3 days on Market

242 Rideau St #403, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$359,900
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$557/sqft

Est. Mortgage$1,546/mo

Maintenance fees$543/mo

Tax Amount (2024)$3,438/yr

Days On Market3 days


Description

Fully serviced building including 24 hours concierge security, gym, indoor pool, sauna, lounge room and outdoor terrace with BBQ. Beautiful 1 bedroom condo located in heart of Byward Market steps from Ottawa University, Parliament Hill, Rideau Mall, Rideau Canal and across the street from Metro. Why rent, when you can own: great investment for student or professional. The large windows flood the space with natural light. Upgraded granite counters in kitchen and bath, stylish backsplash completes this functional kitchen open to the living space. Spacious balcony to relax and enjoy the vibrant city life. Convenient in-unit laundry and a dedicated locker is included on 2nd Level. Condo fees includes Heat, AC and Water.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12213475
Community NameLowertown
Data SourceTRREB
Listing byRE/MAX DELTA REALTY TEAM

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.04 x 3.04

Den

3.04 x 1.62

Living

3.35 x 5.21

Br

3.04 x 3.35


Features

Patio: Open
Balcony: Open

4Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 11, 2025
ListedActive
$359,900
3 days on market
history photo preview28
Listing by trreb®
Property listed by RE/MAX DELTA REALTY TEAM, 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