Re-listed 97 days ago

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

In the same building:
-
Condo
1
1
~600-699 sqft
$•••,•••
$300,000
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market97 days

Total days on market
235 days

Estimated valueNot available

Price/Sqft$465/sqft

Monthly cost

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Description

EXCEPTIONAL VALUE! PRICED TO SELL! AN INCREDIBLE OPPORTUNITY TO OWN IN THE HEART OF DOWNTOWN OTTAWA FOR JUST $300,000! Whether you're a first-time buyer, investor, professional, or parent looking for a home for your university student, this well-located 1-BEDROOM PLUS DEN condominium offers outstanding value at its newly reduced price! UNDERGROUND PARKING AND STORAGE LOCKER INCLUDED! Enjoy a bright, carpet-free interior featuring hardwood and tile flooring, an open-concept living and dining area, and expansive floor-to-ceiling windows that fill the space with natural light. The functional kitchen features granite countertops, subway tile backsplash, stainless steel fridge and stove, and an extended breakfast bar. A versatile nook provides the perfect space for a home office or study area. Step outside onto your oversized private balcony, ideal for relaxing or entertaining. The generously sized bedroom offers comfort and functionality, while the contemporary 3-piece bathroom features an oversized walk-in shower. Convenient IN-SUITE LAUNDRY! Residents enjoy fantastic building amenities, including an indoor swimming pool, fully equipped fitness centre, and party room with a full kitchen. LOCATION, LOCATION, LOCATION! Just steps from the University of Ottawa, Parliament Hill, Rideau Centre, restaurants, shopping, and public transit. CONDO FEES INCLUDE; Heat, Water/sewer, building insurance, recreation facilities, property management and common area maintenance. OUTSTANDING DOWNTOWN VALUE WITH PARKING AND STORAGE INCLUDED! DON'T MISS THIS OPPORTUNITY!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13639736
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

Aug 5, 2026
Listed for
$300,000
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed - Price change
$•••,•••
97 days on market
history photo preview24
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

32 days

Compared to

2025

46 days

2024

76 days

2023

28 days

New Listings

Past 30 days

37 listings

Compared to

2025

18 listings

2024

26 listings

2023

16 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

2 units

2023

8 units

Median Sold Price

Past 30 days

$259,900

Compared to

2025

$648,000

2024

$405,000

2023

$448,750


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