Indoor foyer for 242 Rideau St #PH1-2702, Ottawa Ontario K1N 0B7
1 day on Market

242 Rideau St #PH1-2702, Ottawa, Ontario K1N 0B7

In the same building:
-
Condo
2
2
~900-999 sqft
$635,000
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$3,175Cashback
Condo
2
2
~900-999 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$670/sqft

Monthly cost

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+12

Properties sold*

$388K

Median sold price*

*Based on last 30 days

Description

Discover the pinnacle of luxury living in this stunning 27th-floor penthouse with over 985 sq feet of living space, where sophistication meets breathtaking views. This exquisite two-bedroom with dedicated den, two-bathroom residence features a premium P2 parking space conveniently located by the elevator, alongside a spacious storage room perfect for all your needs. You'll discover an expansive layout featuring quality engineered hardwood and marble flooring throughout. The stylish kitchen is a culinary enthusiast's dream, complete with a generous granite breakfast bar and ample cupboard space. The primary bedroom is a true sanctuary, featuring double closet doors that open to an expansive, double-wide balcony with stunning views of the Gatineau Hills, Ottawa River, and Parliament. The luxurious 4-piece en-suite bathroom adds a touch of class and comfort. The second bedroom is equally inviting, offering additional storage, large windows for abundant natural light, and easy access to a spacious bathroom. Additionally, a cozy den area serves as the perfect home office or reading nook, and for your convenience, an in-unit washer and dryer are included. This penthouse offers a vibrant lifestyle, ideally located steps away from transit, grocery stores, and a variety of restaurants. Enjoy easy access to nearby amenities such as the Rideau Centre, the University of Ottawa, and the lively ByWard Market. The building provides 24/7 full security and concierge services for your peace of mind. Residents can indulge in exclusive amenities, including an indoor pool, sauna, lounge, party room, theatre, meeting room, and a breathtaking terrace equipped with barbecues perfect for entertaining while enjoying stunning sunsets and occasional fireworks displays. This penthouse is more than just a home; it's an unparalleled urban elegant lifestyle. I invite you to experience it for yourself.


Property Details

StyleApartment
ViewDowntown, Panoramic, Hills
Age of property-
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12252855
Community NameLowertown
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Foyer

0.0 x 0.0

Combined W/Laundry / Tile Floor

Living

6.19 x 3.35

Combined W/Dining / W/O To Balcony / hardwood floor

Kitchen

2.32 x 2.23

Tile Floor / Granite Counter / Backsplash

Den

1.55 x 1.53

Hardwood Floor


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


27Story
Elevator
Amenities

Concierge, Elevator, Gym, Indoor Pool, Sauna, Recreation Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 30, 2025
ListedActive
$635,000
1 day on market
history photo preview45
Listing by trreb®

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

48 days

Compared to

2024

27 days

2023

35 days

2022

14 days

New Listings

Past 30 days

32 listings

Compared to

2024

30 listings

2023

19 listings

2022

28 listings

Units sold

Past 30 days

9 units

Compared to

2024

12 units

2023

12 units

2022

9 units

Median Sold Price

Past 30 days

$335,000

Compared to

2024

$388,200

2023

$392,500

2022

$395,000


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