53 days on Market

242 Rideau St #301, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
2
~1200-1399 sqft
$579,900
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Condo
2
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market53 days

Estimated valueNot available

Price/Sqft$449/sqft

Monthly cost

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CMA Subject Property

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+12

Properties sold*

$388K

Median sold price*

*Based on last 30 days

Description

Welcome to your urban oasis! This stunning 2-bedroom, 2-bathroom condo awaits on the vibrant 3rd floor in downtown Ottawa, just steps away from the bustling downtown market. Enjoy luxurious amenities including an indoor pool and exercise room, perfect for relaxation and fitness. Convenience is key with underground parking and storage, ensuring ample space for your belongings. Embrace the city lifestyle with this prime location, offering a seamless blend of comfort and sophistication. Call for a private showing today. Quick possession possible.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12144054
Community NameLowertown
Data SourceTRREB
Listing byRE/MAX AFFILIATES MARQUIS LTD.

Features

Heating: Forced Air
Cooling: Other

Main Floor

Kitchen

4.05 x 2.53

Dining

5.47 x 1.88

Primary

5.26 x 3.71

2nd Br

3.12 x 3.52


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 13, 2025
ListedActive
$579,900
53 days on market
history photo preview34
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

48 days

Compared to

2024

27 days

2023

35 days

2022

14 days

New Listings

Past 30 days

32 listings

Compared to

2024

30 listings

2023

19 listings

2022

28 listings

Units sold

Past 30 days

9 units

Compared to

2024

12 units

2023

12 units

2022

9 units

Median Sold Price

Past 30 days

$335,000

Compared to

2024

$388,200

2023

$392,500

2022

$395,000


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