242 Rideau St #2403, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$369,000
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$571/sqft

Monthly cost

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Description

Fantastic value for all kinds of buyers! This comfortable 1 bed 1 bath condo + WFH space with floor-to-ceiling windows is perched just high enough to showcase views of Parliament, the Ottawa River, and the Gatineau Hills. The quintessential downtown condo floor plan offers 660 sq ft of well-designed living space + large north-facing balcony. Updates since 2022 include fresh paint, all new ceiling lights, shower door, and stylish balcony floor covering. The kitchen features stone countertops, stainless steel appliances, a tiled backsplash, and a handy breakfast bar. Kitchen opens into the living and dining areas with direct access to the balcony. The bedroom is bright and spacious with a large window for ample natural light, while the den/computer nook provide flexible space for working from home. What sets this unit apart is the exceptional convenience. The underground parking spot is located incredibly close to the elevator-something you'll appreciate every single day. Even more rare is the oversized 15 x 5 ft storage room, offering significantly more space than typical condo lockers- perfect for bikes, tires, seasonal items, and everything else you don't want in your living space. Enjoy full-service living just steps to the ByWard Market, UOttawa, Rideau Centre, OC Transpo, NAC, Parliament, and the Rideau Canal. Plus 2 grocery stores within 2 mins walk from your front door! Building amenities include fitness centre, indoor saltwater pool, sauna, media room, 2 roof-top terraces, shared BBQs, and 24-hour concierge. Condo fees include heat and water! Elevate your lifestyle today- this condo is head and shoulders above the rest!


Property Details

StyleApartment
ViewDowntown, River
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13044736
Community NameLowertown
Data SourceTRREB
Listing byROYAL LEPAGE INTEGRITY REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

3.48 x 2.23

Breakfast Bar

Dining

3.41 x 1.9

Hardwood Floor

Living

3.67 x 3.42

hardwood floor / W/O To Balcony

Primary

3.35 x 3.04


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


24Story
Amenities

Bike Storage, Elevator, Exercise Room, Rooftop Deck/Garden, Concierge, Indoor Pool

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ROYAL LEPAGE INTEGRITY 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

21 days

Compared to

2025

49 days

2024

37 days

2023

27 days

New Listings

Past 30 days

31 listings

Compared to

2025

25 listings

2024

28 listings

2023

14 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

6 units

2023

7 units

Median Sold Price

Past 30 days

$318,000

Compared to

2025

$427,000

2024

$517,500

2023

$485,000


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