$295,000
For sale: Apartment

Open House: Sunday October 18 - 2:00-4:00pm. Experience the pinnacle of downtown living at 224 Lyon Street in the iconic Gotham building. Whether you are a first-time buyer stepping into the market, a busy professional seeking to eliminate commute times during the workweek or looking for the ideal weekend lock-and-leave pied-a-terre, this meticulously designed space offers a lifestyle that works for everyone. The layout features a signature separate den for a distinct and private sleeping area, setting it apart from standard studios. Clever architectural design shines with a thoughtfully offset patio door that maximizes usable floor space, allowing for flexible furniture arrangements along the exterior wall and seamless access to a private balcony boasting warm afternoon sun. The interior features elegant dark hardwood floors and a sleek modern white kitchen equipped with premium stainless steel appliances and quartz countertops, complemented by in-suite laundry and a full bathroom. Residents benefit from premium building amenities including on-site concierge service for package handling, enhanced security with an after-hours second security door and a spacious party room featuring a sunny south-facing balcony with a BBQ area. Embrace an effortless urban lifestyle where you can walk to work, enjoy weeknights downtown and hit the road with ease on the weekends.
Sold data
Homes in Ottawa Centre took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 51, across 80 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $427,450.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 80 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$299,000
Apartment304 - 234 RIDEAU STREET, 4003 - Sandy Hill, Ottawa

$299,999
Apartment601 - 222 GUIGUES AVENUE, 4001 - Lower Town/Byward Market, Ottawa

$275,000
Apartment709 - 35 HOLLAND AVENUE, 4302 - Ottawa West, Ottawa

$269,900
Apartment1905 - 130 BESSERER STREET, 4003 - Sandy Hill, Ottawa

$315,000
Apartment4 - 10 CLARENCE STREET, 4001 - Lower Town/Byward Market, Ottawa

$312,900
Apartment214 - 238 BESSERER STREET, 4003 - Sandy Hill, Ottawa

$346,000
Apartment606 - 180 GEORGE STREET, 4001 - Lower Town/Byward Market, Ottawa

$315,000
Apartment1009 - 105 CHAMPAGNE AVENUE S, 4502 - West Centre Town, Ottawa