Unknown for 242 RIDEAU St #703, Ottawa Ontario K1N 0B7
4 days on Market

242 RIDEAU St #703, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$329,000
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$509/sqft

Monthly cost

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Description

Experience downtown living at 242 Rideau St. This freshly painted, move-in ready condo features a modern kitchen with quartz countertops, stainless steel appliances, and maple hardwood floors. The den offers a practical and private work-from-home space, ideal for a home office or study area. (Some photos virtually staged.) Located just steps to the University of Ottawa and around the corner from the Rideau Centre, you're right in the heart of the city with transit, dining, and everyday essentials at your doorstep. Residents enjoy access to an indoor pool, fully equipped fitness centre, private theatre room, sauna, and an outdoor terrace. A well-managed building in a prime location, offering both comfort and convenience. Flooring: Hardwood, Wall-to-Wall Carpet. Parking available for rent.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12782706
Community NameLowertown
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

3.35 x 5.48

Primary

3.04 x 3.35

Den

2.94 x 1.6

Kitchen

2.0 x 3.2


Features

Patio: Open
Balcony: Open

7Story
Amenities

Exercise Room, Indoor Pool, Gym, Party/Meeting Room, Recreation Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage
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Market Data - Lowertown

Geo Zone Map ThumbnailLowertown

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

81 days

Compared to

2025

109 days

2024

80 days

2023

46 days

New Listings

Past 30 days

18 listings

Compared to

2025

28 listings

2024

15 listings

2023

13 listings

Units sold

Past 30 days

8 units

Compared to

2025

2 units

2024

5 units

2023

4 units

Median Sold Price

Past 30 days

$391,500

Compared to

2025

$282,500

2024

$355,000

2023

$406,250


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