
Unit 1601, 242 Rideau Street
Ottawa (Sandy Hill), ON K1N 0B7
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

This home has been leased. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for Unit 1601, 242 Rideau Street, Ottawa, Sandy Hill
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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.
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