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204 - 242 Rideau Street, Ottawa, ON — photo 1
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$324,900

Active
204 - 242 Rideau Street, Ottawa, ON· Sandy Hill
1
Bedrooms
1
Bathrooms
600-699
Sq Ft
$465–$542
Per Sq Ft
1
Underground Parking

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About this Property

  • Step inside to a carpet-free interior featuring hardwood and tile flooring throughout

Ideally located in the vibrant core of downtown Ottawa, this stylish 1-bedroom condominium offers exceptional urban living complete with UNDERGROUND PARKING and a STORAGE locker. Step inside to a carpet-free interior featuring hardwood and tile flooring throughout. The modern kitchen is functional showcasing granite countertops, a sleek subway tile backsplash, stainless steel fridge and stove and an extended breakfast bar-perfect for casual dining or entertaining guests. Designed with an open-concept layout, the living space is enhanced by expansive floor-to-ceiling windows creating a bright and airy ambiance. A thoughtfully designed nook provides the perfect space for a study area-ideal for today's flexible lifestyle. From the living area, step onto the oversized private balcony! The ample size bedroom offers comfort and versatility, while the contemporary 3-piece bathroom features a modern design complete with an oversized walk-in shower. IN-SUITE LAUNDRY adds everyday convenience. Residents enjoy access to an impressive array of amenities, including an indoor pool, fully equipped fitness centre & party room with full kitchen. Unbeatable location just steps to the University of Ottawa, Parliament Hill and the Rideau Centre. With Ottawa U only an 10-minute walk away, this property is an excellent opportunity for investors or parents seeking a well-located home for a student. All amenities within walking distance! Condo fees include building insurance, heat, water/sewer, recreation facilities, property management, and common area maintenance-offering a truly turnkey lifestyle.

Listed by ROYAL LEPAGE PERFORMANCE REALTY · MLS# X13639736

About Sandy Hill

University Urban · Avg $550K

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.

Avg Home Price$550K
Walk Score91
Embassies10+
Walk to Downtown10 min
View Full Sandy Hill Guide

Features & Details

Property details of 204 - 242 Rideau Street, Ottawa, ON

Property TypeCondo Apartment
StyleApartment
Size600-699 sq ft
Total Parking1

Mortgage Calculator

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%
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Mortgage Payment$1,596/monthly
Principal54%
Interest46%
Principal Amount$259,920
Interest$218,921
Total Payable$478,841
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$1,596
Mortgage + Expenses$1,596
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$
$
$
$
Monthly Cash Flow-$1,596

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

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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