Sold for:Sold Feb 13, 2026
$549,900

Unit 401, 589 Rideau Street

Ottawa (Lower Town), ON K1N 6A1

Condo Apartment SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 401, 589 Rideau Street, Ottawa, Lower Town

2026-01-28
2026-02-13
Sold
Price
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MLS#
x12737076

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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 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.

$459,500Low confidence
Based on 6 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

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Ottawa, ON
Minimum Down Payment Required:5.5%

5% on first $500K + 10% on $49,900 over $500K

Minimum down payment

$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
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%
%
%
Payment frequency
=Mortgage payment
$2,639monthly$2,491monthly$2,346monthly$2,148monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,473

Total Land Transfer Tax

$7,473

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0/100Minimal Transit
0/100Not rated
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