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New3 days ago

204 - 224 Lyon Street N

4102 - Ottawa Centre, Ottawa Centre

$409,900

Condo Apartment |
1 | 1 | 1 | 0
About this home

Vacant, move-in ready and available with flexible possession. This one-bedroom-plus-den condo at the Gotham offers 676 sq ft of living space, a rare south-facing private terrace of over 400 sq ft per the builder's plan, and an owned heated underground parking space. That combination is hard to find in downtown Ottawa. Built by Lamb Development Corporation, the unit features 10-foot exposed concrete ceilings, floor-to-ceiling windows and engineered hardwood floors. The European-style kitchen has stone countertops and stainless steel appliances, including a gas range. The den works well as a home office or guest space. The spa-inspired bathroom has porcelain finishes. In-unit laundry and an individually controlled heat pump for heating and cooling add everyday comfort. Hot water and gas for the stove are included in the condo fees. The terrace gets sun all day and has a gas BBQ hookup, making it a true outdoor room for entertaining. You are steps from Lyon Station, federal government offices and Parliament Hill, with Centretown's restaurants and shops at your door. Walking to work saves time every day. Strong downtown rental demand also makes this a solid choice for investors. Building amenities include concierge service, a party room, secure fob access and fibre optic internet. Select photos are virtually staged

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agent
Ephy Bookbinder
(416) 838-4804
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$562
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,738
mls© NumberX14092682
Listed ByCOMMISSION WISE INC.
Water Included
Building Insurance Included
Parking Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,098
Property tax
$395
Heat allowance
$150
Condo fees, half counted
$281
Housing costs
$2,924 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $81,980
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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