Stylish Urban Living - 242 Rideau St #1208Discover the best of downtown Ottawa in this stylish, sun-filled studio condo at 242 Rideau St #1208! This bright and inviting unit,built in 2014 by Claridge Homes, boasts hardwood and tile flooring,elegant granite countertops, sleek stainless steel appliances, in-unit laundry, and ample storage space. Enjoy your morning coffee on the South-facing balcony, offering vibrant cityscape views. Additional perks include a separate storage locker and ultra-low condo fees that conveniently cover heat and water. Plus, the unit comes with a new Frigidaire refrigerator (April 2025)!The building has been recently renovated, showcasing modern finishes throughout. Residents enjoy top-notch amenities, including 24/7security, an indoor pool, sauna, gym, party room, and a spacious outdoor terrace with BBQs. Ideally located just steps from the University of Ottawa, this condo is perfect for students, faculty, and staff. You're also within walking distance of iconic landmarks such as Parliament Hill, By Ward Market, Rideau Canal, Rideau Centre, and the National Gallery of Canada. With a Metro supermarket directly across the street and O-Train Rideau Station just steps away, convenience is built into your everyday routine.An exceptional investment opportunity with high rental demand, this condo is ideal for first-time buyers or savvy investors looking for a truly special space.An unbranded virtual tour is available via the Virtual Tour URL for your convenience!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Bachelor/Studio
Total Approx Floor Area:
0-499
Exposure:
South
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
12
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
Owned
Family Room:
No
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$362.19
Maintenance fees include:
Heat Included, Common Elements Included, Building Insurance Included, Water Included, CAC Included
Assessment Year:
2025
Taxes:
$2,719.37 /
2025
Assessment:
$- /
2025
Ottawa
Lower Town - Sandy Hill
4003 - Sandy Hill
Arts Centre, Library, Park, Public Transit
None
Concierge/Security
Yes-with Restrictions
Concrete
Concierge, Exercise Room, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
Data was last updated March 24, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$417,900
Min list price:
$299,000
Max list price:
$1,049,000
Avg days on market:
40
Min days on market:
1
Max days on market:
334
These statistics are generated based on the current listing's property type
and located in
4003 - Sandy Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.