Indoor foyer for 242 Rideau St #1809, Ottawa Ontario K1N 0B7
45 days on Market

242 Rideau St #1809, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~700-799 sqft
$435,000
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Condo
1
1
~700-799 sqft

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Highlights

Property Estimate

Days on market45 days

Estimated valueNot available

Price/Sqft$583/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

Sophisticated urban living awaits in this exceptional 1-bedroom + den corner unit in the heart of downtown Ottawa. Spanning an impressive 740 sq.ft., this beautifully designed suite offers generous space, elegant design elements, and an abundance of natural light. With its prime corner location, the unit is bathed in sunlight from two sides, creating a bright, airy ambiance throughout. The open-concept layout flows effortlessly, with floor-to-ceiling windows.The modern kitchen is both stylish and functional, showcasing quartz countertops, stainless steel appliances, and a convenient breakfast bar. A rare feature, the open den enjoys its own large window, offering a sunlit and versatile area ideal for a home office, study nook, or creative space. Rich hardwood flooring adds warmth and elegance throughout. The generously sized bedroom offers a tranquil retreat, while the private balcony provides an elevated view of the cityscape perfect for your morning coffee or evening unwind. Enjoy the convenience of in-suite laundry, a storage locker, and underground parking. Condo fees include heat and water, adding comfort and value. Residents benefit from an array of premium amenities, including a fully equipped fitness centre, indoor pool, sauna, guest suites, landscaped terrace with BBQs, and 24-hour concierge/security service. Just steps from restaurants, shopping, cafes, the Rideau Canal, light rail transit, and the University of Ottawa, this fully furnished unit delivers an unparalleled lifestyle in one of the city's most vibrant locations. Don't miss your opportunity to own this light filled, spacious unit in the heart of the city!


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12161903
Community NameLowertown
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Foyer

3.07 x 1.16

Kitchen

2.59 x 2.28

Living

5.79 x 3.45

Den

2.28 x 2.03


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


18Story
Inclusions
Hydro
Water
Parking
Cable
Heat

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