The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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.
Property Details
Listing
MLS® number
X14030620
Status
For Sale
Listed
Oct 14, 2026
Last updated
Oct 14, 2026
Possession
Flexible
Building
Type
Condo
Style
1 Storey/Apt
Approx. age
11-15
Approx. size
0–499 ft²
Basement
None
Lot
Frontage
Not provided by brokerage
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
North West
Community
4102 - Ottawa Centre
Parking & utilities
Garage
None, 0 spaces
Driveway
0 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$3,248 / 2026
Condo fee
$374 / month
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX HALLMARK REALTY GROUP
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 0
Kitchens: 1 above grade
Basement: None
Heating: Forced Air
Cooling: Central Air
Laundry: In Kitchen, In-Suite Laundry
Ensuite laundry: Yes
Fireplaces: 0
Locker: Exclusive
Pets allowed: Yes-with Restrictions
Amenities: Community BBQ, Concierge, Elevator, Party Room/Meeting Room
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,748/mo
Mortgage (principal + interest)$1,104
Property taxFrom listing: $3,248/yr$271
Condo feesFrom listing$374
Minimum $14,750 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$59,000
Ontario land transfer taxProvincial brackets, no first-time refund$2,900
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$64,700
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Ottawa Centre has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
