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1009 - 224 Lyon Street

1009 - 224 Lyon Street

Ottawa Centre, ON

  • 1 bath
  • approx. 0-499 sqft
  • Condo Apartment
  • 127 days on market
$295,000

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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Listing Details

Taxes (2025)
$3,248
Listed
May 11, 2026

Price History

Property

Style
1 Storey/Apt
Age
11-15
Construction
Concrete Block
Interior
Separate Heating Controls, Storage Area Lockers

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Corner of Lyon and Gloucester
Parcel Number
159870159
Possession
Flexible
Occupancy
Owner

Condo

Maintenance Fee
$374/month
Fee Includes
Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
Exclusive
Balcony
Open

Included

Inclusions
Refrigerator, Stove, Dishwasher, Microwave/Hoodfan, Washer, Dryer, Window Blinds
Exclusions
None
Rental Items
None

Schools

Elementary

  • Centennial Public School0.1 km

    Public · Ottawa-Carleton DSB · 290 students

    Grade 3 reading: 29% met the provincial standard · Grade 6 math: 32% met the provincial standard

  • Richard Pfaff Intermediate School0.7 km

    Public · Ottawa-Carleton DSB

  • École intermédiaire catholique Saint-Jean-Baptiste0.7 km

    French Catholic · CSDC du Centre-Est de l'Ontario

Secondary

  • Urban Aboriginal Alternate High School0.3 km

    Public · Ottawa-Carleton DSB

  • Richard Pfaff Secondary Alternate Site0.7 km

    Public · Ottawa-Carleton DSB · 225 students

  • École secondaire catholique Saint-Jean-Baptiste0.7 km

    French Catholic · CSDC du Centre-Est de l'Ontario

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1R

Population
20,343
Private dwellings
12,836
Median age
36
Average household size
1.7
Median household income
$74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Ottawa Centre · last 12 months

Median sold price
$446,000
Homes sold
374
Median days on market
34
Sale-to-list price
97.0%

Based on 374 recorded sales of residential condo & other properties in Ottawa Centre over the last 12 months.

Rooms

3-piece on Main

Main

  • Bathroom8'2" x 4'11"
  • Den11'10" x 8'10"
  • Great Room19'8" x 5'11"
  • Laundry3'3" x 3'3"

Listed by

RE/MAX HALLMARK REALTY GROUP

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$59,000

Estimated Monthly Payment

$1,449

Land transfer tax

Estimated land transfer tax$2,900

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,449/mo (20% down, 5.5%)

Taxes: $271/mo · Insurance: $74/mo

Maint: $374/mo

Estimates only. Consult a financial advisor.

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