23 days on Market

242 RIDEAU St #704, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$325,000
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market23 days

Estimated valueNot available

Price/Sqft$503/sqft

Monthly cost

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Description

Welcome to one of Ottawa's most recognizable downtown condominium addresses. This bright and spacious 1-bedroom plus den suite offers approximately 660 sq. ft. of thoughtfully designed living space, plus a private balcony with partial views of Parliament Hill and a designated den area. The unit also includes a private storage locker, providing valuable additional space.Located in the heart of downtown Ottawa, this unbeatable location places you just steps from the Rideau Centre, National Arts Centre, University of Ottawa, LRT station, Parliament Hill, the ByWard Market, and countless restaurants, shops, cafés, and entertainment venues. Whether you're commuting, studying, working downtown, or enjoying city life, everything you need is right at your doorstep.Residents enjoy an exceptional lifestyle with premium amenities, including 24-hour security and concierge service, an indoor swimming pool, sauna, fitness centre, BBQ patio, and more. Parking is available for rent within the building at an affordable monthly cost, making ownership convenient even without an owned parking space.Perfect for professionals, students, investors, or anyone seeking the convenience and energy of downtown living. An excellent opportunity to own a well-located condo in one of Ottawa's most iconic urban communities. Ideal as a principal residence or investment property in a highly desirable downtown location. Move-in Ready!


Property Details

StyleApartment
ViewCity, Downtown
Age of property11-15
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX13416420
Community NameLowertown
Data SourceTRREB
Listing byKELLER WILLIAMS ICON REALTY

Features

Heating: Forced Air
Cooling: Central Air

Features

Patio: Encl
Balcony: Encl

7Story
Amenities

Party/Meeting Room, Rooftop Deck/Garden, Indoor Pool, Visitor Parking, Exercise Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 8, 2026
ListedActive
$325,000
23 days on market
history photo preview28
Listing by trreb®
Property listed by KELLER WILLIAMS ICON 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

52 days

Compared to

2025

48 days

2024

27 days

2023

35 days

New Listings

Past 30 days

22 listings

Compared to

2025

32 listings

2024

30 listings

2023

19 listings

Units sold

Past 30 days

9 units

Compared to

2025

9 units

2024

12 units

2023

12 units

Median Sold Price

Past 30 days

$355,000

Compared to

2025

$335,000

2024

$388,200

2023

$392,500


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