Unknown for 242 Rideau St #1105, Ottawa Ontario K1N 0B7
1 day on Market

242 Rideau St #1105, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$359,900
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$1,800Cashback
Condo
1
1
~600-699 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$557/sqft

Est. Mortgage$1,546/mo

Maintenance fees$601/mo

Tax Amount (2024)$3,276/yr

Days On Market1 day


Description

Welcome to 242 Rideau, Unit 1105 a bright and airy one-bedroom condo in the heart of downtown Ottawa. Located on the 11th floor, this sun-filled unit features hardwood floors and a functional open layout. The spacious main living area offers room for a desk setup if you work from home, and opens onto a private balcony with access from both the living room and the primary bedroom perfect for your morning coffee or winding down at night.The kitchen is updated with quartz countertops, a breakfast bar, and stainless steel appliances. In-unit laundry is tucked away for convenience, and the bathroom offers clean, modern finishes.This building is clean, well managed with full time security and concierge service as well as loaded with amenities: take in stunning city views from the rooftop terrace, cool off in the pool, or host friends in the stylish party room. Whether you're a first-time buyer, investor, or just looking for a low-maintenance downtown lifestyle, this condo checks all the boxes.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12219502
Community NameLowertown
Data SourceTRREB
Listing byFIDACITY REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

3.24 x 5.31

Primary

2.8 x 3.35

Kitchen

1.98 x 3.38


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

Jun 13, 2025
ListedActive
$359,900
1 day on market
history photo preview29
Listing by trreb®
Property listed by FIDACITY REALTY, Brokerage

Get up to 0.5% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home

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

64 days

Compared to

2024

21 days

2023

22 days

2022

19 days

New Listings

Past 30 days

47 listings

Compared to

2024

37 listings

2023

27 listings

2022

21 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

17 units

2022

15 units

Median Sold Price

Past 30 days

$372,500

Compared to

2024

$473,000

2023

$402,500

2022

$505,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget