Unknown for 242 Rideau St #1209, Ottawa Ontario K1N 0B7
1 day on Market

242 Rideau St #1209, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~700-799 sqft
$369,900
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$1,850Cashback
Condo
1
1
~700-799 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$495/sqft

Est. Mortgage$1,589/mo

Maintenance fees$609/mo

Tax Amount (2025)$4,008/yr

Days On Market1 day


Description

Welcome to this bright and modern 1 bedroom + den condo in the heart of Ottawa's vibrant ByWard Market. This open-concept unit features floor-to-ceiling windows with stunning south and west facing views, flooded with natural light. Enjoy hardwood floors throughout the main living area and stylish kitchen equipped with ample cabinets and a large kitchen island, perfect for meal prep, casual dining, or entertaining. The functional layout includes a spacious den, ideal for a home office, and a private balcony for enjoying city sunsets. The building offers fantastic amenities, including a fitness center, indoor pool, and more. Enjoy exceptional walkability with easy access to public transit, and light rail (LRT), Parliament Hill, University of Ottawa, Rideau Centre, and all the restaurants, shops, and attractions of the ByWard Market. Quick access to the Queensway makes commuting simple. A perfect fit for professionals, students, or investors seeking location and lifestyle. Bonus, furniture is new and is included in the sale price.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12239083
Community NameLowertown
Data SourceTRREB
Listing byOTTAWA PROPERTY SHOP REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.59 x 2.28

Primary

3.2 x 3.17

Den

2.28 x 2.03

Dining

3.45 x 3.45


Features

Patio: Encl
Balcony: Encl

12Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 23, 2025
ListedActive
$369,900
1 day on market
history photo preview20
Listing by trreb®
Property listed by OTTAWA PROPERTY SHOP REALTY INC., 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