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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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224 Lyon Street N #204 Ottawa
For SalePrice DropGotham Ottawa in Ottawa Centre

224 Lyon Street N #204 Ottawa, Condo Apartment for Sale

MLS® X14092682

Ottawa, ON

19 days on market
$399,900
Previously $409,900
Show on Map
Show on Map
1Beds
1Baths
650Sqft
1Parking
Pet Friendly
Condo Apartment

Overview· 224 Lyon Street N #204 Ottawa

MLS® #X14092682

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

Inclusions

Fridge (2026) Gas Range, Dishwasher, Oven Range, Stacked Washer and Dryer, Curtains (10Ft), Light Fixtures

Exclusions

NONE

Broker

COMMISSION WISE INC.

Building

Gotham Ottawa

224 Lyon Street N

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Walk Score®99Walker's ParadiseWalker's Paradise
Transit Score®91Rider's ParadiseRider's Paradise
Bike Score®98Biker's ParadiseBiker's Paradise
Schools8110 schools within 1.5 km · nearest 275 m10 schools within 1.5 km · nearest 275 m
Parks9210 parks within 1 km · nearest 127 m10 parks within 1 km · nearest 127 m
Convenience9667 groceries, cafes and pharmacies within 1 km · nearest 115 m67 groceries, cafes and pharmacies within 1 km · nearest 115 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only
Pet Friendly100Pets are Welcome

Highlights & Amenities· 224 Lyon Street N #204 Ottawa

Source: MLS® listing data
Gotham Ottawa

Gotham Ottawa

224 Lyon Street N #204 Ottawa

Ottawa Centre

Type

Condo Apartment

Basement

None

Parking

Underground (1)

Property Tax

~$4,738/yr

Heating

Forced Air

Laundry

In-Suite Laundry

Buying Essentials

Maintenance Fee

$562/mo

Fee Includes

Water · Building Insurance · Parking · Common Elements

Square Feet

650 sqft

Parking

Underground (1)

Locker

None

Finances

List Price

$399,900

Price per SQFT

$615/sqft

Property Tax

~$4,738/yr

Property Specs

Property Type

Condo Apartment

MLS Size

650 sqft

Exposure

South

Outdoor Space

Terrace

Basement

None

Living & Amenities

Laundry

In-Suite Laundry

Heating Type

Forced Air

Features

Wheelchair Access

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Ottawa Centre

Corp #

OCSCC 987

Property Manager

CMG / 613-237-9519

Listed On

Oct 19, 2026

Terraced

Price & Listing History

Days on Market

Current: 19 days

0306090120+

Rooms

Living Room(Main)

9.8 x 12.5

123 sqft

Dining Room(Main)

9.8 x 12.5

123 sqft

Kitchen(Main)

—

Den(Main)

6.8 x 10.1

68 sqft

Bedroom(Main)

9.0 x 10.8

97 sqft

Other(Main)

W/O To Terrace

15.2 x 20.0

303 sqft

Bathroom(Main)

4 Pc Bath

—

RoomsDimensionsFeaturesSqft
Living Room(Main)9.8 x 12.5—123
Dining Room(Main)9.8 x 12.5—123
Kitchen(Main)———
Den(Main)6.8 x 10.1—68
Bedroom(Main)9.0 x 10.8—97
Other(Main)15.2 x 20.0W/O To Terrace303
Bathroom(Main)—4 Pc Bath—

Rooms

7

Listed Room Area

714 sqft

Source

Estimated from MLS room dimensions

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,608/mo
Property Tax$395/mo
Total Monthly$2,003

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0