37 days on market
$365,000
For Sale

242 Rideau St S, Unit #206

Sandy Hill, Ottawa

1+null Bed|1 Bath|No|37 days on market

$365,000

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Home Details

Maintenance
$790 / month
Taxes
$377 / month
Total Parking Spots
0
Garage Spaces
NaN
Balcony
Yes
Furnished
No
Exposure
S
Move-in Date
Jul 31, 2025
Locker
Owned
Hydro Included
No
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Concrete
Zoning
MDS62, MDS61
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Welcome to unit 206 at 242 Rideau Street a bright and functional 1-bedroom + den condo and a large balcony in the heart of downtown Ottawa. This spacious layout includes a private balcony, open-concept living space, and a versatile den ideal for a home office or guest space. Enjoy all-inclusive condo living with water, gas, and parking included; you only pay hydro! The building offers top-tier amenities: an indoor pool, gym, sauna, party room, business lounge, and two serene outdoor terraces on the 3rd and 4th floors and a private Storage Locker. Steps from the ByWard Market, Ottawa U, Parliament Hill, and the Rideau Centre. This is downtown living at its best. Owned Parking space can be negotiated into deal!
Dishwasher, fridge, stove, microwave, washing machine, dryer, wall mounted Samsung 65" TV in the living room, Samsung 50" TV in bedroom, Paintings on walls.

Property History

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Rooms

Room dimensions for 242 Rideau St S, Unit #206, Ottawa
Br
12 x 10120 sqft
Bathroom
8 x 540 sqft
Kitchen
8 x 864 sqft
Living
18 x 16288 sqft

Building Amenities

Club House
Gym
Indoor Pool
Party/Meeting Room
Sauna
Community BBQ

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 242 Rideau St S206 is 2966

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$365000
Down Payment$73000
Mortgage Insurance$0
Total Mortgage$292000

Monthly Payment


Mortgage Payment$1799
Property Taxes$377
Maintenance Fees$790
Monthly Payment$2966
$2966
monthly

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About 242 Rideau St S, Unit #206, Ottawa

Located at 242 Rideau St S Unit #206, this Ottawa condo is available for sale. This property was listed for $365,000 on Thu Jul 24 2025. This condo's size is 800-899 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $790 per month and taxes are approximately $4,520 annually. Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Club House, Gym, Indoor Pool, Party/Meeting Room, Sauna, Community BBQ. The property includes the following rooms: Br, Bathroom, Kitchen, Living. This property also comes with a locker. Heat is included with this property. 242 Rideau St S, Ottawa is situated in the Sandy Hill neighbourhood.


MLS#: X12305536 · $365,000 · 1 bedroom condo in Sandy Hill, Ottawa