
Unit 506, 242 Rideau Street
Ottawa (Sandy Hill), ON K1N 0B7
Included in Rent: Building Insurance, Common Elements, Heat, Water
- 1Bedroom
- 1Bathroom
- 0Parking
- 600–699Sq Ft
- Nov 1Available
- EnsuiteLaundry
- Entire PropertyFor Lease
- Furnished

Sale & Price History for Unit 506, 242 Rideau Street, Ottawa, Sandy Hill
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 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 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.
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