Unit 204 — 242 Rideau Street
Sandy HillOttawa, ONK1N 0B7Near Rideau St
- 1 bed
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
Ideally located in the vibrant core of downtown Ottawa, this stylish 1-bedroom condominium offers exceptional urban living complete with Underground parking and a storage locker. Step inside to a carpet-free interior featuring hardwood and tile flooring throughout. The modern kitchen is functional showcasing granite countertops, a sleek subway tile backsplash, stainless steel fridge and stove and an extended breakfast bar-perfect for casual dining or entertaining guests. Designed with an open-concept layout, the living space is enhanced by expansive floor-to-ceiling windows creating a bright and airy ambiance. A thoughtfully designed nook provides the perfect space for a study area-ideal for today's flexible lifestyle. From the living area, step onto the oversized private balcony! The ample size bedroom offers comfort and versatility, while the contemporary 3-piece bathroom features a modern design complete with an oversized walk-in shower. IN-SUITE LAUNDRY adds everyday convenience. Residents enjoy access to an impressive array of amenities, including an indoor pool, fully equipped fitness centre & party room with full kitchen. Unbeatable location just steps to the University of Ottawa, Parliament Hill and the Rideau Centre. With Ottawa U only an 10-minute walk away, this property is an excellent opportunity for investors or parents seeking a well-located home for a student. All amenities within walking distance! Condo fees include building insurance, heat, water/sewer, recreation facilities, property management, and common area maintenance-offering a truly turnkey lifestyle.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 17, 2026 | Price reducedCurrent | Reduced | $329,900 | −$15,000 (4.3%) | X12902864 | This page |
| Mar 20, 2026 | ListedCurrent | For sale | $344,900 | — | X12902864 | This page |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
2- Heating
- Forced Air
- Air conditioning
- Central Air
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Public Transit
- Rec./Commun.Centre
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Ottawa market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Ottawa market right now
Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.
- Avg sold price$724,055Last 30 days
- Median sold price$651,470Middle of the market
- Days on market29 dAvg from list to close
- Closed last 30d2,898MLS® transactions
We'll get you into Unit 204 — 242 Rideau Street — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 204 — 242 Rideau Street and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is Unit 204 — 242 Rideau Street listed for?
Unit 204 — 242 Rideau Street is listed at $329,900 on the MLS® (listing X12902864). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does Unit 204 — 242 Rideau Street have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
