322 Lyon Street N, Ottawa Centre

$879,999
322 Lyon Street N

$879,999

New
6d
Duplex3-Storey

322 Lyon Street N, Ottawa Centre

Total Monthly Obligation $4,656

Beds
3
Baths
4
Park
3
Sqft
2500-3000
DOM
6d
Score
16
Yield
4.4%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Duplex
MLS® Number-X14091230
Beds-3
Bathrooms-4
Size-2500-3000 sqft
Lot Size-28.12 × 112.25 ft
Listed on site-Oct 17, 2026
Style-3-Storey
Building Type-Duplex
Taxes-$8,778 (2026)
Parking-3 - None
Basement-Unfinished
Heating-Radiant (Gas)
Brokerage-ROBIN HOOD REALTY LIMITED
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-4102 - Ottawa Centre
Title-Residential Freehold

No agent assigned

*** 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.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$703,999
Land Transfer Taxes$14,075
Legal Fees (Est.)
$
Total cash required for closing$191,575

Total Monthly Obligation

$4,656/mo
Mortgage $3,550
Monthly Loss $3,722
Principal$934
Interest$2,616
Property Tax$732
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.8%17
10-Year IRR
8.2%
Returns Index
10.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,400/yr
NOI
$21,282/yr
Net Cash Flow
-$1,776/mo
Cash Margin
-55.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 322 Lyon Street N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.