$279,900
For sale: Apartment

Soaring above the downtown skyline, Unit 1613 at 224 Lyon offers stylish urban living in an unbeatable location! Ideal for professionals, students, or first-time buyers, this chic studio apartment offers low condo fees, maintenance-free living, and everything downtown Ottawa has to offer just steps away. The bright open-concept layout features exposed concrete walls, modern plank flooring, recessed pot lighting, and floor-to-ceiling windows. The premium kitchen offers rich brown cabinetry, tiled backsplash, quartz countertops, and includes the stainless steel appliances: gas stove, refrigerator, dishwasher, and microwave/hood fan. The 4pc modern bathroom features tile flooring, tub/shower combination with tiled surround, and vanity with quartz counters. In-suite laundry, owned storage locker, and private balcony complete the space. Building amenities include concierge, bicycle room, party room, and elevators. Walk to restaurants, shopping, entertainment, businesses, parks, recreation, and transit. A fantastic opportunity to own a stylish downtown studio in the heart of it all! 24 hours irrevocable.
Sold data
Apartment homes in Ottawa took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 63, across 372 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $399,450.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 372 recorded sales in the last 90 days. 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.
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