For rent

CondoListed yesterday

242 Rideau St #1305, 4003 - Sandy Hill, Lower Town - Sandy Hill

Name: 242 Rideau Street, Unit 1305
SKU: X14105988
Price: 1950 CAD
Availability: InStock

, Lower Town - Sandy Hill, ON · · MLS® X14105988Updated October 22, 2026

$1,950/mo

Bedrooms: 1
Bathrooms: 1
Living space: 600–699sq ft
Parking spaces: 1

Type Condo
Garage Yes
Basement None

What you should know

242 Rideau St #1305 is a 1-bedroom, 1-bathroom condo in 4003 - Sandy Hill, Lower Town - Sandy Hill, for rent at $1,950/month. It has 600-699 sq ft of living space.

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.

Ask Zara:

1 Bed, 1 Bath Condo in 4003 - Sandy Hill, Lower Town - Sandy Hill

Unit 1305 at 242 Rideau Street

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 1,2026. A minimum one-year lease is required, subject to credit and reference checks, proof of income or employment, and valid government issued ID.

1 bedroom, 1 bathroom, about 600 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 #1305

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None
Furnished: Unfurnished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

242 Rideau St #1305 Price & Lease History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 22, 2026For rentListedThis listingMLS® X14105988$1,950
LeasedPreviously listedMLS® X12359092View listing (opens in a new tab)

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 #1305 Compares to the Lower Town - Sandy Hill Market

The local market around this rental, and what you need to apply.

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$49 + HST· 12 monthsOne check, every application

How it works

Your documents stay private. Whoever receives your profile sees your verification level, not your files.

Lower Town - Sandy Hill market, last 90 days

Median sold price: $569,750
Average sold price: $631,894
Average days on market: 48
Homes sold: 62

Closed sales on the TRREB MLS®.

Living in 4003 - Sandy Hill, 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 #1305. Typical times without traffic delays; transit times aren't available yet.

For homeowners nearby

Own a home on Rideau Street? See what yours is worth

Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.

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Book a tour of 242 Rideau St #1305 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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Find an agent (905) 553-8500 (main line)

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Listing brokerage: ENGEL & VOLKERS OTTAWAMLS® X14105988 · Listing data last updated October 22, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For rent· listed Oct 21

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

Similar rentals nearby in Lower Town - Sandy Hill

Other 1-bed rentals in Lower Town - Sandy Hill around $1,950/mo.

1 Bed, 1 Bath Condo in 4003 - Sandy Hill, Lower Town - Sandy Hill

Unit 1305 at 242 Rideau Street

1 bedroom, 1 bathroom, about 600 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 #1305

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None
Furnished: Unfurnished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

242 Rideau St #1305 Price & Lease History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 22, 2026For rentListedThis listingMLS® X14105988$1,950
LeasedPreviously listedMLS® X12359092View listing (opens in a new tab)

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.

How 242 Rideau St #1305 Compares to the Lower Town - Sandy Hill Market

The local market around this rental, and what you need to apply.

Summitly Verified · for renters

Have your rental profile ready

Get checked once and reuse it for 12 months. If a Summitly agent submits your application for this home, we send your verified profile with it to the listing brokerage.

IdentityChecked
IncomeChecked
DecisionAutomatic
Valid for12 months

$49 + HST· 12 monthsOne check, every application

How it works

Your documents stay private. Whoever receives your profile sees your verification level, not your files.

Lower Town - Sandy Hill market, last 90 days

Median sold price: $569,750
Average sold price: $631,894
Average days on market: 48
Homes sold: 62

Closed sales on the TRREB MLS®.

Living in 4003 - Sandy Hill, Lower Town - Sandy Hill: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Rideau StationO-Train Line 1380 m5 min walk
UOttawa StationO-Train Line 1890 m11 min walk
Parliament StationO-Train Line 11.2 km15 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Rideau Station (O-Train Line 1)5 min walk
UOttawa Station (O-Train Line 1)11 min walk
Parliament Station (O-Train Line 1)15 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Rideau Station
380 m5 minClosest· O-Train Line 1
Homes near Rideau Station
UOttawa Station
890 m11 min· O-Train Line 1
Homes near UOttawa Station
Parliament Station
1.2 km15 min· O-Train Line 1
Homes near Parliament Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 242 Rideau St #1305. Typical times without traffic delays; transit times aren't available yet.

Questions About 242 Rideau St #1305

How much is the rent at 242 Rideau St #1305?

242 Rideau St #1305 is listed for rent at $1,950 per month (MLS® X14105988). Summitly updates the rent as soon as the MLS® record changes.

How many bedrooms and bathrooms does 242 Rideau St #1305 have?

242 Rideau St #1305 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in 4003 - Sandy Hill, Lower Town - Sandy Hill.

Is 242 Rideau St #1305 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 #1305 furnished?

No — the listing says it is unfurnished.

Are pets allowed at 242 Rideau St #1305?

The listing's pet policy: No. Confirm the details for your pet with the landlord before you apply.

Has 242 Rideau St #1305 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 242 Rideau St #1305 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.

What neighbourhood is 242 Rideau St #1305 in?

242 Rideau St #1305 is in 4003 - Sandy Hill, Lower Town - Sandy Hill. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 242 Rideau St #1305 been on the market?

1 day — 242 Rideau St #1305 was listed on October 22, 2026.

Does 242 Rideau St #1305 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

Does 242 Rideau St #1305 have a basement, and is it finished?

The listing says 242 Rideau St #1305 has no basement.

How do I book a viewing of 242 Rideau St #1305 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 #1305?

The listing for 242 Rideau St #1305 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.