Indoor foyer for 242 RIDEAU St #2308, Ottawa Ontario K1N 0B7
11 days on Market

242 RIDEAU St #2308, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
-
1
~0-499 sqft
$315,000
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Condo
-
1
~0-499 sqft

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Highlights

Property Estimate

Days on market11 days

Estimated valueNot available

Price/Sqft$316/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$445K

Median sold price*

*Based on last 30 days

Description

Bright and modern open-concept studio with expansive floor-to-ceiling windows and a private balcony, filling the space with natural light. The sleek designer kitchen is equipped with stainless steel appliances, while the neutral color palette allows you to easily add your own style. Immaculately maintained, it offers comfortable and affordable living paired with unbeatable amenities: an indoor heated saltwater pool, fully equipped gym, outdoor terrace, theatre room, business center, stylish party lounge, and 24/7 concierge and security. Perfectly situated for downtown living, just steps to the University of Ottawa, Rideau Centre, ByWard Market, Parliament Hill, and the Canal. Surrounded by trendy cafés, restaurants, entertainment, and green spaces, everything you need is at your doorstep. A fantastic investment opportunity in one of Ottawa's most vibrant and walkable neighborhoods!


Property Details

StyleApartment
View-
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12368350
Community NameLowertown
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.59 x 2.28

Living

4.72 x 3.14


Features

Patio: Open
Balcony: Open

23Story
Amenities

Concierge, Lap Pool, Exercise Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 28, 2025
ListedActive
$315,000
11 days on market
history photo preview30
Listing by trreb®

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

80 days

Compared to

2024

40 days

2023

30 days

2022

32 days

New Listings

Past 30 days

24 listings

Compared to

2024

31 listings

2023

21 listings

2022

17 listings

Units sold

Past 30 days

8 units

Compared to

2024

5 units

2023

2 units

2022

12 units

Median Sold Price

Past 30 days

$349,500

Compared to

2024

$445,000

2023

$342,500

2022

$404,100


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