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402 - 224 Lyon Street

402 - 224 Lyon Street

Ottawa Centre, ON

  • 1 bed
  • 1 bath
  • approx. 500-599 sqft
  • Condo Apartment
  • 67 days on market
$384,000

Welcome to Gotham, one of Ottawa's most sought-after buildings in the heart of Centretown! This cozy and bright south-facing condo features exposed concrete walls, high ceilings, and a custom wood slat wall that adds warmth and character to the modern design. The open-concept kitchen is complete with quartz countertops and stainless steel appliances, including a gas stove-perfect for those who love to cook and entertain. Enjoy the convenience of in-unit laundry, underground parking, and a private balcony with a natural gas hookup for a BBQ. The building offers concierge service, a party room, bike storage, and visitor parking. Perfectly located steps from the new LRT station and within walking distance to Farm Boy, Independent, and the brand-new Food Basics, you'll have everything you need right at your doorstep. Plus, it's just a short walk to Ottawa's Bluesfest, shops, restaurants, and all of downtown's entertainment. Whether you're a first-time buyer, investor, or professional, this Gotham suite offers the perfect blend of style, comfort, and convenience

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Listing Details

Taxes (2025)
$3,590
Listed
July 6, 2026

Price History

Listing history

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Property

Style
1 Storey/Apt
Construction
Brick, Concrete
Interior
Other

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Gloucester and Lyon St. North
Parcel Number
159870056
Possession
Flexible
Occupancy
Owner

Condo

Maintenance Fee
$438/month
Fee Includes
Heat Included, Building Insurance Included, Water Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Bike Storage, Elevator, Visitor Parking

Included

Inclusions
Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Garage door opener

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
$450,000
Homes sold
371
Median days on market
32
Sale-to-list price
97.1%

Based on 371 recorded sales of residential condo & other properties in Ottawa Centre over the last 12 months.

Rooms

3-piece

Main

  • Bedroom8'1" x 8'2"
  • Living Room22'3" x 11'11"

Listed by

COMFREE

Walk Score

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Mortgage Calculator

$76,800

Estimated Monthly Payment

$1,886

Land transfer tax

Estimated land transfer tax$4,235

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: $1,886/mo (20% down, 5.5%)

Taxes: $299/mo · Insurance: $96/mo

Maint: $438/mo

Estimates only. Consult a financial advisor.

R

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