411 - 224 LYON STREET N, Ottawa

$425,000

For sale: Apartment

Apartment at 411 - 224 LYON STREET N, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
799 sqft
MLS®
MLS® X14088038
Neighbourhood
4102 - Ottawa Centre

Experience downtown living at its best in the sought-after Gotham building at 224 Lyon Street. This stylish 751 sq.ft. 1-bedroom + den suite combines industrial-inspired architecture with contemporary design, featuring 10' ceilings, exposed concrete ceilings and feature walls, engineered hardwood flooring, and floor-to-ceiling windows. The designer kitchen offers gloss white cabinetry and quartz countertops, while the modern bathroom features linear tile flooring, a separate shower with custom glass door, and a deep soaker tub. A frosted glass sliding door provides privacy to the bedroom, while the versatile den with concrete accent wall is ideal for a home office or creative workspace. Enjoy a full-length balcony with glass guardrail and gas BBQ hookup, plus the convenience of in-unit laundry, and owned indoor parking! Perfectly positioned for a true live/work downtown lifestyle, you're just minutes from Parliament Hill, the ByWard Market, Elgin Street, Bank Street, Lebreton Flats, the Rideau Canal, restaurants, cafés, shops, transit, and Ottawa's business and government districts. Leave the car behind and enjoy everything downtown Ottawa has to offer right outside your door.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 60, across 324 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $399,900.

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

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$399,900
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 324 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 411 - 224 LYON STREET N