Unknown for 242 Rideau St #2405, Ottawa Ontario K1N 0B7
19 hours on Market

242 Rideau St #2405, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$364,900
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$565/sqft

Est. Mortgage$1,567/mo

Maintenance fees$601/mo

Tax Amount (2024)$3,780/yr

Days On Market19 hours


Description

Luxury 1 Bed/1 Bath Condo with Underground Parking, Private Storage & City View Prime Downtown Living! Experience refined urban living in this beautifully appointed 1-bedroom condo, perched on the 24th floor with city views and abundant natural light. Ideally located in the heart of downtown Ottawa, you're just steps from the LRT, Rideau Centre, University of Ottawa, ByWard Market, the new Metro grocery store, and restaurants. This spacious, carpet-free unit features in-suite laundry, an open-concept layout, and a fully equipped kitchen with granite countertops and upgraded 36" upper cabinetry. The elegant 4-piece bathroom offers an upgraded vanity with a granite counter, providing both style and function. Enjoy your private balcony, a peaceful retreat overlooking the city and river. Residents enjoy exclusive access to top-tier amenities including an indoor pool, fitness centre, theatre room, party lounge, outdoor patio, and 24-hour concierge service for enhanced convenience and security. Included with this unit is a highly sought-after underground parking space and an oversized private storage locker. Condo fees cover hot water, heating, and cooling. With an unbeatable location and luxurious features, this condo offers the perfect blend of lifestyle, comfort, and downtown convenience.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12129261
Community NameLowertown
Data SourceTRREB
Listing byKELLER WILLIAMS INTEGRITY REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.01 x 3.023

Bathroom

0.0 x 0.0

Living

3.28 x 5.74

Br

2.9 x 3.3528


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


24Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 7, 2025
ListedActive
$364,900
19 hours on market
history photo preview31
Listing by trreb®
Property listed by KELLER WILLIAMS INTEGRITY REALTY, 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