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$295K · 0 bed Condo Apartment · Unit 1109, 224 Lyon Street, Ottawa, Ontario K1R 0C1 | HomeSearchCanada

$295,000

Unit 1109

166 DOM

01166d

Map

DOM 166

Motivated Seller

$295,000

Motivated Seller

DOM166days

Unit 1109

224 Lyon Street · Ottawa · Ontario K1R 0C1

MLS® X12870812 · 4102 - Ottawa Centre · K1R 0C1

01TenantOccupied0-499 ft²Condo ApartmentNoneNo basement166d$591/ft²$3,001 tax/yrNo basement

Neighbourhood Range

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About this home

Welcome to The Gotham, a modern and sophisticated gem in the downtown core. It's far enough from the hustle and bustle, but close enough to enjoy all that downtown living in Ottawa has to offer. Mere steps to the new LRT. This northwest facing bachelor unit comes equipped with quality appliances, quartz counters, lavish bathroom, high ceilings, and ample storage. The floor to ceiling windows provide ample light, and the balcony offers a lovely view of downtown, as well as a gas hookup for a barb…

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Property details

MLS#: X12870812
Status: Buy Now
Property class: Residential Condo & Other
Beds: 0
Baths: 1 full, 0 half
Rooms: 1
Kitchens: 1
Size: 0-499Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Bachelor/Studio
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Condo corp #: 987
Balcony: Open
Locker: Owned
Fees include: Heat Included, Water Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Heat Pump
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Gloucester Street and Lyon Street
Stories: 11
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Storage, Storage Area Lockers
Parking features: —

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

166 days on market — Listing has been active for 166 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RIGHT AT HOME REALTY

Source: TRREB/PROPTX · MLS® X12870812

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$295K

Unit 1109 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $295,000✓ $3,001 tax✓ Gas✓ 0-499 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,119/mo

incl. closing costs (yr 1)

Annual total

$37,429

year 1

Mortgage only

$1,119/mo

principal + interest

Beyond mortgage

$1,300/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$59,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$250/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$2,950/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$31/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$2,900

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)36% $13,430/yr

Property taxes16% $5,901/yr

Utilities11% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance8% $2,950/yr

Condo fees12% $4,488/yr

Closing costs14% $5,100/yr

Mortgage is 36% of your true cost of ownership. The other 64% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$13,430	$1,119/mo
Government & taxes
Property tax	$3,001	$250/mo
Land transfer tax(closing)	$2,900	$242/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$2,950	$246/mo
Condo fees
Condo / HOA fees	$4,488	$374/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$37,429	$3,119/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1109

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs