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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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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 Listed 4 days ago

    Unit 1405 — 224 Lyon Street

    Ottawa Centre·Ottawa, ON··

    • 1 bed
    Ottawa real estate›X13586650
    • 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

    Welcome to The Gotham, one of downtown Ottawa's most sought-after condominium residences. Stylish, sophisticated, and exceptionally located, this modern building places you in the heart of the city. Enjoy easy access to the ByWard Market, Chinatown, Little Italy, and Parliament Hill, all just minutes away. With a Walk Score of 92 and public transit only a block away, this is the perfect home for anyone seeking an urban lifestyle.The Gotham is a professionally managed building with a dedicated concierge and management team committed to providing residents with outstanding service. Perched on the 14th floor, this bright and inviting 1 bedroom condo features expansive floor-to-ceiling windows that showcase breathtaking, unobstructed south-facing views of Ottawa. The thoughtfully designed open-concept layout includes one spacious bedroom, a contemporary bathroom with a glass-tiled shower, a bright living area, and a private and large balcony-the perfect place to relax and take in the city skyline.The designer kitchen is both sleek and functional, featuring high-gloss black cabinetry, low-maintenance quartz countertops, stainless steel appliances, and a full-size gas stove that's ideal for those who love to cook. Large-format hardwood flooring runs throughout the living spaces, complemented by ceramic tile in the bathroom for a clean, modern finish.This condo is clean, modern, and efficiently designed, offering spectacular views and an unbeatable downtown location. If you're looking for a stylish home in the heart of Ottawa, this could be the perfect place for you. Also Included: futon, TV Stand and a coffee table. Book your viewing today! Available September 1st, 2026

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

    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
    Jul 20, 2026ListedCurrentFor sale$1,750 —X13586650This page
    Aug 19, 2025SoldSold$1,800 unchangedX12348682View
    Aug 16, 2025Previously listedLsd$1,800 —X12348682View
    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
      Heat Pump
      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 1405 — 224 Lyon Street
    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
    $9
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1
    0.66% 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
      $720,527
      Last 30 days
    • Median sold price
      $649,766
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      3,019
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 1405 — 224 Lyon Street — 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 1405 — 224 Lyon Street 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 1405 — 224 Lyon Street listed for?

      Unit 1405 — 224 Lyon Street is listed at $1,750 on the MLS® (listing X13586650). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 1405 — 224 Lyon Street 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. 1 bath
  2. 0-499 sqft
  3. Condo Apartment
  4. Asking
    $1,750
    $4 / sqft · MLS® X13586650
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $439,521
    $404,360Confidence range$474,683
    Asking vs estimate
    ↓below
    −$437,771
    (-99.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Ottawa sell in about 30 days — this one has been listed 4 days.

    Avg sold price
    $720,527
    Median sold
    $649,766
    Avg days on market
    30
    Recently sold
    3019
    See comparable sales
    AI highlights by Zara
    • Welcome to The Gotham, one of downtown Ottawa's most sought-after condominium residences.
    • Stylish, sophisticated, and exceptionally located, this modern building places you in the heart of the city.
    • Perched on the 14th floor, this bright and inviting 1 bedroom condo features expansive floor-to-ceiling windows that showcase breathtaking, unobstructed south-facing views of Ottawa.
    • Book your viewing today!
    Ask Zara a follow-up

    Parking & garage

    2
    Garage
    None
    Parking spaces
    0
  6. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
    Furnished
    Unfurnished
  7. Exterior & construction

    3
    Exterior
    Concrete
    Patio
    Open
    Balcony
    Open
  8. Listing & possession

    3
    Possession
    2026-09-01T00:00:00.000-00:00
    Property style
    Apartment
    Property class
    Condo Apartment
  9. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Other
      Balcony
      9.6 × 5.5 ft
    • Kitchen
      10.0 × 9.1 ft
    • Bathroom
    • Foyer
    • Living Room
      10.0 × 9.6 ft
    • Laundry
    • Bedroom
      8.3 × 7.0 ft
    Combined estimate
    $10
    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
    $9
    /mo
    based on the purchase price of $1,750
    $350 cash
    $1,400 financed
    $1,179 total interest
    Monthly payment$9/ month
    Principal54%$1,400
    Interest46%$1,179

    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.

    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.

    • 1440 Heron Road
      Sold
      Sign in for price
      1440 Heron Road
      Condo Apartment
    • 669 Sue Holloway Drive
      Sold
      Sign in for price
      669 Sue Holloway Drive
      Condo Apartment
    • 300 LISGAR Street
      Sold
      Sign in for price
      300 LISGAR Street
      Condo Apartment
    • 429 Somerset Street
      Sold
      Sign in for price
      429 Somerset Street
      Condo Apartment
    • 300 C Lett Street
      Sold
      Sign in for price
      300 C Lett Street
      Condo Apartment
    • 95 Bronson Avenue
      Sold
      Sign in for price
      95 Bronson Avenue
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 1405 — 224 Lyon StreetThis home1 / 1499$1,750ask$4——
    1440 Heron Road2 / 2800—
    669 Sue Holloway Drive2 / 21,200—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    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.

  10. One team, no handoffs

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

  11. Showings on YOUR schedule

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

  12. Mortgage that closes

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

  13. Public listing courtesy of ROYAL LEPAGE TEAM REALTY · displayed on Summitly per MLS® data-share rules

    Unit 1405 — 224 Lyon Street is a 1-bedroom, 1-bath, 0-499 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was Unit 1405 — 224 Lyon Street built?

    The year built for Unit 1405 — 224 Lyon Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for Unit 1405 — 224 Lyon Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 1405 — 224 Lyon Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on Unit 1405 — 224 Lyon Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,750 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has Unit 1405 — 224 Lyon Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 1405 — 224 Lyon Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is Unit 1405 — 224 Lyon Street in?

    Unit 1405 — 224 Lyon Street 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.

  19. 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.

  20. 300 LISGAR Street
    1 / 1
    600
    —
    429 Somerset Street1 / 1700—
    300 C Lett Street1 / 1700—
    95 Bronson Avenue2 / 2800—