Downtown Living - Elevated. Experience the heartbeat of Ottawa from your private urban retreat at 242 Rideau Street one of the city's most desirable downtown addresses. This modern 2-bedroom, 2-bathroom condo offers 1,280 sq. ft. of bright, open living space, complete with underground parking and a storage locker. Perfectly positioned steps from the ByWard Market, Parliament Hill, Rideau Centre, and the Rideau Canal, it places you at the center of culture, cuisine, and convenience. Whether its a morning jog along the canal, a quick stroll to the National Gallery, or a night out at a top restaurant, everything you love about downtown Ottawa is just outside your door. Inside, you'll find an inviting blend of style and function: gleaming hardwood floors, granite countertops, and floor-to-ceiling windows that flood the space with natural light and frame impressive city views. The kitchen comes fully equipped, while the private balcony offers a quiet place to unwind and enjoy the skyline. Residents at 242 Rideau enjoy exclusive access to first-class amenities including a recreation centre, indoor pool, fitness room, and party lounge, all designed to complement an active, social lifestyle. Your monthly rent includes heat, air conditioning, parking, storage, and access to all amenities, with only hydro extra. Available now for immediate occupancy. Please note: pets are not permitted. Why 242 Rideau Street? Because here, you're not just close to the action you're part of it. Downtown Ottawa isn't just a location; it's a lifestyle. From the morning coffee run to the after-dinner walk by the canal, every day feels connected, effortless, and full of possibility. Please note: Some photos have been digitally staged to help illustrate the potential layout and use of the space. These images are intended to inspire possibilities and show how each room can be beautifully furnished and enjoyed. The actual unit is unfurnished.
Fridge, Stove, Microwave, Dishwasher, Washer & Dryer
City: Ottawa
Neighborhood: Sandy Hill
Leased Comparables homes near 242 Rideau St, Unit #1601, Ottawa
Located at 242 Rideau St Unit #1601, this Ottawa condo is available for lease. This property was listed for $3,195 on Tue Oct 14 2025. This condo's size is 1200-1399 Sqft. It has 2 bedrooms and 2 bathrooms. Views are to the North from this property. Step outside onto the open balcony. The property's amenities include Concierge, Elevator, Exercise Room, Indoor Pool, Recreation Room, Bbqs Allowed. The property includes the following rooms: Br, 2nd Br, Living, Kitchen, Laundry, Foyer, Dining. This property comes with 1 parking spots. This property also comes with a locker. Heat is included with this property. 242 Rideau St, Ottawa is situated in the Sandy Hill neighbourhood.
MLS#: X12459139 · $3,195 · 2 bedroom condo in Sandy Hill, Ottawa