All Listings
704 - 242 RIDEAU Street, Ottawa, ON 28 photos

$325,000

Active
704 - 242 RIDEAU Street, Ottawa, ON· Sandy Hill
1
Bedrooms
1
Bathrooms
600-699
Sq Ft
$465–$542
Per Sq Ft
11-15
Year Built

About this Property

  • This bright and spacious 1-bedroom plus den suite offers approximately 660 sq

Welcome to one of Ottawa's most recognizable downtown condominium addresses. This bright and spacious 1-bedroom plus den suite offers approximately 660 sq. ft. of thoughtfully designed living space, plus a private balcony with partial views of Parliament Hill and a designated den area. The unit also includes a private storage locker, providing valuable additional space.Located in the heart of downtown Ottawa, this unbeatable location places you just steps from the Rideau Centre, National Arts Centre, University of Ottawa, LRT station, Parliament Hill, the ByWard Market, and countless restaurants, shops, cafés, and entertainment venues. Whether you're commuting, studying, working downtown, or enjoying city life, everything you need is right at your doorstep.Residents enjoy an exceptional lifestyle with premium amenities, including 24-hour security and concierge service, an indoor swimming pool, sauna, fitness centre, BBQ patio, and more. Parking is available for rent within the building at an affordable monthly cost, making ownership convenient even without an owned parking space.Perfect for professionals, students, investors, or anyone seeking the convenience and energy of downtown living. An excellent opportunity to own a well-located condo in one of Ottawa's most iconic urban communities. Ideal as a principal residence or investment property in a highly desirable downtown location. Move-in Ready!

Listed by KELLER WILLIAMS ICON REALTY · MLS# X13416420

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 704 - 242 RIDEAU Street, Ottawa, ON

Property TypeCondo Apartment
StyleApartment
Size600-699 sq ft

Mortgage Calculator

$
%
$
Mortgage Payment$1,597/monthly
Principal54%
Interest46%
Principal Amount$260,000
Interest$218,988
Total Payable$478,988
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$1,597
Mortgage + Expenses$1,597
$
$
$
$
$
Monthly Cash Flow-$1,597

* 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.

Similar Properties

Properties near 704 - 242 RIDEAU Street, Ottawa, ON

$325,000

704 - 242 RIDEAU Street, Ottawa, ON

Chat with Akash