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1009 - 224 Lyon Street N
4102 - Ottawa Centre, Ottawa Centre
$295,000
Open House: Sunday October 18 - 2:00-4:00pm. Experience the pinnacle of downtown living at 224 Lyon Street in the iconic Gotham building. Whether you are a first-time buyer stepping into the market, a busy professional seeking to eliminate commute times during the workweek or looking for the ideal weekend lock-and-leave pied-a-terre, this meticulously designed space offers a lifestyle that works for everyone. The layout features a signature separate den for a distinct and private sleeping area, setting it apart from standard studios. Clever architectural design shines with a thoughtfully offset patio door that maximizes usable floor space, allowing for flexible furniture arrangements along the exterior wall and seamless access to a private balcony boasting warm afternoon sun. The interior features elegant dark hardwood floors and a sleek modern white kitchen equipped with premium stainless steel appliances and quartz countertops, complemented by in-suite laundry and a full bathroom. Residents benefit from premium building amenities including on-site concierge service for package handling, enhanced security with an after-hours second security door and a spacious party room featuring a sunny south-facing balcony with a BBQ area. Embrace an effortless urban lifestyle where you can walk to work, enjoy weeknights downtown and hit the road with ease on the weekends.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 11-15 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $374 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | North West |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $3,248 |
| mls© Number | X14030620 |
| Listed By | RE/MAX HALLMARK REALTY GROUP |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,510
- Property tax
- $271
- Heat allowance
- $150
- Condo fees, half counted
- $187
- Housing costs
- $2,118 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$65,000
gross annual household income
- Payment at 4%
- $1,241 / mo
- Cash down
- $59,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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