Patio, building for 589 Rideau St #405, Ottawa Ontario K1N 6A1
18 hours on Market

589 Rideau St #405, Ottawa, Ontario K1N 6A1

In the same building:
-
Condo
1
1
~0-499 sqft
$425,000
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$2,125Cashback
Condo
1
1
~0-499 sqft

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Highlights

Property Estimate

Days on market18 hours

Estimated valueNot available

Price/Sqft$426/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$485K

Median sold price*

*Based on last 30 days

Description

Step into this stunning one bedroom loft in Ottawa's iconic Wallis House, where heritage charm meets modern urban living. Soaring 14-foot ceilings and massive south facing windows flood the space with natural light, highlighting the dramatic exposed brick wall and open-concept layout. The kitchen flows seamlessly into the living space, perfect for entertaining or enjoying cozy evenings by the gas fireplace. Enjoy the convenience of in-suite laundry and the character of a space that blends warmth, history and functionality. Located in a prime downtown location close to the Byward Market, Parliament Hill, the Rideau Canal, the National Art Centre and many of Ottawa's best restaurants and cafes. This is more than a home...it's an opportunity to own a piece of Ottawa's history while enjoying a vibrant urban lifestyle.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12319337
Community NameSandy Hill - Ottawa East
Data SourceTRREB
Listing byCOLDWELL BANKER FIRST OTTAWA REALTY

Features

Heating: Baseboard
Cooling: Other
Fireplace

2nd Floor

Br

2.94 x 2.61


Parking

Garage spaces -

Garage type -

Total parking spaces 1


4Story
Amenities

Rooftop Deck/Garden, Guest Suites

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 1, 2025
ListedActive
$425,000
18 hours on market
history photo preview34
Listing by trreb®

Market Data - Sandy Hill - Ottawa East

Geo Zone Map ThumbnailSandy Hill - Ottawa East

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

54 days

Compared to

2024

20 days

2023

19 days

2022

20 days

New Listings

Past 30 days

19 listings

Compared to

2024

8 listings

2023

8 listings

2022

4 listings

Units sold

Past 30 days

5 units

Compared to

2024

3 units

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$397,000

Compared to

2024

$485,000

2023

$518,000

2022

$564,950


Population and Demographics

Overview

Total population 9471
Average household income $131,814

Age (%)

0 to 19
16%
20 to 34
41%
35 to 49
15%
50 to 64
15%
65 and plus
13%

Household composition (%)

Single person
51%
Single family
34%
Multi person
15%
Multi family
0%

Mother tongue (%)

English
59%
French
21%
English and French
4%
Others
4%
Arabic
4%
Mandarin
2%
Spanish
2%
French and non-official language(s)
2%

House tenancy (%)

Renters
76%
Owners
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget