Unit 405, 589 Rideau Street
Ottawa (Lower Town), ON K1N 6A1
- 1Bedroom
- 1Bathroom
- 1Parking
- 0–499Sq Ft
- $2,417Tax
- $370/moCondo Fee
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 405, 589 Rideau Street, Ottawa, Lower Town
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About Unit 405, 589 Rideau Street, Ottawa, Lower Town
Summarized Description
- Stunning one bedroom loft in Wallis House.
- Soaring 14-foot ceilings with natural light.
- Exposed brick wall adds unique charm.
- Open-concept layout ideal for entertaining.
- Convenient in-suite laundry included.
- Prime downtown location near Byward Market.
- Gas fireplace for cozy evenings.
- Opportunity to own a piece of history.
Step into this stunning one bedroom loft in Ottawa's iconic Wallis House, where heritage charm meets modern urban living. Soaring 14-foot ceilings and massive south facing windows flood the space with natural light, highlighting the dramatic exposed brick wall and open-concept layout. The kitchen flows seamlessly into the living space, perfect for entertaining or enjoying cozy evenings by the gas fireplace. Enjoy the convenience of in-suite laundry and the character of a space that blends warmth, history and functionality. Located in a prime downtown location close to the Byward Market, Parliament Hill, the Rideau Canal, the National Art Centre and many of Ottawa's best restaurants and cafes. This is more than a home...it's an opportunity to own a piece of Ottawa's history while enjoying a vibrant urban lifestyle.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,417
- Land Transfer Tax Fee
- $4,975
Condo/Maintenance Fee
- Maintenance Fee
- $370 /month
Included In Maintenance Fee
- Building Insurance Included
- Common Elements Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Laundry Level
- Main Level
- Interior Extras
- Storage Area Lockers
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Balcony
- None
Building Amenities
- Elevator
- Guest Suites
- Rooftop Deck/Garden
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 586
Construction
- Exposure
- North
- Exterior Finish
- Brick, Stone
- Special Designation
- Heritage
Inclusions
- Inclusions
- Refrigerator, Stove, Dishwasher, Washer, Dryer
Parking & Garages
- Garage Type
- Surface
- Garage Spaces
- 0
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Other
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Bedroom—Second level
- Bathroom—Second level
Washrooms
- 3-piece, Second
- Municipality
- Ottawa
- Neighbourhood
- Lower Town
- Main cross streets
- Charlotte St. and Rideau St.
- Directions
- Rideau St. between Charlotte St. and Wurtemburg St.
- MLS® number
- X12959172
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-31
- Listed on
- 2026-04-03
- Days on market
- 119 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- COLDWELL BANKER FIRST OTTAWA REALTY
Home Market Value
Current home valuation for Unit 405, 589 Rideau Street, Ottawa, Lower Town, Ottawa, ON. Listed for $425,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for Unit 405, 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% of purchase price for homes $500K or less
$21,250
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,150 | $11,858 | $10,115 | $0 |
=Total mortgage | $419,900 | $394,358 | $371,365 | $340,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,050monthly | $1,925monthly | $1,813monthly | $1,660monthly |
Land Transfer Tax
$4,975
$4,975
Around this home
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