404 - 224 LYON STREET, Ottawa

$2,050/mo

For rent: Apartment

Apartment at 404 - 224 LYON STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
699 sqft
MLS®
MLS® X13706516
Neighbourhood
4102 - Ottawa Centre

Welcome to Unit 404 at Gotham, a modern one-bedroom + den condo in the heart of downtown Ottawa. Offering approximately 602 sq. ft., the layout makes smart use of the space with a separate den for a home office, a bedroom tucked behind frosted sliding doors, and an open living area framed by floor-to-ceiling windows. Exposed concrete ceilings and a concrete feature column give the unit its signature loft-inspired look, while light hardwood flooring and white finishes keep it bright. The kitchen features plenty of cabinetry and counter space, stainless-steel appliances, a gas range, built-in microwave and dishwasher. In-suite laundry and a full bathroom with a tub/shower add everyday convenience. Step outside onto the private balcony, complete with a natural gas connection for a BBQ. Gotham offers concierge service, a party/amenity room, outdoor terrace with BBQ and dining space, bike storage and visitor parking. Located close to Lyon LRT Station, Bank Street, groceries, restaurants, cafés, downtown offices and some of Ottawa's best-known attractions, this is an easy home base for downtown living.

Sold data

Apartment homes in Ottawa — recent sold market

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 64, across 393 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.

The median sale price was $389,900.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$389,900
Sale-to-list ratio
97.3%
Sold above asking
5%

Based on 393 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 404 - 224 LYON STREET