Indoor foyer for 242 RIDEAU St #2201, Ottawa Ontario K1N 0B7
14 hours on Market

242 RIDEAU St #2201, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
2
~1200-1399 sqft
$790,000
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$3,950Cashback
Condo
2
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market14 hours

Estimated valueNot available

Price/Sqft$611/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$352K

Median sold price*

*Based on last 30 days

Description

Modern Urban Living in the Heart of Ottawa. Step into stylish city living with this spacious 2-bedroom, 1,280 sq. ft. condo perfectly positioned in the vibrant core of Ottawa. Complete with parking, this home offers unbeatable convenience just steps from Parliament Hill, the National Gallery, ByWard Market, the Rideau Canal, trendy restaurants, nightlife, and boutique shopping.Designed for comfort and modern elegance, the bright open-concept layout features expansive windows that flood the space with natural light and showcase stunning city views. Beautiful hardwood flooring, ceramic tile, and sleek granite countertops elevate the interior, while six included appliances make daily living effortless.Enjoy your morning coffee or evening wind-down on the private balcony with picturesque urban vistas. As a resident, you'll also enjoy exclusive access to a well-equipped recreational centre-perfect for unwinding or staying active.Whether you're a professional, downsizer, or investor, this condo offers the ideal balance of location, lifestyle, and luxury.


Property Details

StyleApartment
ViewCity, Downtown
Age of property11-15
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12471668
Community NameLowertown
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Dining

2.28 x 1.85

Primary

3.7 x 3.12

Br

3.5 x 3.12

Living

7.72 x 4.87


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


22Story
Elevator
Amenities

Party/Meeting Room, Sauna, Indoor Pool, Exercise Room

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

65 days

Compared to

2024

10 days

2023

50 days

2022

36 days

New Listings

Past 30 days

28 listings

Compared to

2024

22 listings

2023

16 listings

2022

14 listings

Units sold

Past 30 days

6 units

Compared to

2024

1 unit

2023

3 units

2022

5 units

Median Sold Price

Past 30 days

$372,450

Compared to

2024

$352,000

2023

$450,000

2022

$396,250


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