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1808 - 242 Rideau Street

1808 - 242 Rideau Street

Lower Town - Sandy Hill, ON

  • 1 bath
  • approx. 0-499 sqft
  • Condo Apartment
$297,000

An ideal opportunity for first-time buyers, investors, university students or professionals. This well-priced and move-in ready studio apartment at Claridge Plaza offers urban living at its finest. Larger than many studios (440sq ft) this home features a welcoming foyer with tile flooring and two closets, an open-concept living area with hardwood floors, large windows, a private balcony overlooking a landscaped yard, an upgraded kitchen equipped with stainless steel appliances and quartz countertops, and a modern bathroom with a quartz vanity and full tub. In-unit laundry for your convenience. Storage locker included in the price. Freshly painted ( summer 2026) and tastefully decorated. Residents enjoy top-tier building amenities including large welcoming entrance hall, heated saltwater pool, gym, outdoor terrace, party lounge, theatre room, business center, and 24/7 concierge and security. Well run condo building situated in the heart of the city's cultural hub with public transit right at your doorstep. Walking distance to Parliament Hill, the University of Ottawa, the Rideau Centre, the National Arts Centre, Ottawa Art Gallery, National Gallery of Canada and the ByWard Market. Schedule your viewing today!

Listing Details

Taxes (2026)
$2,843
Listed
October 19, 2026

Price History

Property

Style
1 Storey/Apt
Age
11-15
Construction
Concrete
Roof
Flat
Foundation
Poured Concrete
Interior
Carpet Free

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Cumberland
Zoning
Residential
Parcel Number
159620285
Possession
Flexible
Occupancy
Tenant

Condo

Maintenance Fee
$362/month
Fee Includes
Heat Included, Water Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
Owned
Balcony
Enclosed
Amenities
Concierge, Elevator, Gym, Indoor Pool, Party Room/Meeting Room, Sauna

Included

Inclusions
Refrigerator, Stove, Dishwasher, Washer, Dryer
Exclusions
None
Rental Items
None

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
$470,000
Homes sold
211
Median days on market
35
Sale-to-list price
96.9%

Based on 211 recorded sales of residential condo & other properties in Lower Town - Sandy Hill over the last 12 months.

Rooms

3-piece on Main

Main

  • Foyer3'7" x 10'
  • Great Room15'7" x 10'5"
  • Kitchen8'7" x 7'7"

Listed by

ROYAL LEPAGE PERFORMANCE REALTY

Walk Score

99

Walk

91

Transit

Scores by Walk Score®

Mortgage Calculator

$59,400

Estimated Monthly Payment

$1,459

Land transfer tax

Estimated land transfer tax$2,930

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: $1,459/mo (20% down, 5.5%)

Taxes: $237/mo · Insurance: $74/mo

Maint: $362/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 landscaped yard. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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