Listed for:Listed 3 days ago
$879,999

322 Lyon Street N

Ottawa (Ottawa Centre), ON K1R 5W6

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 322 Lyon Street N, Ottawa, Ottawa Centre

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 322 Lyon Street N, Ottawa, Ottawa Centre

Summarized Description

  • Legal duplex with strong rental income potential.
  • Main unit features cathedral ceilings and skylights.
  • Includes a separate 1-bedroom apartment.
  • Smart-home upgrades enhance convenience and security.
  • Three parking spaces offer flexibility for tenants.
  • Recent major improvements ensure property longevity.
  • Hardwood floors and sunroom add to aesthetic appeal.

*** Additional Listing Details - Click Brochure Link *** Offset Your Mortgage With $1,750/month In Existing Rental Income. This Legal Centretown Duplex Features A 2-bedroom, 3-bathroom Main Residence And A Separate 1-bedroom Apartment. The Main Unit Has An Estimated Market Rent Of $3,500/month, Offering Potential Combined Gross Rental Income Of $5,250/month. The Main Home Features Cathedral Ceilings, Skylights, Hardwood Floors, A Sunroom And Home Office Space. Major Improvements Include Roof And Skylight Replacement (2019), Extensive Masonry Repointing (2024 And 2025), And A Three-Head Ductless Heat Pump (2026). Smart-Home Upgrades Include A Connected Thermostat, Security Cameras, Smart Lighting And Locks. Three Parking Spaces Provide Additional Flexibility And Potential Rental Income.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,778
Land Transfer Tax Fee
$14,075

Basement Type
Unfinished

Interior Features

Interior Extras
Built-In Oven, Separate Heating Controls, Storage, Water Heater Owned, Workbench, In-Law Capability
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
28.12 ft
Lot Depth
112.25 ft

Inclusions

Inclusions
Existing Kitchen Appliances, 2 Washers, 2 Dryers, Light Fixtures, BBQ, TV Bracket, Security Camera System, Lutron System

Exclusions

Exclusions
Bell Internet Modem. All Personal Belongings, Furniture And Decorative Items Unless Specifically Included

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
4
Kitchens
2

Washrooms

  • 2-piece, Second
  • 3-piece, Third
  • 4-piece, Main

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
Somerset
Directions
Somerset

MLS® number
X14091230
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-17
Updated on
2026-10-18
Days on market
3 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
ROBIN HOOD REALTY LIMITED

Home Market Value

Current home valuation for 322 Lyon Street N, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $879,999

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 322 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

$
Ottawa, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $379,999 over $500K

Minimum down payment

$63,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$32,666$24,552$20,944$0
=Total mortgage
$849,305$816,551$768,943$703,999
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,147monthly$3,987monthly$3,754monthly$3,437monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$14,075

Total Land Transfer Tax

$14,075

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