lyon Street N at $374,000 (1 bed) and 1009 - 224 Lyon Street N at $295,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 224 Lyon Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 204 - 224 Lyon Street N?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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