1314 - 224 Lyon Street

Introducing an exceptional opportunity to own an apartment for sale in Ottawa , located at 224 Lyon Street, Ottawa. This remarkable condo apartment is situated at the corner of Lyon and Gloucester, in the vibrant community of 4102 - Ottawa Centre. With its breathtaking architecture, The Gotham edifice stands as a testament to modern living, offering an enviable lifestyle for those who appreciate the essence of city life.

As you step into this apartment for sale in Ottawa, you will be greeted by an inviting entrance hall that sets the tone for the rest of the property. The building's exterior, a blend of concrete and brick, exudes sophistication and durability, ensuring that residents enjoy both style and substance. This ingeniously crafted compact unit features polished hardwood floors and stylishly revealed concrete walls, creating a contemporary yet warm atmosphere. Although this unit comprises a total of three rooms, it does not include bedrooms or a den, making it an ideal choice for those seeking a minimalist lifestyle.

The apartment for sale in Ottawa boasts one well-appointed bathroom, complete with modern fixtures. While there is no kitchen or additional kitchen space, the unit's design maximises the available area, allowing for creative utilisation of the space. The absence of a central vacuum system and a garage may seem limiting, but the advantages of this location far outweigh these considerations. The apartment is unfurnished, providing you with the opportunity to personalise the space to your taste.

Central air conditioning ensures comfort throughout the year, while the forced air heating system keeps the unit warm during the colder months. The family room, a significant feature of this apartment, offers a welcoming space for relaxation and socialising. Although there is no pool or fireplace, the building compensates with an amazing social gathering space available for private bookings, perfect for hosting large gatherings. This area also features a massive outdoor terrace, providing a stunning backdrop for entertaining guests or simply enjoying the fresh air.

Residents of 224 Lyon Street, Ottawa, will appreciate the convenience of having internet access, making it easy to stay connected in today’s digital age. The apartment for sale in Ottawa is also equipped with private laundry facilities, a highly sought-after feature that adds to the unit's appeal. With immediate occupancy available, you can move in and start enjoying your new home without delay.

The location of this apartment is truly unbeatable. Just a stone's throw away from an array of boutiques, eateries, the National Art Centre, Parliament, and various galleries, residents can immerse themselves in the cultural richness that Ottawa has to offer. This vibrant community is perfect for inaugural homebuyers, emerging professionals, or astute investors looking to capitalise on a prime piece of real estate.

In summary, this apartment for sale in Ottawa at 224 Lyon Street, Ottawa, presents a unique opportunity to experience urban living at its finest. With its stylish design, modern amenities, and prime location, this property is an ideal choice for anyone looking to embrace the dynamic lifestyle that Ottawa has to offer. Don't miss out on this exceptional chance to make this apartment your own. Whether you are a first-time buyer or an investor seeking a turnkey property with minimum 90-day short-term rental options, this apartment is ready for you to call it home. Seize this opportunity today!

Ottawa Centre, designated as postal code 4102, is a vibrant and diverse geographic area nestled in the heart of Canada’s capital city, Ottawa. This community boasts a rich tapestry of cultural and historical landmarks, including the iconic Parliament Hill and the picturesque Rideau Canal, which transforms into a bustling hub of activity in both summer and winter. Residents enjoy a blend of urban living with access to lush parks, trendy cafés, and eclectic shops, all within a short stroll or bike ride. The area is well-served by public transport, making it easy to explore the wider city. With a strong sense of community spirit and a commitment to inclusivity, Ottawa Centre is an inviting place for those seeking a dynamic and engaging lifestyle in a city renowned for its politeness and charm.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Centennial Public School, just 0.1 km away, offering elementary education from JK to grade 6, with a school rating of 3.4. For older elementary students, Glashan Public School and Elgin Street Public School are within 1.1 km, providing grades 7 to 8 and JK to 6, respectively, with Elgin boasting a solid rating of 7.7. Lisgar Collegiate Institute, located 1.4 km away, serves secondary students from grades 9 to 12 and has an impressive rating of 8.8. Hopewell Avenue Public School, a French-language institution, is 3.0 km away and offers grades JK to 8 with a strong rating of 8. Additionally, St. Anthony School, a Catholic elementary school, is also within 1.1 km and has a rating of 6.6. Immaculata High School, 2.0 km away, provides secondary education with a rating of 7.4. This diverse array of schools ensures quality educational options for children of all ages, enhancing the appeal of the property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of approximately 1,200 residents, with an average household size of 1.5 individuals. The demographic is relatively young, with an average age of 36 years. The average household income stands at a robust $117,200, although 11.6% of the population is classified as low-income. The real estate market reflects an average home price of $526,000, with 59.11% of residents being single and only 13.46% living in households with children. The community is diverse, with 23.58% of residents being immigrants. A significant portion of the population, 52.56%, are renters, and condos make up 65.38% of the housing stock. Education is highly valued in this area, as evidenced by the 80% of residents holding a college or university degree. Additionally, 15.65% of the population is not in the labor force, indicating a mix of working professionals and those engaged in other pursuits. Overall, this neighborhood presents a vibrant, educated community with a strong rental market and a diverse demographic profile.