Balcony in the apartment, city buildings view from balcony for 242 Rideau St #709, Ottawa Ontario K1N 0B7
21 days on Market

242 Rideau St #709, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
1
~700-799 sqft
$425,000
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$2,125Cashback
Condo
2
1
~700-799 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$569/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$445K

Median sold price*

*Based on last 30 days

Description

Flooring: Tile, Flooring: Mixed, Welcome to this spacious Corner unit 2 bedroom Downtown Ottawa condo(740 sq ft) . just a short walk to Rideau Center, Parliament Hill, University of Ottawa,the Byward Market and the Transitway. Gorgeous kitchen with stainless steel appliances and breakfast bar are adjacent to the open concept living room. Retreat to your private sanctuary & unwind on a large balcony.Convenient in-suite laundry Amenities . Master bedroom offers closets and big window. 2nd bedroom with 3 windows offers versatility--can be used as home office, guest room, or cozy reading nook. The underground parking & storage unit is conveniently situated across from the elevator door, ensuring easy access to your vehicle.Enjoy the gym,swimming pool & the amazing 24-hour concierge service. Condo fees include Heat & AC. Perfect for young professionals, students or savvy investors.


Property Details

Style1 Storey/Apt
View-
Age of property11-15
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12367869
Community NameLowertown
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

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


7Story
Inclusions
Hydro
Water
Parking
Cable
Heat

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

80 days

Compared to

2024

40 days

2023

30 days

2022

32 days

New Listings

Past 30 days

24 listings

Compared to

2024

31 listings

2023

21 listings

2022

17 listings

Units sold

Past 30 days

8 units

Compared to

2024

5 units

2023

2 units

2022

12 units

Median Sold Price

Past 30 days

$349,500

Compared to

2024

$445,000

2023

$342,500

2022

$404,100


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