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1305 - 242 Rideau Street

1305 - 242 Rideau Street

Lower Town - Sandy Hill, ON

  • 1 bed
  • 1 bath
  • approx. 600-699 sqft
  • Condo Apartment
$1,950/moFor Lease

Stunning 1-bedroom condo for lease in the heart of the ByWard Market! This modern and spacious 625 square feet unit offers a practical layout with high-end finishes throughout. The bright kitchen features granite countertops, stainless steel appliances, and opens to a large living and dining area, perfect for both relaxing and entertaining. Gleaming hardwood and tile floors flow throughout the unit, making it feel fresh and immaculate. Enjoy a full suite of building amenities, including an indoor pool, fitness centre, sauna, party room, theatre room, outdoor lounge, and 24-hour security. With a Walk Score of 97, you're steps from the Rideau Centre, Ottawa U, the LRT, and all the dining, shopping, and entertainment the ByWard Market has to offer. 1 Storage locker included. Underground parking is available for an additional cost of $175/month. Available January 1, 2027. A minimum one-year lease is required, subject to credit and reference checks, proof of income or employment, and valid government issued ID.

Listing Details

Listed
October 22, 2026

Price History

Listing history

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Property

Style
Apartment
Construction
Concrete
Interior
None

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Rideau St. / Cumberland St.
Possession
60-89 days
Occupancy
Tenant

Condo

Pets
No
Locker
Owned
Balcony
Open
Amenities
Indoor Pool, Exercise Room, Sauna, Party Room/Meeting Room, Media Room

Included

Inclusions
Refrigerator, Stove, Dishwasher, Microwave/Hood Fan, Washer, Dryer
Exclusions
Tenant Belongings, Underground Parking ($175/mo. extra)

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.

Rooms

3-piece

Main

  • Kitchen6'7" x 9'11"
  • Living Room10'9" x 18'10"
  • Primary Bedroom9'6" x 11'

Listed by

ENGEL & VOLKERS OTTAWA

Walk Score

Walk Score is unavailable for this address right now.

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