Patio, unknown for 242 Rideau St #2506, Ottawa Ontario K1N 0B7
1 hour on Market

242 Rideau St #2506, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$339,900
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$1,700Cashback
Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$526/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

Welcome to Claridge Plaza Phase 3 at 242 Rideau Street a well-priced opportunity in the heart of downtown Ottawa. This bright and modern 1-bedroom condo includes a heated underground parking space and storage locker, offering both convenience and value. The open-concept layout features floor-to-ceiling windows, a stylish kitchen with stainless steel appliances, island seating, and a versatile living/dining area perfect for both relaxing and entertaining. The bedroom provides a comfortable retreat, while in-unit laundry adds ease to everyday living. Step out onto your private balcony and watch the morning sunrise to the east and cityscape to the west. Residents benefit from premium amenities including an indoor pool, sauna, fitness centre, lounge, and conference room. Steps from the University of Ottawa, Rideau Centre, ByWard Market, and LRT, this location delivers comfort, convenience, and lifestyle all in one.


Property Details

Style1 Storey/Apt
ViewCity, Downtown
Age of property11-15
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12442666
Community NameLowertown
Data SourceTRREB
Listing byUMBER REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


25Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 3, 2025
ListedActive
$339,900
1 hour on market
history photo preview16
Listing by trreb®

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