Listed for:Listed Aug 5, 2026
$300,000

Unit 204, 242 Rideau Street

Ottawa (Sandy Hill), ON K1N 0B7

Condo Apartment For Sale
Claridge Plaza 3 & 4 exteriorClaridge Plaza 3 & 428 storeys, 233 suites, built 2016
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 204, 242 Rideau Street, Ottawa, Sandy Hill

No listing history available

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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 204, 242 Rideau Street, Ottawa, Sandy Hill

Summarized Description

  • Stylish 1-bedroom condo in downtown Ottawa
  • Private balcony with expansive views
  • Open-concept layout with modern kitchen
  • In-suite laundry for convenience
  • Vibrant location near University of Ottawa
  • Turnkey lifestyle with underground parking
  • Access to impressive building amenities
  • Ideal for investors or students

EXCEPTIONAL VALUE! PRICED TO SELL! AN INCREDIBLE OPPORTUNITY TO OWN IN THE HEART OF DOWNTOWN OTTAWA FOR JUST $300,000! Whether you're a first-time buyer, investor, professional, or parent looking for a home for your university student, this well-located 1-bedroom condominium offers outstanding value at its newly reduced price! UNDERGROUND PARKING AND STORAGE LOCKER INCLUDED! Enjoy a bright, carpet-free interior featuring hardwood and tile flooring, an open-concept living and dining area, and expansive floor-to-ceiling windows that fill the space with natural light. The functional kitchen features granite countertops, subway tile backsplash, stainless steel fridge and stove, and an extended breakfast bar. A versatile nook provides the perfect space for a home office or study area. Step outside onto your oversized private balcony, ideal for relaxing or entertaining. The generously sized bedroom offers comfort and functionality, while the contemporary 3-piece bathroom features an oversized walk-in shower. Convenient IN-SUITE LAUNDRY! Residents enjoy fantastic building amenities, including an indoor swimming pool, fully equipped fitness centre, and party room with a full kitchen. LOCATION, LOCATION, LOCATION! Just steps from the University of Ottawa, Parliament Hill, Rideau Centre, restaurants, shopping, and public transit. Condo fees include heat, water/sewer, building insurance, recreation facilities, property management and common area maintenance. OUTSTANDING DOWNTOWN VALUE WITH PARKING AND STORAGE INCLUDED! DON'T MISS THIS OPPORTUNITY!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,946
Land Transfer Tax Fee
$2,975

Condo/Maintenance Fee

Maintenance Fee
$630 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Storage Area Lockers
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Concierge
  • Elevator
  • Exercise Room
  • Indoor Pool
  • Party Room/Meeting Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
962

Construction

Exposure
North
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
Fridge, Stove, Microwave/Hood-fan, Dishwasher, Washer, Dryer

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Unit
59
Locker Number
59
Locker Level
G

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
1
Kitchens
1

Room sizes

  • Bedroom—
    Main level, Hardwood Floor
  • Living Room—
    Main level, W/O To Balcony, Hardwood Floor
  • Laundry—
    Main level
  • Kitchen—
    Main level, Breakfast Bar, Granite Counters
  • Other—
    Main level
  • Bathroom—
    Main level

Washrooms

  • 3-piece, Main

Municipality
Ottawa
Neighbourhood
Sandy Hill
Main cross streets
Rideau St
Directions
Nicholas St. right on Besserer St., left on Cumberland St., right on Rideau St. OR King Edward Ave to Rideau St.

MLS® number
X13639736
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-05
Updated on
2026-10-13
Days on market
76 days
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
ROYAL LEPAGE PERFORMANCE REALTY

Home Market Value

Current home valuation for Unit 204, 242 Rideau Street, Ottawa, Sandy Hill, Ottawa, ON. Listed for $300,000

HOMEH Estimate

?

$317,800

Estimated Sales Range

?

$273,066 - $385,833

HOMEH Estimate for Unit 204, 242 Rideau Street, Ottawa, Sandy Hill

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

$317,800High confidence
Based on 15 comparable properties
− $17,800 (6%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$15,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$11,400$8,370$7,140$0
=Total mortgage
$296,400$278,370$262,140$240,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,447monthly$1,359monthly$1,280monthly$1,172monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$2,975

Total Land Transfer Tax

$2,975

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