1906 - 242 Rideau Street
Lower Town - Sandy Hill, ON
- 1 bed
- 1 bath
- approx. 600-699 sqft
- Condo Apartment
- 16 days on market
Step into a home where every corner feels intentional and thoughtfully designed. This SPACIOUS one bedroom condo unfolds across 675 square feet of open concept living, where the kitchen, dining, and living spaces flow together in a way that feels effortlessly connected and wonderfully EXPANSIVE. Upgraded pot lights add a WARM touch throughout, illuminating the thoughtfully designed U-shaped kitchen, finished with granite countertops and stainless steel appliances built for both function and beauty. The four piece bathroom offers GENEROUS counter space, and a dedicated laundry room with storage keeps everyday living effortless. The bedroom is a PEACEFUL retreat with a full sized closet and its own walkout to the balcony, where southwest exposure frames a view over the rooftop terrace below and out toward the trees and buildings of King Edward Street. Picture biking the Rideau Canal on a GOLDEN morning, or skating it straight to work when winter rolls in, this is downtown Ottawa living at its most ALIVE. ByWard Market, Rideau Centre, and the University of Ottawa are all at your doorstep, grocery runs turn into strolls, ice cream trips become daily joy, and Parliament Hill and the Gatineau Hills feel like your own backyard. This isn't just a condo, it's a LIFESTYLE waiting for you, come see it, and picture yourself calling it home.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $3,899
- Listed
- September 2, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Age
- 11-15
- Construction
- Concrete, Stone
- Interior
- Primary Bedroom - Main Floor, Carpet Free
Parking
- Garage
- Underground
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Heat Source
- Ground Source
Location & Legal
- Cross Street
- Rideau Street and Cumberland Street
- Parcel Number
- 159620292
- Possession
- Flexible
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $555/month
- Fee Includes
- Heat Included, Water Included, Building Insurance Included, Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- Open
- Amenities
- Exercise Room, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Included
- Inclusions
- Dishwasher, Dryer, Microwave/Hood Fan, Refrigerator, Stove, Washer
Schools
Elementary
- 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
- École élémentaire catholique Sainte-Anne0.7 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
Secondary
- Lisgar Collegiate Institute0.8 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
- École secondaire publique De La Salle0.8 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Urban Aboriginal Alternate High School1.9 km
Public · Ottawa-Carleton DSB
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.
Rooms
4-piece on Main
Main
- Kitchen10'7" x 6'6"
- Living Room18'3" x 11'7"
- Primary Bedroom12'8" x 10'3"
Listed by
EXP REALTY
Walk Score
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Location
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Mortgage Calculator
$63,600
Estimated Monthly Payment
$1,562
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,562/mo (20% down, 5.5%)
Taxes: $325/mo · Insurance: $80/mo
Maint: $555/mo
Estimates only. Consult a financial advisor.
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