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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 38 days

    Unit 1009 — 224 Lyon Street N

    Ottawa Centre·Ottawa, ON·K1R 0C1·Near Corner of Lyon and Gloucester

    • 1 bath
    Ottawa real estate›X13109750
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Experience urban sophistication at 224 Lyon Street in the iconic Gotham building, where this meticulously designed studio apartment offers a functional layout that stands out from the rest. The interior features elegant dark hardwood floors and a modern white kitchen equipped with premium stainless steel appliances and sleek quartz countertops, complemented by the convenience of in-suite laundry and a full bathroom with a tub-shower combination. While the separate den is a signature Gotham feature that provides a distinct sleeping area for improved privacy, this specific unit is further distinguished by a patio door that is thoughtfully offset from the wall. This unique architectural detail maximizes usable floor space compared to other models, allowing for additional furniture placement along the exterior wall and a private balcony that enjoys the afternoon sun. Beyond the unit, residents enjoy a huge party room with a sunny south-facing balcony and BBQ area, an on-site concierge for secure package handling, and enhanced peace of mind with secure access featuring an after-hours second security door. This clever use of space and comprehensive building service package make this property a premier choice for those seeking style and spatial efficiency in the heart of the city.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 11, 2026ListedCurrentFor sale$295,000 —X13109750This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 1009 — 224 Lyon Street N
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,449
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $271
    1.10% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $724,055
      Last 30 days
    • Median sold price
      $651,470
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      2,898
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 1009 — 224 Lyon Street N — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 1009 — 224 Lyon Street N and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 1009 — 224 Lyon Street N listed for?

      Unit 1009 — 224 Lyon Street N is listed at $295,000 on the MLS® (listing X13109750). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 1009 — 224 Lyon Street N have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 0-499 sqft
  2. Condo Apartment
  3. Built 11-15
  4. Asking
    $295,000
    $591 / sqft · MLS® X13109750
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $724,055
    $666,131Confidence range$781,979
    Asking vs estimate
    ↓below
    −$429,055
    (-59.3%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Ottawa sell in about 29 days — this one has been listed 38 days.

    Avg sold price
    $724,055
    Median sold
    $651,470
    Avg days on market
    29
    Recently sold
    2898
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    • While the separate den is a signature Gotham feature that provides a distinct sleeping area for improved privacy, this specific unit is further distinguished by a patio door that is thoughtfully offset from the wall.
    • This unique architectural detail maximizes usable floor space compared to other models, allowing for additional furniture placement along the exterior wall and a private balcony that enjoys the afternoon sun.
    • This clever use of space and comprehensive building service package make this property a premier choice for those seeking style and spatial efficiency in the heart of the city.
    Ask Zara a follow-up

    Parking & garage

    2
    Garage
    None
    Parking spaces
    0
  6. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    3
    Laundry level
    Main Level
    Elevator
    N
  7. Exterior & construction

    3
    Exterior
    Concrete Block
    Patio
    Open
    Balcony
    Open
  8. Lot & land

    1
    Year built
    11-15
  9. Listing & possession

    4
    Possession
    2026-06-01T00:00:00.000-00:00
    Occupancy
    Highly Flexible
    Property style
    1 Storey/Apt
    Property class
    Condo Apartment
  10. Room-by-room · 4 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    4 rooms
    • Great Room
      19.7 × 5.9 ft
    • Bathroom
      8.2 × 4.9 ft
    • Laundry
      3.3 × 3.3 ft
    • Den
      11.8 × 8.9 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $374
    per month
    Maintenance fee includes
    • Heat
    • Water
    Building details
    • Unit1009
    • Storeys (building)10
    • ExposureNorth West
    • LockerExclusive
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpOCSC
    • Corp #987
    • Property managerCondo Management Group (CMG)
    Combined estimate
    $1,720
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,449
    /mo
    based on the purchase price of $295,000
    $59,000 cash
    $236,000 financed
    $198,774 total interest
    Monthly payment$1,449/ month
    Principal54%$236,000
    Interest46%$198,774

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Ottawa

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 300 Powell Avenue
      Sold
      Sign in for price
      300 Powell Avenue
      Condo Apartment
    • 158A McArthur Avenue
      Sold
      Sign in for price
      158A McArthur Avenue
      Condo Apartment
    • 3580 RIVERGATE Way
      Sold
      Sign in for price
      3580 RIVERGATE Way
      Condo Apartment
    • 2785 Baseline Road
      Sold
      Sign in for price
      2785 Baseline Road
      Condo Apartment
    • 6434 Bilberry Drive
      Sold
      Sign in for price
      6434 Bilberry Drive
      Condo Apartment
    • 180 Boundstone Way
      Sold
      Sign in for price
      180 Boundstone Way
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 1009 — 224 Lyon Street NThis home0 / 1499$295,000ask$591——
    300 Powell Avenue2 / 21,000—
    158A McArthur Avenue2 / 1600—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Ottawa

    Active listings within ±20% of this asking price.

    • 2000 Jasmine Crescent
      $269,000
      2000 Jasmine Crescent
      Condo Apartment 3 2
    • 268 Lorry Greenberg Drive
      $324,400
      268 Lorry Greenberg Drive
      Condo Apartment 2 1
    • 349 Mcleod Street
      $289,900
      349 Mcleod Street
      Condo Apartment 1 1
    • 238 Besserer Street
      $299,900
      238 Besserer Street
      Condo Apartment 1 1
    • 268 Lorry Greenberg Drive
      $324,400
      268 Lorry Greenberg Drive
      Condo Apartment 2 1
    • 1380 Prince Of Wales Drive
      $279,900
      1380 Prince Of Wales Drive
      Condo Apartment 3 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX HALLMARK REALTY GROUP · displayed on Summitly per MLS® data-share rules

    Unit 1009 — 224 Lyon Street N is a 1-bath, 0-499 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was Unit 1009 — 224 Lyon Street N built?

    Unit 1009 — 224 Lyon Street N was built in 11-15. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  16. What is the property tax for Unit 1009 — 224 Lyon Street N?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 1009 — 224 Lyon Street N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on Unit 1009 — 224 Lyon Street N?

    The affordability calculator on this page shows an estimated monthly mortgage for $295,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has Unit 1009 — 224 Lyon Street N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 1009 — 224 Lyon Street N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is Unit 1009 — 224 Lyon Street N in?

    Unit 1009 — 224 Lyon Street N is in Ottawa Centre, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  20. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 3580 RIVERGATE Way
    2 / 2
    1,400
    —
    2785 Baseline Road2 / 2800—
    6434 Bilberry Drive2 / 2800—
    180 Boundstone Way3 / 21,200—