
404 - 589 Rideau Street
Lower Town - Sandy Hill, ON
- 1 bed
- 2 bath
- approx. 800-899 sqft
- Condo Apartment
- 44 days on market
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.
Virtual Tour
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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
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Location
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Mortgage Calculator
$115,980
Estimated Monthly Payment
$2,849
Land transfer tax
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
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Mortgage: $2,849/mo (20% down, 5.5%)
Taxes: $344/mo · Insurance: $145/mo
Maint: $694/mo
Estimates only. Consult a financial advisor.
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