242 Rideau St #2406, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$349,900
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$542/sqft

Monthly cost

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Description

Here it is! A spacious condo in downtown Ottawa, close to everything you need and want, including a new Metro grocery store right across the street, restaurants, shopping, easy transit, beautiful parks and University of Ottawa campus. Hardwood floors are featured throughout the living room/dining room as well as the bedroom with it's wide closet. Pull a chair up to the granite peninsula to work, eat or scroll, or invite your guests to take a seat there while you cook up a meal in the open concept kitchen. The in-suite laundry is tucked into it's own room with the bonus of lots of extra storage/storage shelves. Summer evenings can be spent on your personal balcony, directly off the living room and also accessed through the bedroom. On P5, your underground parking spot is located close to the elevators, and the included storage locker. 242 Rideau comes with great amenities - heated salt water pool, saunas, exercise room, party room, board room and landscaped terrace for summer BBQing. Helpful & friendly security is at the front desk 24 hours a day.


Property Details

StyleApartment
ViewDowntown
Age of property11-15
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13157860
Community NameLowertown
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.98 x 1.94

Bathroom

3.09 x 2.16

4 Pc Bath

Laundry

2.39 x 1.45

Living

7.79 x 3.55

Combined W/Dining


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


24Story
Elevator
Amenities

Community BBQ, Exercise Room, Indoor Pool, Party/Meeting Room, Sauna, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$349,900
< 1h on market
history photo preview32
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM 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

33 days

Compared to

2025

39 days

2024

26 days

2023

34 days

New Listings

Past 30 days

50 listings

Compared to

2025

23 listings

2024

25 listings

2023

23 listings

Units sold

Past 30 days

12 units

Compared to

2025

8 units

2024

12 units

2023

10 units

Median Sold Price

Past 30 days

$319,750

Compared to

2025

$366,500

2024

$400,000

2023

$372,750


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