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322 Lyon Street

4102 - Ottawa Centre / Ottawa Centre, ON K1R 5W6

ActiveFor Sale
3 Beds
4 Baths
2,500 Sq Ft
Multi-Family

About This Property

*** Additional Listing Details - Click Brochure Link *** Offset Your Mortgage With $1,750/month In Existing Rental Income. This Legal Centretown Duplex Features A 2-bedroom, 3-bathroom Main Residence And A Separate 1-bedroom Apartment. The Main Unit Has An Estimated Market Rent Of $3,500/month, Offering Potential Combined Gross Rental Income Of $5,250/month. The Main Home Features Cathedral Ceilings, Skylights, Hardwood Floors, A Sunroom And Home Office Space. Major Improvements Include Roof And Skylight Replacement (2019), Extensive Masonry Repointing (2024 And 2025), And A Three-Head Ductless Heat Pump (2026). Smart-Home Upgrades Include A Connected Thermostat, Security Cameras, Smart Lighting And Locks. Three Parking Spaces Provide Additional Flexibility And Potential Rental Income.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,500 sq ft
Bedrooms3
Bathrooms4
Taxes (2026)$8,778
Postal CodeK1R 5W6
Last UpdatedOct 29, 2026 · 10:42 a.m.

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Features & Amenities

  • Fireplace
  • Air Conditioning
  • Basement

Buying or selling in Ottawa Centre?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X14091230

Listed by ROBIN HOOD REALTY LIMITED

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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$879,999

asking price

MLS®X14091230
TypeMulti-Family
CityOttawa Centre
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,297

/month · $703,999 mortgage

Down Payment20% — $176,000
Interest Rate5.5%

Amortization

Total Interest

$585,146

Total Cost

$1,289,145

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROBIN HOOD REALTY LIMITED