402-224 Lyon Street N, Ottawa Centre, ON

Ottawa Centre , 4102 - Ottawa Centre Hood
Gloucester and Lyon St. North
1 Br | 1 Bath | 500-599 Sqft
$389,000 For Sale

Property Overview

  • Condo Apartment — 1 Storey/Apt
  • SqFt: | 500-599 Sqft
  • Monthly Fee: $438/mo
  • Fee Includes: Heat Included, Building Insurance Included, Water Included
  • Exposure: South
  • Balcony: Open
  • Locker: None
  • Ensuite Laundry: Yes
  • Age: n/a
  • Taxes: 3,590 / 2025
  • MLS #: X12517734
  • Heat Source: Gas , Heat Pump

Property Description

Welcome to Gotham, one of Ottawa's most sought-after buildings in the heart of Centretown! This cozy and bright south-facing condo features exposed concrete walls, high ceilings, and a custom wood slat wall that adds warmth and character to the modern design. The open-concept kitchen is complete with quartz countertops and stainless steel appliances, including a gas stove-perfect for those who love to cook and entertain.

Enjoy the convenience of in-unit laundry, underground parking, and a private balcony with a natural gas hookup for a BBQ. The building offers concierge service, a party room, bike storage, and visitor parking. Perfectly located steps from the new LRT station and within walking distance to Farm Boy, Independent, and the brand-new Food Basics, you'll have everything you need right at your doorstep.

Plus, it's just a short walk to Ottawa's Bluesfest, shops, restaurants, and all of downtown's entertainment. Whether you're a first-time buyer, investor, or professional, this Gotham suite offers the perfect blend of style, comfort, and convenience.

Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Garage door opener

Property Details

  • For: For Sale
  • Type: Condo Apartment
  • Style: 1 Storey/Apt
  • Region: Ottawa
  • Hood: 4102 - Ottawa Centre
  • Pets Allowed: Yes-with Restrictions

Building Details

  • Condo Corp #: 987
  • Association: Queen st
  • Management: CMG
  • Age: n/a
  • Exterior: Brick, Concrete
  • Heat: Gas , Heat Pump
  • A/C: Central Air
  • Total Parking: 1.00
  • Locker: None

Property Interior

  • Sqft: 500-599 Sqft
  • Bed: 1
  • Bath: 1
  • Kitchen: 1
  • Ensuite Laundry: Yes
  • Interior Features: Other
Rooms Details

Bedroom

Main Level

2.47 x 2.5

Living Room

Main Level

6.77 x 3.63

Property Listed by: COMFREE
Virtual Tour: https://my.matterport.com/show/?m=Xbgz1XKqdhc

Home Valuation Estimate

What is 402-224 Lyon Street N, Ottawa Centre, ON worth in today’s 4102 - Ottawa Centre, Ottawa Centre condo market?

This HomeZira valuation preview helps buyers and sellers review the asking price for this 1-bedroom Condo Apartment with 500-599 sq. ft. in 4102 - Ottawa Centre, Ottawa Centre. The full estimate considers the condo’s location, property type, bedroom count, size range, building age, maintenance fee, and nearby comparable market activity after sign-in.

Condo-specific estimate See a valuation range built around this unit’s local condo profile.
Comparable condo context Review how similar nearby condo units help frame market value.
Fee and building factors Consider size, age, bedroom count, parking, locker, and maintenance-fee context.

This listing shows a $438/mo maintenance fee, which can be an important part of condo value comparison because monthly costs affect affordability and buyer demand.

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Location

  • Address: 402-224 Lyon Street N
  • Neighborhood: 4102 - Ottawa Centre
  • Zip/Postal Code: K1R 0C1
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Mortgage Calculator

Mortgage Amount:$0
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*Monthly total = monthlyized mortgage payment + taxes/12 + condo fee.

About 402-224 Lyon Street N, Ottawa Centre

Located at 402-224 Lyon Street N, Ottawa Centre, ON in 4102 - Ottawa Centre (Ottawa Centre), near Gloucester and Lyon St. North, this condo offers a balanced mix of comfort and day-to-day practicality. Inside, you’ll find Condo Apartment · 1 Storey/Apt, 1 bedroom, 1 bathroom and approximately 500-599 sq.ft. of interior space. South exposure for consistent daylight, with an open balcony that extends the living space outdoors. Everyday convenience includes 1 underground parking spot, an owned locker and ensuite laundry: Yes. The condominium budget is straightforward, with monthly fees of $438/mo and coverage for Heat Included, Building Insurance Included, Water Included. The building is TSCC #987 and CMG managing the property. It is currently listed at $389,000. MLS® X12517734.

Condo FAQs for 402-224 Lyon Street N, Ottawa Centre, ON , 4102 - Ottawa Centre , Ottawa Centre

What are the listing details for 402-224 Lyon Street N, Ottawa Centre, ON?
402-224 Lyon Street N, Ottawa Centre, ON is a Condo Apartment for sale in Ottawa Centre, in the 4102 - Ottawa Centre neighbourhood, Ottawa. The current list price is $389,000. MLS number: X12517734.
How many bedrooms and bathrooms does this condo have?
402-224 Lyon Street N, Ottawa Centre, ON is listed as a Condo Apartment with a ["1 Storey\/Apt"] style, featuring 1 bedroom(s) and 1 bathroom(s). The listed interior size range is 500-599 sq. ft..
What is the monthly condo fee for this listing?
The listed monthly maintenance fee is $438/mo. The listing shows the fee includes: ["Heat Included","Building Insurance Included","Water Included"].
What parking, locker, balcony, and exposure details are shown?
Total parking is listed as 1 space(s). Locker is listed as: None. Balcony type is listed as: Open. Exposure is listed as: South. Ensuite laundry is listed as: Yes.
What building or condo corporation details are listed?
Condo corporation number: 987. Property management company: CMG.
Where is this condo located?
402-224 Lyon Street N, Ottawa Centre, ON is located in the 4102 - Ottawa Centre neighbourhood of Ottawa Centre. The listed cross street is Gloucester and Lyon St. North. Annual taxes are listed as $3,590 / 2025. The public listing page shows active listing information only and does not include sold prices in this FAQ.

FAQ content is based on current active condo listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.