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1 Bed, 1 Bath Condo in Lower Town - Sandy Hill
Unit 206 at 242 Rideau Street
Welcome to 242 Rideau Street, a spacious Fully furnished, 855 sq. ft. unit complete with a STORAGE LOCKER, ideally situated on the second floor of a well-maintained Claridge-built building in the heart of downtown Ottawa. Perfectly positioned within walking distance of everything you need-shopping, restaurants, transit, the University of Ottawa, the Rideau Centre, and the ByWard Market-you're also just steps away from the city's vibrant nightlife and endless excitement.The bright, open-concept floor plan includes a contemporary kitchen with stainless steel appliances and island seating, a stylish 3-piece bathroom with modern tile finishes, and the added convenience of in-unit laundry. Step out onto your private balcony to take in lively downtown views.Residents can also enjoy exceptional building amenities, including an indoor swimming pool, security, a fully equipped gym, a conference room, and an inviting common lounge. Tenant pays hydro. *Parking available at an additional cost of $180/month* landlord open to short and long term rental options.
1 bedroom, 1 bathroom, about 800 sq ft, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 242 Rideau St #206
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
800-899 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Furnished
Furnished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
242 Rideau St #206 Price & Lease History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
See what it sold for, free. Board rules need a free account before we can show sold and past prices.
Sourced from MLS®. Includes earlier listings of this property on record.
The local market
How 242 Rideau St #206 Compares to the Lower Town - Sandy Hill Market
The local market around this rental, and what you need to apply.
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Lower Town - Sandy Hill market, last 90 days
Median sold price
$599,000
Average sold price
$597,813
Average days on market
48
Homes sold
54
Closed sales on the TRREB MLS®.
Living in Lower Town - Sandy Hill: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 242 Rideau St #206. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Book a tour of 242 Rideau St #206 with a licensed agent
A licensed agent can arrange a viewing, answer questions about the lease and help you put your application together.
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Zara · AI virtual agent
Ask about 242 Rideau St #206 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent books the viewing with the listing brokerage, answers questions about the lease and helps with your application.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar rentals nearby in Lower Town - Sandy Hill
Other 1–2 bed rentals in Lower Town - Sandy Hill around $2,200/mo.
242 Rideau St #206 is listed for rent at $2,200 per month (MLS® X13814510). Summitly updates the rent as soon as the MLS® record changes.
How many bedrooms and bathrooms does 242 Rideau St #206 have?
242 Rideau St #206 has 1 bedroom and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Lower Town - Sandy Hill.
Is 242 Rideau St #206 close to transit?
The nearest rapid-transit station is Rideau Station (O-Train Line 1), about 380 m (about a 5-minute walk) in a straight line. UOttawa Station is about 890 m (about a 11-minute walk), and Parliament Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Is 242 Rideau St #206 furnished?
Yes — the listing says it is furnished.
Has 242 Rideau St #206 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 242 Rideau St #206 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 242 Rideau St #206?
242 Rideau St #206 is in Lower Town - Sandy Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 242 Rideau St #206 been on the market?
48 days — 242 Rideau St #206 was listed on September 21, 2026.
Does 242 Rideau St #206 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 242 Rideau St #206 have a basement, and is it finished?
The listing says 242 Rideau St #206 has no basement.
How do I book a viewing of 242 Rideau St #206 or apply to rent it?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage, then helps you put together your rental application.
What is the property tax for 242 Rideau St #206?
The listing for 242 Rideau St #206 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lower Town - Sandy Hill.
When was 242 Rideau St #206 built?
The listing for 242 Rideau St #206 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.