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About this Property
Stylish Urban Living - 242 Rideau St #1208! Discover 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 24/7 security, 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, ByWard 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!
Listed by ROYAL LEPAGE SIGNATURE REALTY · MLS# X13631380
About Sandy Hill
Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.
Features & Details
Property details of 1208 - 242 Rideau Street, Ottawa, ON
Market Insights for Condo Apartment in Sandy Hill
Based on 33 sales in the last 90 days
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
33
Avg Days on Market
41 days
Avg Price/Sq Ft
$429
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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