Condo for sale at 307-224 Lyon Street, Ottawa, Ontario, K1R 5V9 - Ottawa Centre - MLS: X13064678

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307-224 Lyon Street

Ottawa, Ontario, K1R 5V9 - Ottawa Centre

$549,900

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Neighbourhood

Ottawa Centre
Major Intersection

Lyon St and Gloucester St

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

900-999
Exposure

South
Total Parking

1 Underground Garage
Maintenance

$700
Taxes

$5,167.60 (2026)
Balcony

Open

Property Description

Property description for 307-224 Lyon Street, Ottawa

Experience elevated urban living at Gotham Ottawa, where bold design meets everyday comfort in the heart of the city. This striking 2-bedroom, 2-bath loft-style suite offers 922 sq. ft. of open-concept living, defined by soaring ceilings, exposed concrete ceilings & walls, and rich hardwood floors that deliver a true modern-industrial aesthetic. Floor-to-ceiling windows flood the space with natural light, while the expansive south-facing balcony, complete with a natural gas hookup, extends your living area outdoors for effortless, year-round enjoyment. The sleek, contemporary kitchen is designed to impress, featuring quartz countertops, stainless steel appliances, a gas range, and a peninsula with ample cabinetry and workspace, perfect for both everyday living and hosting. Rich, modern black cabinetry is beautifully complemented by a timeless oversized subway tile backsplash. Retreat to the spacious primary bedroom, complete with a two-sided fireplace (turn on privacy glass when desired), generous closet space, and a spa-inspired 5-piece ensuite with a deep soaker tub and glass walk-in shower. The second bedroom is smartly designed with a custom Murphy bed, integrated desk, and storage-ideal for guests or a stylish home office. Residents enjoy premium amenities including concierge service, secure key fob access, bicycle parking, a well-appointed party room with terrace, car wash station, and ample visitor parking. Step outside and you're moments from everything-Lyon LRT Station, Parliament Hill, and the vibrant neighbourhoods of Centretown, Little Italy, Hintonburg, Chinatown, and LeBreton Flats. Parks, cafés, restaurants, shopping, and even a nearby dog park are all within a short walk, offering the ultimate in convenience and lifestyle. With heat, water, gas, and building insurance included in the condo fees, plus pet-friendly living and a ground-floor storage locker, this is downtown Ottawa living at its most stylish and effortless. Don't miss out on this beauty!

Listed by ROYAL LEPAGE TEAM REALTY

Property details

MLS #

X13064678
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City
Garage

Underground, 1 spaces
Parking Type

Rental
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Bbqs Allowed,Concierge,Elevator,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Heat, Water
Property Management

Condominium Management Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X13064678
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City
Garage

Underground, 1 spaces
Parking Type

Rental
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Bbqs Allowed,Concierge,Elevator,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Heat, Water
Property Management

Condominium Management Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

4.0 x 3.65 ft Main level

hardwood floor, 2 Way Fireplace, W/O To Balcony
Kitchen

4.0 x 2.59 ft Main level

hardwood floor, Centre Island, Ceramic Back Splash
Dining

4.0 x 3.0 ft Main level

hardwood floor, Open Concept
2nd Br

2.96 x 3.57 ft Main level

hardwood floor, Murphy Bed
Primary

3.38 x 3.57 ft Main level

hardwood floor, 5 Pc Ensuite, 2 Way Fireplace
Bathroom

2.64 x 2.13 ft Main level

Ceramic Floor, 4 Pc Bath
Bathroom

2.32 x 4.16 ft Main level

5 Pc Ensuite, Ceramic Floor, Separate Shower
Locker

1.2 x 1.82 ft Ground level
Laundry

0.9 x 0.9 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Ottawa Centre

Active listings

152

Average Selling Price of a Condo Apt

March 2026

$465,800

Last 3 Months

$484,914

Last 12 Months

$460,657

March 2025

$437,083

Last 3 Months LY

$447,562

Last 12 Months LY

$453,067

Change

Historical Average Selling Price of a Condo Apt in Ottawa Centre

Average Selling Price

3 years ago

$427,588

Average Selling Price

5 years ago

$484,913

Average Selling Price

10 years ago

$319,300

Change

-4%

Change

46%

Number of Condo Apt Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

21%

Change

-26%

Change

-4%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-2%

Change

16%

Change

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.