Listed for:Listed 1 day ago
$2,000

Unit 506, 242 Rideau Street

Ottawa (Sandy Hill), ON K1N 0B7

Condo Apartment For Rent

Included in Rent: Building Insurance, Common Elements, Heat, Water

  • 1Bedroom
  • 1Bathroom
  • 0Parking
  • 600–699Sq Ft
  • Nov 1Available
  • EnsuiteLaundry
  • Entire PropertyFor Lease
  • Furnished
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Sale & Price History for Unit 506, 242 Rideau Street, Ottawa, Sandy Hill

No listing history available

Real estate boards require you to or to see the full details of this property.

*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 506, 242 Rideau Street, Ottawa, Sandy Hill

Summarized Description

  • Fully furnished 1-bedroom condo in downtown Ottawa.
  • Open-concept design with hardwood flooring.
  • Private balcony overlooking landscaped courtyard.
  • Kitchen features granite countertops and stainless steel appliances.
  • In-suite laundry for convenience.
  • Access to indoor pool and fitness centre.
  • Walking distance to ByWard Market and transit.
  • Offered at $2,000/month plus utilities.

Fully furnished 1-bedroom, 1-bathroom condo with a private balcony at 242 Rideau Street, right in the heart of downtown Ottawa. Located on the fifth floor of Claridge Plaza Phase 3, this open-concept unit features hardwood flooring, a kitchen with granite countertops, stainless steel appliances and a breakfast bar overlooking the living area. Sliding doors lead to a private balcony facing the building's landscaped interior courtyard, while the bedroom offers large windows and closet space. A full bathroom and in-suite laundry complete the unit. Beyond your front door, residents enjoy access to an indoor pool, sauna, fitness centre, party room, outdoor terrace and 24-hour concierge service. Metro is directly across the street, with the ByWard Market, CF Rideau Centre, University of Ottawa and Rideau O-Train station all within walking distance. Whether you're commuting downtown, heading out for dinner or picking up groceries, it's easy to get around without a car. Offered fully furnished for $2,000/month, with hydro and internet extra and no parking included.

Key Facts & Features

Rental Details

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

Included In Rent Fee

  • Building Insurance
  • Common Elements
  • Heat
  • Water

Basement Type
None, None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Laundry Level
Main Level
Interior Extras
Carpet Free
Security Features
Concierge/Security
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building Amenities

  • Media Room
  • Party Room/Meeting Room
  • Sauna
  • Concierge
  • Indoor Pool

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
Claridge Plaze Phase 3
Condo Corp Number
962

Construction

Exposure
North
Exterior Finish
Concrete
Roof
Unknown
Foundation Details
Unknown
Special Designation
Unknown

Inclusions

Inclusions
Stove, Dryer, Washer, Refrigerator, Dishwasher

Exclusions

Exclusions
TV excluded

Parking & Garages

Garage Type
Underground
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
Owned
Locker Unit
139

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
1
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Laundry—
    Main level
  • Great Room—
    Main level
  • Primary Bedroom—
    Main level
  • Laundry—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Room—
  • Room—

Washrooms

  • 4-piece, Main

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

MLS® number
X14110900
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-23
Updated on
2026-10-23
Days on market
1 day
Possession date
2026-11-01
Possession type
Flexible
Co-op commission
Half Month's Rent
Listed by
RE/MAX HALLMARK REALTY GROUP

Home Market Value

Current home valuation for Unit 506, 242 Rideau Street, Ottawa, Sandy Hill, Ottawa, ON. Listed for $2,000

HOMEH Estimate

?

$300,000

Estimated Sales Range

?

$264,000 - $350,000

HOMEH Estimate for Unit 506, 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.

$300,000High 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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