7 hours on Market

242 Rideau St #803, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
1
1
~600-699 sqft
$324,900
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$503/sqft

Monthly cost

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Description

Welcome to Unit 803 at 242 Rideau Street, a bright and modern condo located in the heart of downtown Ottawa. Situated in Claridge Plaza Phase III, this well-designed Howston model offers an open-concept layout and an unbeatable location just steps from the ByWard Market, Rideau Centre, the University of Ottawa, and the Rideau LRT station. The main living space features hardwood flooring and large windows that bring in plenty of natural light while showcasing city views. The open-concept design seamlessly connects the kitchen and living area, creating a functional layout ideal for both everyday living and entertaining. The kitchen offers sleek white cabinetry, stainless steel appliances, generous counter space, and a breakfast bar with seating. The living area is bright and comfortable with direct access to a private balcony overlooking the downtown skyline. The spacious bedroom features large windows and ample closet space, while the full bathroom includes a large vanity, tiled flooring, and a bathtub and shower combination. The unit also includes the convenience of in-suite laundry. Residents enjoy access to excellent building amenities including an indoor pool, fitness centre, party room, rooftop terrace, concierge service, and secure building access. Located in one of Ottawa's most walkable neighbourhoods, you are just steps from restaurants, cafés, shopping, entertainment, and transit, with Parliament Hill, the Rideau Canal, and the University of Ottawa all within easy walking distance. An ideal opportunity for professionals, students, or investors seeking comfortable downtown living in a well-managed building.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12963644
Community NameLowertown
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Other, None

Main Floor

Living

3.35 x 5.43

Br

3.04 x 3.35

Den

3.04 x 1.6

Kitchen

2.0 x 3.04


Features

Patio: Open
Balcony: Open

8Story
Elevator
Amenities

Party/Meeting Room, Sauna, Concierge, Indoor Pool, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX HALLMARK REALTY GROUP, 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

21 days

Compared to

2025

49 days

2024

37 days

2023

27 days

New Listings

Past 30 days

31 listings

Compared to

2025

25 listings

2024

28 listings

2023

14 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

6 units

2023

7 units

Median Sold Price

Past 30 days

$318,000

Compared to

2025

$427,000

2024

$517,500

2023

$485,000


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