224 Lyon St N #1009 is a 1-bathroom condo in Ottawa, listed for $295,000. It has 0-499 sq ft of living space.
1Open House: Sunday October 18 - 2:00-4:00pm.
2Experience the pinnacle of downtown living at 224 Lyon Street in the iconic Gotham building.
3The interior features elegant dark hardwood floors and a sleek modern white kitchen equipped with premium stainless steel appliances and quartz countertops, complemented by in-suite laundry and a full bathroom.
Open House: Sunday October 18 - 2:00-4:00pm. Experience the pinnacle of downtown living at 224 Lyon Street in the iconic Gotham building. Whether you are a first-time buyer stepping into the market, a busy professional seeking to eliminate commute times during the workweek or looking for the ideal weekend lock-and-leave pied-a-terre, this meticulously designed space offers a lifestyle that works for everyone. The layout features a signature separate den for a distinct and private sleeping area, setting it apart from standard studios. Clever architectural design shines with a thoughtfully offset patio door that maximizes usable floor space, allowing for flexible furniture arrangements along the exterior wall and seamless access to a private balcony boasting warm afternoon sun. The interior features elegant dark hardwood floors and a sleek modern white kitchen equipped with premium stainless steel appliances and quartz countertops, complemented by in-suite laundry and a full bathroom. Residents benefit from premium building amenities including on-site concierge service for package handling, enhanced security with an after-hours second security door and a spacious party room featuring a sunny south-facing balcony with a BBQ area. Embrace an effortless urban lifestyle where you can walk to work, enjoy weeknights downtown and hit the road with ease on the weekends.
Ottawa condo priced at $295,000 — book a tour to see if it fits your search.
Inside 224 Lyon St N #1009
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
224 Lyon St N #1009 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14030620$295,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 224 Lyon St N #1009 Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
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
Principal54%$236,000
Interest46%$198,774
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Ottawa
Other 1–2 bed homes for sale in Ottawa around $295K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings256Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 142 sales from Jul 16 – Oct 14, 2026 (106 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 2 for rent at 224 Lyon St N — plus its sale and lease history.
224 Lyon St N #1009 is listed at $295,000 (MLS® X14030620). Summitly updates the price as soon as the MLS® record changes.
Has the price of 224 Lyon St N #1009 changed?
No — 224 Lyon St N #1009 is still listed at its original asking price of $295,000.
How many bedrooms and bathrooms does 224 Lyon St N #1009 have?
224 Lyon St N #1009 has 1 bathroom, with about 0–499 square feet of living space. It is a condo in Ottawa.
Is 224 Lyon St N #1009 close to transit?
The nearest rapid-transit station is Lyon Station (O-Train Line 1), about 360 m (about a 5-minute walk) in a straight line. Parliament Station is about 660 m (about a 8-minute walk), and Pimisi Station is about 880 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 224 Lyon St N #1009?
About $1,449 a month — principal and interest on $295,000 with 20% down ($59,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 224 Lyon St N #1009?
Yes — Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 224 Lyon St N #1009 compare with other homes in Ottawa?
Its asking price of $295,000 is about 35% below the median sold price in Ottawa over the last 90 days, $452,500, across 142 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 224 Lyon St N #1009 been sold before?
Summitly has no earlier MLS® sale or lease of 224 Lyon St N #1009 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 224 Lyon St N #1009?
224 Lyon St N #1009 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 224 Lyon St N #1009 been on the market?
224 Lyon St N #1009 was listed today (October 14, 2026).
What is the price per square foot of 224 Lyon St N #1009?
About $591 per square foot: the asking price of $295,000 over the 0–499 sq ft the listing gives.
Does 224 Lyon St N #1009 have a basement, and is it finished?
The listing says 224 Lyon St N #1009 has no basement.
