506 - 242 RIDEAU Street
Lower Town - Sandy Hill, ON
- 1 bed
- 1 bath
- approx. 600-699 sqft
- Condo Apartment
Fully furnished 1-bedroom, 1-bathroom condo with a private balcony at 242 Rideau Street, right in the heart of downtown Ottawa. Located on the fifth floor of Claridge Plaza Phase 3, this open-concept unit feels new with fresh paint and features like hardwood flooring, a kitchen with granite countertops, stainless steel appliances and a breakfast bar overlooking the living area. Sliding doors lead to a private balcony facing the building's landscaped interior courtyard, while the bedroom offers large windows and closet space. A full bathroom and in-suite laundry complete the unit. Beyond your front door, residents enjoy access to an indoor pool, sauna, fitness centre, party room, outdoor terrace and 24-hour concierge service. Metro is directly across the street, with the ByWard Market, CF Rideau Centre, University of Ottawa and Rideau O-Train station all within walking distance. Whether you're commuting downtown, heading out for dinner or picking up groceries, it's easy to get around without a car. Offered fully furnished for $2,000/month, with hydro and internet extra and no parking included.
Listing Details
- Listed
- October 23, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Construction
- Concrete
- Roof
- Unknown
- Foundation
- Unknown
- Interior
- Carpet Free
Parking
- Garage
- Underground
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Corner of Cumberland and Rideau Street
- Parcel Number
- 159620167
- Possession
- Flexible
- Occupancy
- Vacant
Condo
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- Open
- Amenities
- Media Room, Party Room/Meeting Room, Sauna, Concierge, Indoor Pool
Included
- Inclusions
- Stove, Dryer, Washer, Refrigerator, Dishwasher
- Exclusions
- TV excluded
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
4-piece on Main
Main
- Bathroom7'4" x 6'7"
- Great Room11'7" x 18'3"
- Kitchen16'11" x 10'8"
- Laundry7'4" x 4'6"
- Laundry7'4" x 4'6"
- Primary Bedroom11' x 9'9"
Listed by
RE/MAX HALLMARK REALTY GROUP
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
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