Sold for:Sold Jan 26, 2026
$435,000

Unit 502, 242 Rideau Street

Ottawa (Sandy Hill), ON K1N 0B7

Condo Apartment SoldNot available
Claridge Plaza 3 & 4 exteriorClaridge Plaza 3 & 428 storeys, 233 suites, built 2016
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 502, 242 Rideau Street, Ottawa, Sandy Hill

2026-01-07
2026-01-26
Sold
Price
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MLS#
x12674158
2025-09-03
2026-01-01
Expired
Price
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2025-05-21
2025-09-05
Terminated
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 502, 242 Rideau Street, Ottawa, Sandy Hill

Discover refined downtown living in this beautifully 2-bedroom + den condo, ideally situated in one of Ottawa's most dynamic neighbourhoods. Recently painted and truly move-in ready, this well-designed residence showcases hardwood flooring throughout and a kitchen complete with granite countertops, stainless steel appliances, and contemporary cabinetry-perfect for both daily living and hosting guests. The generous primary bedroom features a walk-in closet and an ensuite bathroom, while the flexible den offers an ideal space for a home office, study, or quiet retreat. Floor-to-ceiling windows flood the unit with natural light, and the private balcony provides stunning city views-your own urban escape. Residents enjoy access to outstanding building amenities, including 24/7 security, an indoor pool, a fully equipped fitness centre, a party room, and an expansive 3,000+ sq. ft. rooftop terrace. This unit also includes underground parking and a storage locker for added convenience. Located just steps from grocery stores, the University of Ottawa, the NAC, Parliament Hill, LRT access, and a wide selection of shops and restaurants, this home delivers the perfect balance of comfort, style, and unbeatable location. A fantastic opportunity to own a modern condo in the heart of the city-schedule your private showing today.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,252
Land Transfer Tax Fee
$5,175

Condo/Maintenance Fee

Maintenance Fee
$860 /month

Included In Maintenance Fee

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

Rental Items

Rental Equipment
None

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
None
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
962

Construction

Exposure
North
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
Fridge, Stove, Hood Fan, Dishwasher, Washer, Dryer

Exclusions

Exclusions
None

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
18
Locker Level
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Den—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece, Main

Municipality
Ottawa
Neighbourhood
Sandy Hill
Main cross streets
Rideau and Cumberland
Directions
Rideau and Cumberland

MLS® number
X12674158
Data source
Toronto Regional Real Estate Board
Status change
2026-01-26
Listed on
2026-01-07
Days on market
19 days
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
SOLID ROCK REALTY

Home Market Value

Current home valuation for Unit 502, 242 Rideau Street, Ottawa, Sandy Hill, Ottawa, ON. Listed for $435,000

HOMEH Estimate

?

$416,500

Estimated Sales Range

?

$329,035 - $503,965

HOMEH Estimate for Unit 502, 242 Rideau Street, Ottawa, Sandy Hill

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

$416,500Medium confidence
Based on 14 comparable properties
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

$21,750

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$16,530$12,137$10,353$0
=Total mortgage
$429,780$403,637$380,103$348,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,098monthly$1,971monthly$1,856monthly$1,699monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$5,175

Total Land Transfer Tax

$5,175

Around this home

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