Unknown for 242 Rideau St #1102, Ottawa Ontario K1N 0B7
1 hour on Market

242 Rideau St #1102, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
2
~900-999 sqft
$419,900
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Condo
2
2
~900-999 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$443/sqft

Monthly cost

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Description

Discover refined downtown living in this beautifully updated 2-bedroom + den, 2-bathroom condo with underground parking and storage locker, ideally located in the heart of Ottawa. Recently painted and featuring brand-new hardwood flooring installed in 2026 throughout, this move-in ready unit offers a functional and well-designed layout suited for professionals, downsizers, or investors alike. The modern kitchen features granite countertops, stainless steel appliances, and contemporary cabinetry, and overlooks the bright open-concept living and dining area with floor-to-ceiling windows providing abundant natural light and access to a private balcony with impressive city views. The primary bedroom retreat includes two closets and a private ensuite bathroom, while the second bedroom is generously sized and conveniently located next to a full guest bathroom-ideal for family or visitors. The den offers excellent flexibility for a home office or study space, and the unit also features the added convenience of in-unit laundry. Residents enjoy access to exceptional building amenities including 24/7 security, indoor pool, fully equipped fitness centre, party room, and a large rooftop terrace (over 3,000 sq. ft.). The unit also includes one underground parking space and a storage locker. Located just steps to the University of Ottawa, the National Arts Centre, Parliament Hill, LRT transit, grocery stores, restaurants, shopping, and everyday amenities, this property offers outstanding urban convenience and lifestyle. An excellent opportunity to own a stylish, well-appointed condo in a prime downtown location.


Property Details

StyleApartment
View-
Age of property-
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12956066
Community NameLowertown
Data SourceTRREB
Listing byAVENUE NORTH REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Main Floor

Primary

3.04 x 3.41

Living

2.66 x 3.35

Dining

2.66 x 3.35

Kitchen

2.52 x 3.04


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


11Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 3, 2026
ListedActive
$419,900
1 hour on market
history photo preview29
Listing by trreb®
Property listed by AVENUE NORTH REALTY INC., Brokerage
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Market Data - Lowertown

Geo Zone Map ThumbnailLowertown

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2025

49 days

2024

37 days

2023

27 days

New Listings

Past 30 days

31 listings

Compared to

2025

25 listings

2024

28 listings

2023

14 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

6 units

2023

7 units

Median Sold Price

Past 30 days

$318,000

Compared to

2025

$427,000

2024

$517,500

2023

$485,000


Population and Demographics

Overview

Total population 7958
Average household income $111,627

Age (%)

0 to 19
14%
20 to 34
35%
35 to 49
18%
50 to 64
16%
65 and plus
16%

Household composition (%)

Single person
55%
Single family
34%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
57%
French
25%
Arabic
3%
English and French
3%
Mandarin
3%
Spanish
3%
Others
2%
French and non-official language(s)
1%

House tenancy (%)

Renters
75%
Owners
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget