Sold for:Sold Jul 8, 2026
$325,000

Unit 704, 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

Property not available for sale or for rent.

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Sale & Price History for Unit 704, 242 Rideau Street, Ottawa, Sandy Hill

2026-06-08
2026-07-08
Sold
Price
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MLS#
x13416420

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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 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.

$300,000Medium 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

$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
Are you a first time home buyer?

Land Transfer Tax

Provincial

$3,350

Total Land Transfer Tax

$3,350

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8/100Almost All Errands Require a Car
0/100Minimal Transit
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