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242 Rideau Street , #1406

Lower Town - Sandy Hill, ON K1N 0B7
  • $378,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: X11984848
$378,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 600-699
    SQFT
Neighbourhood:
Type:
Condo
County:
On

School Ratings & Info

Description

Modern 1-Bedroom Condo in the Heart of ByWard Market Prime Downtown Location! Built in 2014 by renowned builder Claridge, this well-maintained 675 sq. ft. condo offers modern living in one of Ottawas most vibrant neighbourhoods. Located in the heart of ByWard Market and downtown Ottawa, everything you need is just steps away - festivals, the Rideau Canal, shops, restaurants, grocery stores, and the Rideau Centre. Its across from the new Metro store and minutes from Parliament Hill, Majors Hill Park, the University of Ottawa, and more. This condo presents an excellent investment opportunity, with strong demand from professionals and university students, ensuring high rental potential and positive cash flow. Commuting is easy with the LRT just steps away and a bus stop at your door. The unit features a smart, square layout that maximizes space. Large south-facing windows in both the living room and bedroom flood the unit with natural light. Enjoy stylish new luxury laminate flooring in the living area, durable ceramic flooring in the foyer, kitchen, and closet, granite countertops, stainless steel appliances, and ample storage. In-unit laundry and additional storage inside the unit and in a dedicated locker are included. **One underground parking space** is also provided. Step out onto the spacious balcony, perfect for relaxing in the warmer months. Residents enjoy a 7,250 sq. ft. recreation area with an indoor pool, saunas, gym, party room, landscaped outdoor terraces, and BBQs. The building offers 24-hour security, concierge service, and surveillance for added peace of mind. A $129 million revitalization plan is underway for ByWard Market, enhancing the area with a greener, more pedestrian-friendly environment. This initiative will further increase the appeal of living at 242 Rideau, making it an even more desirable place to call home. Don't miss this fantastic opportunity to own in one of Ottawas most central locations. Contact us today for your private tour!

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Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2025-03-16T23:40:55.21.
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242 Rideau Street , #1406 Lower Town - Sandy Hill, ON K1N 0B7

  • Price: $378,000
  • Status: Active
  • On Site: 20 Days
  • ID#: X11984848
1
Beds
1
Baths
0
½ Baths
N/A
Acres
600-699
SQFT
$582
$/SQFT
Neighbourhood:
4003 - Sandy Hill
County:
On
Area:
Lower Town - Sandy Hill
Property Description
Modern 1-Bedroom Condo in the Heart of ByWard Market Prime Downtown Location! Built in 2014 by renowned builder Claridge, this well-maintained 675 sq. ft. condo offers modern living in one of Ottawas most vibrant neighbourhoods. Located in the heart of ByWard Market and downtown Ottawa, everything you need is just steps away - festivals, the Rideau Canal, shops, restaurants, grocery stores, and the Rideau Centre. Its across from the new Metro store and minutes from Parliament Hill, Majors Hill Park, the University of Ottawa, and more. This condo presents an excellent investment opportunity, with strong demand from professionals and university students, ensuring high rental potential and positive cash flow. Commuting is easy with the LRT just steps away and a bus stop at your door. The unit features a smart, square layout that maximizes space. Large south-facing windows in both the living room and bedroom flood the unit with natural light. Enjoy stylish new luxury laminate flooring in the living area, durable ceramic flooring in the foyer, kitchen, and closet, granite countertops, stainless steel appliances, and ample storage. In-unit laundry and additional storage inside the unit and in a dedicated locker are included. **One underground parking space** is also provided. Step out onto the spacious balcony, perfect for relaxing in the warmer months. Residents enjoy a 7,250 sq. ft. recreation area with an indoor pool, saunas, gym, party room, landscaped outdoor terraces, and BBQs. The building offers 24-hour security, concierge service, and surveillance for added peace of mind. A $129 million revitalization plan is underway for ByWard Market, enhancing the area with a greener, more pedestrian-friendly environment. This initiative will further increase the appeal of living at 242 Rideau, making it an even more desirable place to call home. Don't miss this fantastic opportunity to own in one of Ottawas most central locations. Contact us today for your private tour!
Exterior Features

Architectural Style Apartment Balcony Type Open Construction Materials Concrete Garage Type Underground

Interior Features

Basement None Bedrooms Above Grade 1 Central Vacuum YN No Cooling Central Air Den Familyroom YN Yes Ensuite Laundry YN Yes Fireplace YN Yes Heat Type Forced Air Interior Features Storage Area Lockers Kitchens Above Grade 1 Kitchens Total 1 Laundry Features In-Suite Laundry Rooms 6 Rooms Above Grade 6 Washrooms Type1 1 Washrooms Type1 Pcs 4

Property Features

Association Amenities ConciergeElevatorExercise RoomIndoor PoolSauna Association Fee 642 Association Fee Includes Heat IncludedWater IncludedCommon Elements IncludedParking Included Covered Spaces 1 Exposure South West Heat Source Gas Occupant Type Vacant Parking Level Unit1 P7-22 Parking Spaces 0 Parking Total 1 Pets Allowed Restricted Property Sub Type Condo Apartment Property Type Residential Condo & Other Security Features Concierge/Security Special Designation Unknown Tax Annual Amount 3929 Tax Year 2024 Transaction Type For Sale Waterfront YN No

Listing courtesy of HOME RUN REALTY INC..
Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2025-03-16T23:40:55.21.
 
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