Lower Town - Sandy Hill, ON · · MLS® X14091088Updated
$379,800Est. $1,866/mo mortgage
589 Rideau St #101 is a 1-bedroom, 1-bathroom condo in Lower Town - Sandy Hill, listed for $379,800. It has 500-599 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Welcome to Wallis House, one of Ottawa's most unique and historic residences. Originally a 19th-century hospital, this beautifully converted building combines timeless character with modern downtown living.This exceptional one bedroom, one-bathroom unit offers a rare and versatile layout with two separate entrances one from the building and one opening directly onto your own private terrace. This unique feature provides exceptional privacy, convenience, and a seamless connection to outdoor living, creating a truly special urban retreat.The unit features beautiful hardwood flooring, a cozy fireplace, a modern kitchen, and the convenience of in-unit laundry. The thoughtfully designed layout offers a comfortable and functional living space, perfect for homeowners, professionals, or investors looking for a unique rental opportunity in the heart of downtown Ottawa.Residents can enjoy exceptional building amenities, including a rooftop terrace and guest suite, all while being steps away from Parliament Hill, the ByWard Market, restaurants, shopping, public transit, and everything downtown Ottawa has to offer.Whether you are seeking a distinctive urban home or a property with excellent rental potential, this one of a kind residence offers a rare opportunity to experience the charm and convenience of Wallis House.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $760 per square foot, 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.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Sold prices are shown free to signed-in members, as board rules require.
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195 Besserer Street
2 bd · 2 ba · Condo
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160 George Street
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405 Laurier Avenue
2 bd · 2 ba · Condo
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383 Cumberland Street
1 bd · 1 ba · Condo
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260 Besserer Street
2 bd · 2 ba · Condo
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200 Besserer Street
1 bd · 1 ba · Condo
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This homeUnit 101 — 589 Rideau Street 1 bd · 1 ba · 500 sqft | $379,800asking | $760 | — | — |
| 195 Besserer Street 2 bd · 2 ba · 1,200 sqft | ||||
| 160 George Street 2 bd · 2 ba · 2,000 sqft | ||||
| 405 Laurier Avenue 2 bd · 2 ba · 1,000 sqft | ||||
| 383 Cumberland Street 1 bd · 1 ba · 500 sqft | ||||
| 260 Besserer Street 2 bd · 2 ba · 1,000 sqft | ||||
| 200 Besserer Street 1 bd · 1 ba · 600 sqft |
2 bd · 2 ba · 1,200 sqft
2 bd · 2 ba · 2,000 sqft
2 bd · 2 ba · 1,000 sqft
1 bd · 1 ba · 500 sqft
2 bd · 2 ba · 1,000 sqft
1 bd · 1 ba · 600 sqft
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From 589 Rideau St #101. Typical times without traffic delays; transit times aren't available yet.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: IDEAL PROPERTIES REALTY, BrokerageMLS® X14091088 · Listing data last updated
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.
Other 1–2 bed homes for sale in Lower Town - Sandy Hill around $380K.
Based on 62 sales from Jul 24 – Oct 22, 2026 (88 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
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589 Rideau St #101 is listed at $379,800 (MLS® X14091088). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Lower Town - Sandy Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
No — 589 Rideau St #101 is still listed at its original asking price of $379,800.
589 Rideau St #101 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Lower Town - Sandy Hill.
The nearest rapid-transit station is Rideau Station (O-Train Line 1), about 1.4 km (about a 18-minute walk) in a straight line. UOttawa Station is about 1.5 km (about a 19-minute walk), and Lees Station is about 1.9 km (about a 24-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $1,866 a month — principal and interest on $379,800 with 20% down ($75,960), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $379,800 is about 33% below the median sold price in Lower Town - Sandy Hill over the last 90 days, $569,750, across 62 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 589 Rideau St #101 on record from the last two years. Older records aren't shown under TRREB rules.
589 Rideau St #101 is in Lower Town - Sandy Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
6 days — 589 Rideau St #101 was listed on October 16, 2026.
About $634 to $760 per square foot: the asking price of $379,800 over the 500–599 sq ft the listing gives as its size range.
Yes — the listing gives 1 parking space.
