28 photos


$325,000
ActiveAbout 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
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 704 - 242 RIDEAU Street, Ottawa, ON
Market Insights for Condo Apartment in Sandy Hill
Based on 36 sales in the last 90 days
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
36
Avg Days on Market
40 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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