
Unit 704, 242 Rideau Street
Ottawa (Sandy Hill), ON K1N 0B7
Claridge Plaza 3 & 428 storeys, 233 suites, built 2016- 1Bedroom
- 1Bathroom
- 0Parking
- 600–699Sq Ft
- $3,759Tax
- $543/moCondo Fee
- Estimated Value:$300,000See Free Estimate Report

Property not available for sale or for rent.
HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.
Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 704, 242 Rideau Street, Ottawa, Sandy Hill
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-06-08 | 2026-07-08 | Login to See Prices | Sold | x13416420 |
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 704, 242 Rideau Street, Ottawa, Sandy Hill
Summarized Description
- Bright 1-bedroom plus den suite in downtown Ottawa.
- Move-in ready with modern living space.
- Private balcony with views of Parliament Hill.
- Steps from Rideau Centre and ByWard Market.
- Includes designated den area and storage locker.
- Premium amenities with 24-hour security.
- Ideal for professionals, students, or investors.
- Highly desirable urban community location.
Welcome to one of Ottawa's most recognizable downtown condominium addresses. This bright and spacious 1-bedroom plus den suite offers approximately 660 sq. ft. of thoughtfully designed living space, plus a private balcony with partial views of Parliament Hill and a designated den area. The unit also includes a private storage locker, providing valuable additional space.Located in the heart of downtown Ottawa, this unbeatable location places you just steps from the Rideau Centre, National Arts Centre, University of Ottawa, LRT station, Parliament Hill, the ByWard Market, and countless restaurants, shops, cafés, and entertainment venues. Whether you're commuting, studying, working downtown, or enjoying city life, everything you need is right at your doorstep.Residents enjoy an exceptional lifestyle with premium amenities, including 24-hour security and concierge service, an indoor swimming pool, sauna, fitness centre, BBQ patio, and more. Parking is available for rent within the building at an affordable monthly cost, making ownership convenient even without an owned parking space.Perfect for professionals, students, investors, or anyone seeking the convenience and energy of downtown living. An excellent opportunity to own a well-located condo in one of Ottawa's most iconic urban communities. Ideal as a principal residence or investment property in a highly desirable downtown location. Move-in Ready!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,759
- Land Transfer Tax Fee
- $3,350
Condo/Maintenance Fee
- Maintenance Fee
- $543 /month
Included In Maintenance Fee
- Building Insurance Included
- Heat Included
- Water Included
- Common Elements Included
Rental Items
- Rental Equipment
- NONE
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Storage Area Lockers
- View
- City, Downtown
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Enclosed
Building Amenities
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Indoor Pool
- Visitor Parking
- Exercise Room
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- Claridge Plaza 3
- Approx Age
- 11-15
- Condo Corp Number
- 962
Construction
- Exposure
- North
- Exterior Finish
- Concrete
- Foundation Details
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- STOVE, MICROWAVE, DISHWASHER, DRYER, WASHER, REFRIGERATOR
Exclusions
- Exclusions
- NONE
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- Owned
Heating & Cooling
- Heat Source
- Ground Source
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Washrooms
- 3-piece, Main
- Municipality
- Ottawa
- Neighbourhood
- Sandy Hill
- Main cross streets
- Corner of Rideau Street and Cumberland.
- Zoning
- Residential
- Directions
- From King Edward, turn onto Rideau Street.
- MLS® number
- X13416420
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-08
- Listed on
- 2026-06-08
- Days on market
- 30 days
- Possession date
- 2026-06-08
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- KELLER WILLIAMS ICON REALTY
Home Market Value
Current home valuation for Unit 704, 242 Rideau Street, Ottawa, Sandy Hill, Ottawa, ON. Listed for $325,000
HOMEH Estimate
$300,000
Estimated Sales Range
$237,000 - $363,000
HOMEH Estimate for Unit 704, 242 Rideau Street, Ottawa, Sandy Hill
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
For the owner
Is this your home? Track its value.
Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$16,250
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $12,350 | $9,068 | $7,735 | $0 |
=Total mortgage | $321,100 | $301,568 | $283,985 | $260,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,568monthly | $1,472monthly | $1,387monthly | $1,269monthly |
Land Transfer Tax
$3,350
$3,350
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
Ask HOMEH
New!Hi there!
👋Text or call (416) 301-9001
Recommended for you
Based on homes you've looked at.
No recommended properties found.
Nearby similar homes
No nearby properties found.
More real estate resources
Other homes nearby
Explore this area
Nearby neighbourhoods
- 4001 - Lower Town/Byward Market homes for sale
- 4004 - Sandy Hill homes for sale
- 4502 - West Centre Town homes for sale
- 4504 - Civic Hospital homes for sale
- 2101 - Rothwell Heights homes for sale
- 4002 - Lower Town homes for sale
- 1116 - Cumberland West homes for sale
- 7806 - Cedar Hill/Orchard Estates homes for sale
No nearby listings available.


























