23 days on Market

242 Rideau St #301, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
2
~1200-1399 sqft
$579,900
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Condo
2
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$449/sqft

Est. Mortgage$2,490/mo

Maintenance fees$1140/mo

Tax Amount (2024)$6,301/yr

Days On Market23 days


Description

Welcome to your urban oasis! This stunning 2-bedroom, 2-bathroom condo awaits on the vibrant 3rd floor in downtown Ottawa, just steps away from the bustling downtown market. Enjoy luxurious amenities including an indoor pool and exercise room, perfect for relaxation and fitness. Convenience is key with underground parking and storage, ensuring ample space for your belongings. Embrace the city lifestyle with this prime location, offering a seamless blend of comfort and sophistication. Call for a private showing today. Quick possession possible.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12144054
Community NameLowertown
Data SourceTRREB
Listing byRE/MAX AFFILIATES MARQUIS LTD.

Features

Heating: Forced Air
Cooling: Other

Main Floor

Kitchen

4.05 x 2.53

Dining

5.47 x 1.88

Primary

5.26 x 3.71

2nd Br

3.12 x 3.52


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 13, 2025
ListedActive
$579,900
23 days on market
history photo preview34
Listing by trreb®
Property listed by RE/MAX AFFILIATES MARQUIS LTD., 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

64 days

Compared to

2024

21 days

2023

22 days

2022

19 days

New Listings

Past 30 days

47 listings

Compared to

2024

37 listings

2023

27 listings

2022

21 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

17 units

2022

15 units

Median Sold Price

Past 30 days

$372,500

Compared to

2024

$473,000

2023

$402,500

2022

$505,000


Population and Demographics

Overview

Total population 7958
Average household income $111,627

Age (%)

20 to 34
35%
35 to 49
18%
65 and plus
16%
50 to 64
16%
0 to 19
14%

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