For sale

This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Ottawa · Ottawa Centre

224 Lyon Street N, Unit 204

Condo Apartment

MLS® #X14092682

Listed for$409,9002 days on market

1 bed 1 bath 1 parking 600-699 sq ft~$631/sq ft

New this week
Transit stop ~235.2 km

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Is $409,900 a fair price?

Our read: it’s priced above recent comparable sales — based on 32 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 32 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$2,864/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~235.18 km

Property information

What condo buyers ask first

Maintenance fee: $562 / month
Fee includes: Water · Parking
Square footage: 600-699 sq ft
Parking: 1 space · Underground
Locker: None
Exposure: South
Balcony: Terrace
Property tax: $4,738 / yr
Building: 2-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: 1 Storey/Apt
Parking: 1 space · Underground
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Concrete, Brick
Property tax: $4,738 / yr
MLS®: X14092682

Room dimensions

OtherW/O To Terrace

Main4.62 × 6.1 m

Living Room

Main3.0 × 3.8 m

Dining Room

Main3.0 × 3.8 m

Den

Main2.06 × 3.07 m

Bedroom

Main2.74 × 3.3 m

Bathroom4 Pc Bath

Main0.0 × 0.0 m

Kitchen

Main0.0 × 0.0 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$384,900

Below recent sales

470 Laurier Avenue W, Unit 1004

2 bed · 2 bath·900-999 sq ft·1 parking·$823/mo fee

Ottawa

Listed 6 days ago · Royal LePage Integrity Realty

Listing states: renovated

Condo Apartment

$369,900

Below recent sales

445 Laurier Avenue W, Unit 302

1 bed · 1 bath·700-799 sq ft·1 parking·$800/mo fee

Ottawa

Listed 5 days ago · RE/MAX Hallmark Realty Group

Condo Apartment

$249,900

Below recent sales

475 Laurier Avenue W, Unit 606

1 bed · 1 bath·500-599 sq ft·$586/mo fee

Ottawa

Listed 4 days ago · Engel & Volkers Ottawa

Condo Apartment

$699,000

Below recent sales

556 Laurier Avenue W, Unit 2003

3+1 bed · 3 bath·1400-1599 sq ft·1 parking·$1,265/mo fee

Ottawa

Listed 2 days ago · Revel Realty Inc.

Listing states: renovated

Condo Apartment

$375,000

Below recent sales

570 Laurier Avenue W, Unit 1606

1 bed · 1 bath·700-799 sq ft·1 parking·$722/mo fee

Ottawa

Listed 6 days ago · RE/MAX Hallmark Lafontaine Realty

Condo Apartment

$425,000

Above recent sales

224 Lyon Street N, Unit 411

1 bed · 1 bath·700-799 sq ft·1 parking·$622/mo fee

Ottawa

Listed 5 days ago · RE/MAX Hallmark Realty Group

The numbers that matter

Maintenance fee: $562/mo
Property tax: $4,738/yr
Est. all-in: ~$2,864/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~235.2 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$625KMedian sold

32Median days on market

98.2%Sale-to-list

Median sold price · Ottawa1-yr -2% · 3-yr +5%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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 data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by COMMISSION WISE INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.