505 Lyon Street, Ottawa Centre, ON

$799,900
MLS#:X12849190
3 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 33 x 66 ft lot
  • Features a ["unfinished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This detached home is steeped in character, providing thoughtful updates and a highly functional layout without losing any of its original charm.Situated on a desirable corner lot with private outdoor space and parking for three vehicles, including an attached garage, it delivers bothcomfort and versatility in a truly enviable Centretown location.The main floor is anchored by a generous central kitchen, seamlessly connectingthe homes open living and dining spaces. At the front, a cozy living room with a gas fireplace welcomes you in, while at the back, the dining areaopens through sliding doors to a side yard thats both private and inviting, perfect for dining and entertaining alfresco. A convenient three-piecebathroom completes the main level.Upstairs, the second floor features three well-sized bedrooms and a full bathroom. The third level features aspacious loft with vaulted ceilings, providing a flexible retreat that can serve as a home office, creative studio, guest suite or additional livingspace. The unfinished basement offers ample storage and laundry.The location is one of Ottawas most popular; just steps to Bank Street,Chinatown and only minutes to Hintonburg, youll enjoy immediate access to shops, cafés, dining and transit. With all it has to offer, 505 Lyon Ststrikes the perfect balance between downtown vibrancy and the warmth and comfort of home.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 20, 2026
Sold price information is available to members only
Listed Date3/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size33 × 66 Feet
CountyOttawa
Annual Tax$8,170.08
Legal DescriptionPT LT 28, PL 30 , N/S FLORA STREET, AS IN CR548962 ; OTTAWA/NEPEAN

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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505 Lyon Street, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 505 Lyon Street N, Ottawa Centre, ON K1R 5X6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$639,920
Monthly Mortgage$3,718
Property Tax (Est.)$681
Utilities & Maint.$350
Total Monthly Cost$4,749

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Ottawa Centre.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4103 Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.