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Sold · 1 bed Condo Apartment · Unit 712, 224 Lyon Street, Ottawa, Ontario K1R 0C1 | HomeSearchCanada

Sold

Unit 712

97 DOM

1197d

Map

DOM 97

Motivated Seller

Sold

Motivated Seller

DOM97days

Unit 712

224 Lyon Street · Ottawa · Ontario K1R 0C1

MLS® X13141280 · 4102 - Ottawa Centre · K1R 0C1

11Vacant700-799 ft²Condo Apartment1-car UndergroundFinished with Walk-Out97d$4,805 tax/yrFinished with Walk-Out

Sold 2026-07-23

97 days on market

About this home

In a world of uniformity, one building dares to reshape the Ottawa skyline: a fortress of glass and steel where design meets drama. 224 Lyon Street rises. This spring, the Gotham Building unveils Suite 712, an urban sanctuary in cinematic Centretown. With immediate occupancy and a versatile layout, this one-bedroom plus den is no sidekick. The all-star lineup includes underground parking, a storage locker, and a large balcony with sweeping views of the city's core. Also starring: hardwood floors…

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Property details

MLS#: X13141280
Status: Sold
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 700-799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Finished with Walk-Out
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 5 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Condo corp #: 987
Balcony: Open
Locker: Exclusive
Association amenities: Concierge
Fees include: Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Kent and Lyon
Stories: 12
Utilities: —
Laundry: In-Suite Laundry
Interior: Primary Bedroom - Main Floor
Parking features: —

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

97 days on market — Listing has been active for 97 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: REAL BROKER ONTARIO LTD.

Source: TRREB/PROPTX · MLS® X13141280

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Unit 712 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $0✓ $4,805 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$1,928/mo

incl. closing costs (yr 1)

Annual total

$23,133

year 1

Mortgage only

$0/mo

principal + interest

Beyond mortgage

$1,469/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$0

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$400/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 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%$0/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)$53/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$0

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Property taxes21% $4,805/yr

Utilities17% $3,960/yr

Insurance & security7% $1,600/yr

Condo fees33% $7,668/yr

Closing costs22% $5,100/yr

Mortgage is 0% of your true cost of ownership. The other 100% surprises most first-time buyers.

Full breakdown

Government & taxes
Property tax	$4,805	$400/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
Condo fees
Condo / HOA fees	$7,668	$639/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	$23,133	$1,928/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 712

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs