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$345,000
DOM10days224 Lyon Street N Street · Ottawa · Ontario K1R 0C1
10 days on market
SELLER TO PAY THE MONTHLY CONDO FEES FOR THE FIRST YEAR! Great opportunity to get into the market and adjust to home ownership with this RARE offering. The Gotham, Ottawa's chic and modern west-end residence. Stepping into this unit, one is greeted with the modern exposed concrete walls, en-trend white finishes. Dark oak hardwood floors and high ceilings are complimented with floor-to-ceiling windows, south-facing, enjoying all-day natural light and unobstructed city views. This building caterer…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX HALLMARK REALTY GROUP
Source: TRREB/PROPTX · MLS® X14017884
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 37% of your true cost of ownership. The other 63% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $15,706 | $1,309/mo |
| Government & taxes | ||
| Property tax | $3,656 | $305/mo |
| Land transfer tax(closing) | $3,650 | $304/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%) | $3,450 | $288/mo |
| Condo fees | ||
| Condo / HOA fees | $5,436 | $453/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 | $42,558 | $3,546/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.