
Unit 401, 589 Rideau Street
Ottawa (Lower Town), ON K1N 6A1
- 1Bedroom
- 1Bathroom
- 1Parking
- 1000–1199Sq Ft
- $3,684Tax
- $804/moCondo Fee
- Estimated Value:$459,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 401, 589 Rideau Street, Ottawa, Lower Town
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-01-28 | 2026-02-13 | Login to See Prices | Sold | x12737076 |
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About Unit 401, 589 Rideau Street, Ottawa, Lower Town
Summarized Description
- Historic charm with exposed brick and modern comforts.
- Open layout with over 1000 square feet of space.
- Private balcony for outdoor relaxation.
- Preserved hardwood floors add character.
- Located near Rideau River and cultural attractions.
- Quality modern appliances enhance living experience.
- A unique blend of history and contemporary design.
Wallis House - Where History Breathes and Light Dances. Step into a space where time itself becomes texture-where century-old brick walls hold stories in every weathered edge, and southwestern light pours through grand windows across over 1000 square feet of preserved hardwood floors. This is not simply a condo. This is a rare marriage of Ottawa's storied past and contemporary grace - a loft-style sanctuary where exposed brick stands as witness to decades of transformation, now cradling modern comforts within its historic embrace. The open layout flows with an artist's understanding of space and light. Here, shadows shift across original brick as the day progresses, creating an ever-changing canvas. Quality modern appliances nestle thoughtfully within the storied space, each detail curated to honour what was while celebrating what is. Then - the balcony. Your private, covered outdoor haven, generous and inviting, where morning coffee tastes of possibility and evening wine catches the sunset's last amber glow. Beyond your door, downtown Ottawa unfolds: the gentle curve of the Rideau River, the tranquility of MacDonald Gardens Park, and the pulse of the city's finest restaurants, galleries, and cultural touchstones-all within arms reach. This home calls to those who see beauty in patina, who understand that the finest spaces aren't built-they're born from respect for what came before. This is for the collector of moments, the curator of authentic living, the soul who recognizes that true luxury lies not in newness, but in character that cannot be replicated. Welcome home to a piece of Ottawa's living history.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,684
- Land Transfer Tax Fee
- $7,473
Condo/Maintenance Fee
- Maintenance Fee
- $804 /month
Included In Maintenance Fee
- Water Included
- Building Insurance Included
Rental Items
- Rental Equipment
- n/a
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Carpet Free, Intercom, Storage
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Terrace
Building
- Building Type
- Condo Apartment
- Building Style
- Loft
- Building Name
- Wallis House
- Condo Corp Number
- 586
Construction
- Exposure
- North
- Exterior Finish
- Brick
- Foundation Details
- Stone
- Special Designation
- Heritage
Inclusions
- Inclusions
- Fridge, stove, dishwasher, washer, dryer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Number
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Dining Room—Main level
- Bedroom—Second level
- Other—Second level
- Bathroom—Second level
- Other—Second level
Washrooms
- 3-piece, Second
- Municipality
- Ottawa
- Neighbourhood
- Lower Town
- Main cross streets
- Corner of Rideau and Charlotte
- Zoning
- Residential
- Directions
- Corner of Rideau and Charlotte
- MLS® number
- X12737076
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-02-13
- Listed on
- 2026-01-28
- Days on market
- 16 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ROYAL LEPAGE INTEGRITY REALTY
Home Market Value
Current home valuation for Unit 401, 589 Rideau Street, Ottawa, Lower Town, Ottawa, ON. Listed for $549,900
HOMEH Estimate
$459,500
Estimated Sales Range
$351,866 - $567,134
HOMEH Estimate for Unit 401, 589 Rideau Street, Ottawa, Lower Town
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $49,900 over $500K
$29,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,786 | $15,342 | $13,088 | $0 |
=Total mortgage | $540,441 | $510,252 | $480,503 | $439,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,639monthly | $2,491monthly | $2,346monthly | $2,148monthly |
Land Transfer Tax
$7,473
$7,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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