Property Details

1406-242 Rideau Street, Lower Town - Sandy Hill

$369,000
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Description

Modern 1-Bedroom Condo in the Heart of ByWard Market Prime Downtown Location! Built in 2014 by renowned builder Claridge, this well-maintained 675 sq. ft. condo offers modern living in one of Ottawas most vibrant neighbourhoods. Located in the heart of ByWard Market and downtown Ottawa, everything you need is just steps away - festivals, the Rideau Canal, shops, restaurants, grocery stores, and the Rideau Centre. Its across from the new Metro store and minutes from Parliament Hill, Majors Hill Park, the University of Ottawa, and more. This condo presents an excellent investment opportunity, with strong demand from professionals and university students, ensuring high rental potential and positive cash flow. Commuting is easy with the LRT just steps away and a bus stop at your door. The unit features a smart, square layout that maximizes space. Large south-facing windows in both the living room and bedroom flood the unit with natural light. Enjoy stylish new luxury laminate flooring in the living area, durable ceramic flooring in the foyer, kitchen, and closet, granite countertops, stainless steel appliances, and ample storage. In-unit laundry and additional storage inside the unit and in a dedicated locker are included. **One underground parking space** is also provided. Step out onto the spacious balcony, perfect for relaxing in the warmer months. Residents enjoy a 7,250 sq. ft. recreation area with an indoor pool, saunas, gym, party room, landscaped outdoor terraces, and BBQs. The building offers 24-hour security, concierge service, and surveillance for added peace of mind. A $129 million revitalization plan is underway for ByWard Market, enhancing the area with a greener, more pedestrian-friendly environment. This initiative will further increase the appeal of living at 242 Rideau, making it an even more desirable place to call home. Don't miss this fantastic opportunity to own in one of Ottawas most central locations. Contact us today for your private tour!

Additional Details

  • Unit No.
    1406
  • Community
    4003 - Sandy Hill
  • Approx Sq Ft
    600-699
  • Building Type
    Condo Apartment
  • Building Style
    Apartment
  • Taxes
    $3929 (2024)
  • Garage Space
    1
  • Garage Type
    Underground
  • Air Conditioning
    Central Air
  • Heating Type
    Forced Air
  • Kitchen
    1
  • Basement
    None
  • Pets Permitted
  • Condo Inclusives
    Heat Included, Hydro Included, Common Elem. Included , Cable TV Includeded, Condo Tax Included, Building Insurance Included, Water Included, CAC Included, Parking Included
  • Listing Brokerage
    HOME RUN REALTY INC.

Features

Location

242 Rideau Street , Lower Town - Sandy Hill, ON K1N 0B7

Nearby Schools

Source: Ontario school information and student demographics - grade 3 and 6 EQAO student achievements for reading, writing and mathematics, grade 9 EQAO academic and applied student achievements, grade 10 OSSLT student achievement | Open Government Licence - Ontario
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

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Listing Brokerage

  • HOME RUN REALTY INC.

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

K
Kris Di Lorenzo
Kris Di Lorenzo
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