#1208 242 Rideau Street - Photo 1
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Condo ApartmentActive

#1208 242 Rideau Street

Lower Town - Sandy Hill, ON K1N 0B7

$265,000

+ $362.19/mo maintenance

Studio

Bedrooms

1

Bathrooms

1

Kitchens

0-499

Sqft

0

Parking

About This Property

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 Details

MLS® NumberX12914814
Property TypeCondo Apartment
StatusActive
TransactionFor Sale
BalconyOpen
ExposureSouth
GarageUnderground
LockerOwned
Heat SourceGas
Heat TypeForced Air
CoolingCentral Air
Building NameCondominium Management Group
Cross StreetCorner of Rideau St and Cumberland
Annual Tax$2,719.37
Tax Year2025
Last UpdatedMarch 24, 2026

Interior Features

None

Maintenance Fee Includes

Heat IncludedCommon Elements IncludedBuilding Insurance IncludedWater IncludedCAC Included
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data provided by Toronto Regional Real Estate Board (TRREB). Not intended to solicit clients already under contract.

$265,000

+ $362.19/mo maintenance

Listed by: ROYAL LEPAGE SIGNATURE REALTY

Listing Info

MLS® #X12914814
CityLower Town - Sandy Hill
Postal CodeK1N 0B7
UpdatedMarch 24, 2026
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#1208 242 Rideau Street – $265,000 | Lower Town - Sandy Hill | Condlistto.ca