45.4160° N · 75.7028° W — Ottawa Centre, Ottawa — MLS® #X14088038
411-224 Lyon St
$409,000
Ottawa Centre, Ottawa, Ontario K1R 0C1
- 1
- BedroomsBeds
- 1
- BathroomsBaths
- 700-799 sqft700-799
- SizeSq ft
Inquire about this listing
In short · from the listing record
411-224 Lyon St is a 1-bedroom, 1-bathroom condo in Ottawa Centre, Ottawa, listed for sale at an asking price of $409,000 (MLS® X14088038).
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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
66Fair
Condition score
4 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
29Shortfall
Cash flow quality
−$901/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 40 condos with 1 bedroom for lease in Ottawa Centre right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $4,955 / 2026
- MLS® number
- X14088038
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Listing activity for 411-224 Lyon St, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $409,000 | N/A | Pc | X14088038 |
Inside
Room by room
From the listing.
- Kitchen3.22 × 3.96 m
- Living3.43 × 3.83 m
- Dining3.43 × 2.95 m
- Primary2.74 × 3.35 m
- Den2.01 × 3.02 m
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Ottawa Centre
- Municipality
- Ottawa
Building
- Size
- 700-799 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Lyon | OC Transpo light rail: O-Train Line 1 | 300 m |
| Parliament | OC Transpo light rail: O-Train Line 1 | 650 m |
| Pimisi | OC Transpo light rail: O-Train Line 1 | 850 m |
| Rideau | OC Transpo light rail: O-Train Line 1 | 1.4 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 3.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Around it
Condo Apt in Ottawa Centre
Active listings only, today.
Condos for sale in Ottawa Centre right now
- For sale now
- 129
- Median asking price
- $415K
- New in 7 days
- 12
- Price cuts
- 26%
Middle half: $345K to $545K
41 in 28 days
33 listings
This home is asking 1% below the median.
See all homes in Ottawa CentreAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Rideau Valley Conservation Authority’s mapped regulated area
- floodNone in rangeNot in the municipality’s mapped flood area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 210 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 6.3 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 1 test or monitoring hole also recorded.
- npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 710 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiOn record36 federal contaminated sites within 1 km 16 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
- electricityOn recordElectricity is distributed here by Hydro Ottawa Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 30 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Rideau Valley Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Land transfer tax on this home
- Ontario land transfer tax
- $4,655
- Total land transfer tax
- $4,655
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $655
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $409,000
- $180
- Ontario total
- $4,655
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Centennial Public SchoolOttawa-Carleton DSBPublic · grades JK–8 · French Immersion64%Grade 6 average150 m
- Cambridge Street Community Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion54%Grade 6 average900 m
- St Anthony Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion86%Grade 3 average1.2 km
- École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–8100%Grade 6 average1.9 km
SecondaryGrade 9 math 2024–25
- Urban Aboriginal Alternate High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion—300 m
- Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion—700 m
- École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–12—700 m
- Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion55%Grade 9 math1.9 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$2,901
- Mortgage$1,866
- Property tax$413
- Condo or maintenance fee$622
A planning figure, not a quote.
Land transfer tax
$4,655
$655 for first-time buyers.
Rent, similar homes
$2,000
a month, median asking rent of 40 similar homes in Ottawa Centre.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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