Rented for:Rented Sep 23, 2026
$3,000

Unit 1601, 242 Rideau Street

Ottawa (Sandy Hill), ON K1N 0B7

Condo Apartment RentedNot available

Included in Rent: Building Maintenance, Water, Heat, Common Elements, Central Air Conditioning, Parking

  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1200–1399Sq Ft
  • Oct 1Available
  • In-Suite LaundryLaundry
  • Entire PropertyFor Lease
  • Unfurnished
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has been leased. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 1601, 242 Rideau Street, Ottawa, Sandy Hill

2026-09-13
2026-09-23
Rented
Price
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MLS#
x13781366
2025-10-13
2025-11-01
Rented
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1601, 242 Rideau Street, Ottawa, Sandy Hill

Summarized Description

  • Spacious 2-bedroom, 2-bathroom corner condo.
  • Bright open-concept living with city views.
  • Floor-to-ceiling windows enhance natural light.
  • Private balcony perfect for relaxation.
  • Located near shopping, dining, and transit.
  • Includes underground parking and storage.
  • Access to excellent building amenities.
  • Available for immediate occupancy.

Experience downtown Ottawa from this impressive 2-bedroom, 2-bathroom corner condo in a prestigious Claridge building. Offering approximately 1,280 sq. ft. of bright, open-concept living space, this spacious residence combines comfort, style, and exceptional convenience. Floor-to-ceiling windows fill the unit with natural light and showcase beautiful city views. The interior features gleaming hardwood floors, granite countertops, a fully equipped kitchen, and a private balcony, the perfect place to relax and enjoy the downtown skyline. Located just steps from the CF Rideau Shopping Center, the ByWard Market, the Parliament Hill, the University of Ottawa, the Rideau Canal, restaurants, cafés, public transit, and everyday essentials, this address puts the best of Ottawa right outside your door. Residents enjoy access to excellent building amenities, including an indoor swimming pool, fitness centre, recreation and party room, bicycle racks, outdoor BBQ, and more. One underground parking space and a storage locker are also included. Rent includes heat, water, air conditioning, underground parking, storage locker, and access to the building's amenities. The tenant pays only hydro and internet. Available for immediate occupancy. Please note that pets are not permitted. At 242 Rideau Street, downtown Ottawa is more than a location-it's a lifestyle where culture, dining, entertainment, and convenience come together.

Key Facts & Features

Rental Details

Portion Of Property For Rent
Entire Property
Furnished
Unfurnished
Rent Term
12 Months
Payment Frequency
Monthly
Rental Deposit
Yes
Credit Check
Yes
Employment Letter
Yes
Rental Application
Yes
References Required
Yes

Included In Rent Fee

  • Building Maintenance
  • Water
  • Heat
  • Common Elements
  • Central Air Conditioning
  • Parking

Basement Type
None

Interior Features

Pets Permitted
No
Laundry Features
In-Suite Laundry
Interior Extras
Carpet Free, Auto Garage Door Remote, Intercom, Storage Area Lockers
View
Downtown
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building Amenities

  • Concierge
  • Elevator
  • Gym
  • Indoor Pool
  • Recreation Room
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
11-15
Condo Corp Number
962

Construction

Exposure
North
Exterior Finish
Concrete
Special Designation
Unknown

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
Exclusive
Locker Unit
1
Locker Number
20
Locker Level
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Bedroom 2—
    Flat level
  • Laundry—
    Flat level
  • Dining Room—
    Flat level
  • Foyer—
    Flat level
  • Bedroom—
    Flat level
  • Living Room—
    Flat level
  • Kitchen—
    Flat level

Washrooms

  • 3-piece, Flat

Municipality
Ottawa
Neighbourhood
Sandy Hill
Main cross streets
Rideau & Cumberland
Directions
From 417 E, Take exit 118 towards Nicholas St, Turn right onto Besserer, Turn left onto Cumberland, Destination will be on the right.
Waterfront
None

MLS® number
X13781366
Data source
Toronto Regional Real Estate Board
Status change
2026-09-23
Listed on
2026-09-13
Days on market
10 days
Possession date
2026-10-01
Possession type
Immediate
Co-op commission
1/2 month + HST (See Remark)
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for Unit 1601, 242 Rideau Street, Ottawa, Sandy Hill, Ottawa, ON. Listed for $3,000

HOMEH Estimate

?

$573,000

Estimated Sales Range

?

$452,670 - $697,000

HOMEH Estimate for Unit 1601, 242 Rideau Street, Ottawa, Sandy Hill

What this home would sell for today, not its rent

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$573,000Medium confidence
Based on 15 comparable properties

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Around this home

8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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