9 hours on Market

242 Rideau St #204, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$344,900
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market9 hours

Estimated valueNot available

Price/Sqft$534/sqft

Monthly cost

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Description

Ideally located in the vibrant core of downtown Ottawa, this stylish 1-bedroom condominium offers exceptional urban living complete with UNDERGROUND PARKING and a STORAGE locker. Step inside to a carpet-free interior featuring hardwood and tile flooring throughout. The modern kitchen is functional showcasing granite countertops, a sleek subway tile backsplash, stainless steel fridge and stove and an extended breakfast bar-perfect for casual dining or entertaining guests. Designed with an open-concept layout, the living space is enhanced by expansive floor-to-ceiling windows creating a bright and airy ambiance. A thoughtfully designed nook provides the perfect space for a study area-ideal for today's flexible lifestyle. From the living area, step onto the oversized private balcony! The ample size bedroom offers comfort and versatility, while the contemporary 3-piece bathroom features a modern design complete with an oversized walk-in shower. IN-SUITE LAUNDRY adds everyday convenience. Residents enjoy access to an impressive array of amenities, including an indoor pool, fully equipped fitness centre & party room with full kitchen. Unbeatable location just steps to the University of Ottawa, Parliament Hill and the Rideau Centre. With Ottawa U only an 10-minute walk away, this property is an excellent opportunity for investors or parents seeking a well-located home for a student. All amenities within walking distance! Condo fees include building insurance, heat, water/sewer, recreation facilities, property management, and common area maintenance-offering a truly turnkey lifestyle.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12902864
Community NameLowertown
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Laundry

1.02 x 1.72

Living

3.38 x 5.23

W/O To Balcony / hardwood floor

Kitchen

3.38 x 3.17

Breakfast Bar / Granite Counter

Br

2.94 x 3.73

Hardwood Floor


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


2Story
Amenities

Concierge, Elevator, Exercise Room, Indoor Pool, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 20, 2026
ListedActive
$344,900
9 hours on market
history photo preview26
Listing by trreb®
Property listed by ROYAL LEPAGE PERFORMANCE 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

72 days

Compared to

2025

63 days

2024

66 days

2023

35 days

New Listings

Past 30 days

18 listings

Compared to

2025

31 listings

2024

10 listings

2023

13 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

9 units

2023

11 units

Median Sold Price

Past 30 days

$321,000

Compared to

2025

$385,000

2024

$375,000

2023

$404,000


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