Unknown for 242 Rideau St #1301, Ottawa Ontario K1N 0B7
69 days on Market

242 Rideau St #1301, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
2
~1200-1399 sqft
$•••,•••
$589,900
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Condo
2
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$456/sqft

Est. Mortgage$2,533/mo

Maintenance fees$1140/mo

Tax Amount (2024)$6,440/yr

Days On Market69 days


Description

Spacious 2 bedroom + den, and 2 baths charming, bright unit with 1280 sq ft luxury condo has panoramic view of Parliament, Byward Market and Gatineau. Upgrades including granite countertops in kitchen and baths, kitchen cabinets, hardwood floor, vinyl floor for kitchen(2025) and dishwasher (2025). Amenities include a salt water pool, gym, party room (common room), and outdoor garden with BBQ station. The apartment has 24/7 concierge . Move-in ready. Walking distance to Byward Market, Rideau Canel, Rideau Center, University of Ottawa, Parliament Hill, NAC, Museums, Restaurants, Cafes, Plus Lots More. 24 hours irrevocable time on all offers. MUST SEE! Flooring: Hardwood


Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX11990439
Community NameLowertown
Data SourceTRREB
Listing byHOME RUN REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Br

3.68 x 3.07

4 Pc Ensuite

2nd Br

3.55 x 3.2

3 Pc Bath

Dining

2.28 x 2.08

Living

7.84 x 5.33


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


13Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 27, 2025
ListedActive
$589,900
69 days on market
history photo preview13
Listing by trreb®
Property listed by HOME RUN 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

39 days

Compared to

2024

26 days

2023

34 days

2022

12 days

New Listings

Past 30 days

23 listings

Compared to

2024

25 listings

2023

23 listings

2022

25 listings

Units sold

Past 30 days

8 units

Compared to

2024

12 units

2023

10 units

2022

8 units

Median Sold Price

Past 30 days

$366,500

Compared to

2024

$400,000

2023

$372,750

2022

$439,000


Population and Demographics

Overview

Total population 7958
Average household income $111,627

Age (%)

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

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%

Schools and amenities

Estimated Budget