Unit 516, 224 Lyon Street N
Ottawa (Ottawa Centre), ON K1R 5V9
GothamSee every listing here- 2Bedrooms
- 1Bathroom
- 1Parking
- 700–799Sq Ft
- $4,795Tax
- $654/moCondo Fee
Estimated Value:$507,693See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 516, 224 Lyon Street N, Ottawa, Ottawa Centre
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About Unit 516, 224 Lyon Street N, Ottawa, Ottawa Centre
Own one of the most unique and impressive outdoor spaces in all of Centretown! Situated in the prestigious Gotham building, this Glasshouse unit isn't just a rare find, it is the only one of its type. Floor to ceiling windows flood the space with natural light and highlight the white-washed hardwood flooring and exposed concrete. Live well with a stylish kitchen that features a gas stove and quartz counters, plus a deluxe bathroom with a stand up shower and separate soaker tub. But the pièce de résistance is a mind-blowing wrap around balcony that nearly DOUBLES your living space in the warmer months. Enjoy your natural gas BBQ on one side of the balcony after an afternoon of gardening on the other. Overlooking both Centretown and downtown, this home is your own paradise in the sky. The convenience of condo living, all with NO side neighbours! Indoor parking, a sizeable storage space, and concierge service are included. Heat, water, gas and building insurance are covered by condo fees. Your only additional monthly cost is hydro (appox. $90/month)! Don't miss your chance to move into the most unique unit in one of the most coveted buildings in Centretown!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,795
- Land Transfer Tax Fee
- $8,473
Condo/Maintenance Fee
- Maintenance Fee
- $654 /month
Included In Maintenance Fee
- Water Included
- Hydro Included
- Building Insurance Included
- Common Elements Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Concierge
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Condo Corp Number
- 987
Construction
- Exposure
- West
- Exterior Finish
- Concrete, Other
- Special Designation
- Unknown
Inclusions
- Inclusions
- refrigerator, stove, dishwasher, microwave/hood fan, washer, and dryer, Garden boxes on the balcony
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Unit
- 1
- Locker Level
- C
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Great Room—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
Washrooms
- 4-piece, Main
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Lyon & Gloucester
- Directions
- Lyon St at Gloucester
- MLS® number
- X12179975
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-05
- Listed on
- 2025-05-28
- Days on market
- 69 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for Unit 516, 224 Lyon Street N, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $599,900
HOMEH Estimate
$507,693
Estimated Sales Range
$401,077 - $614,309
HOMEH Estimate for Unit 516, 224 Lyon Street N, Ottawa, Ottawa Centre
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $99,900 over $500K
$34,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,580 | $16,737 | $14,278 | $0 |
=Total mortgage | $587,086 | $556,647 | $524,193 | $479,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,866monthly | $2,718monthly | $2,559monthly | $2,343monthly |
Land Transfer Tax
$8,473
$8,473
Around this home
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