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404 - 589 Rideau Street

404 - 589 Rideau Street

Lower Town - Sandy Hill, ON

  • 1 bed
  • 2 bath
  • approx. 800-899 sqft
  • Condo Apartment
  • 44 days on market
$579,900

Rare opportunity to own an iconic piece of Ottawa's history! The Wallis House, built in 1873, was converted to loft-style condos in 1996. With soaring ceilings, ample natural light, and exposed brick throughout, unit 404 has been completely updated for modern living while maintaining the authentic charm and character this building is known for. With a bright new kitchen with quartz countertops, a main floor powder room, and ensuite laundry, this thoughtful layout blends an open concept with functional division. With room for both formal dining, a kitchen island with additional seating, and a home office adjacent to a generous living room with a gas fireplace, this condo accommodates any lifestyle. Upstairs, a spacious loft bedroom and newly renovated ensuite blend seamlessly with the classic features and modern comforts. Backing onto Macdonald Gardens Park, the Wallis House offers both downtown living in a prime location simultaneously and your own private escape with abundant greenspace and a rooftop terrace. Walking distance to Strathcona Park, the Ottawa River, bike trails, and the ByWard Market, this condo is a must see! Upgrades: Heat Pump 2024, Kitchen 2023, Bathroom 2026, Electrical Panel 2024, Washer/Dryer 2023, Ceiling fans 2023, Condo recently refinished front steps and added bike storage.

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Listing Details

Taxes (2026)
$4,123
Listed
August 5, 2026

Price History

Listing history

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Property

Style
Apartment
Construction
Brick
Interior
Brick & Beam, Guest Accommodations, Storage Area Lockers, Water Heater Owned

Parking

Garage
None
Covered Spaces
0
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Rideau and Charlotte
Parcel Number
155860028
Possession
Flexible
Occupancy
Owner

Condo

Maintenance Fee
$694/month
Fee Includes
Building Insurance Included, Parking Included, Common Elements Included, Water Included
Pets
Yes-with Restrictions
Locker
Exclusive
Balcony
Open

Included

Inclusions
Mirror at base of stairs, Stove, Refrigerator, Microwave, Dishwasher, Washer, Dryer

Schools

Elementary

  • École élémentaire catholique Sainte-Anne0.5 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 305 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • École élémentaire publique Francojeunesse0.6 km

    French public · CÉP de l'Est de l'Ontario · 550 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 80% met the provincial standard

  • York Street Public School0.6 km

    Public · Ottawa-Carleton DSB · 275 students

    Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard

Secondary

  • École secondaire publique De La Salle0.7 km

    French public · CÉP de l'Est de l'Ontario · 950 students

    Grade 10 literacy: 93% met the provincial standard

  • Lisgar Collegiate Institute1.7 km

    Public · Ottawa-Carleton DSB · 960 students

    Grade 10 literacy: 91% met the provincial standard

  • Ottawa Technical Secondary School2.4 km

    Public · Ottawa-Carleton DSB · 330 students

    Grade 10 literacy: 48% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1N

Population
26,639
Private dwellings
17,122
Median age
34
Average household size
1.8
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Lower Town - Sandy Hill · last 12 months

Median sold price
$478,000
Homes sold
225
Median days on market
35
Sale-to-list price
96.7%

Based on 225 recorded sales of residential condo & other properties in Lower Town - Sandy Hill over the last 12 months.

Listed by

RE/MAX ABSOLUTE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$115,980

Estimated Monthly Payment

$2,849

Land transfer tax

Estimated land transfer tax$8,073

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,849/mo (20% down, 5.5%)

Taxes: $344/mo · Insurance: $145/mo

Maint: $694/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Upgrades: Heat Pump 2024, Kitchen 2023, Bathroom 2026, Electrical Panel 2024, Washer/Dryer 2023, Ceiling fans 2023, Condo recently refinished front steps and added bike storage.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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