131 days on market
$459,900
For Sale

242 Rideau St, Unit #502

Sandy Hill, Ottawa

2+null Bed|2 Bath|Yes|131 days on market

$459,900

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Home Details

Maintenance
$860.2 / month
Taxes
$409 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
NW
Move-in Date
TBD
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
Exterior
Stone
Zoning
RESIDENTIAL CONDO
Property Type
Condo Apt
Style
1 Storey/Apt
Status
New
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Listing Description

Welcome to 242 Rideau Street, Unit 502 Modern Living in the Heart of the ByWard Market. Experience upscale urban living in this beautifully designed 2-bedroom + den condo, perfectly located in one of Ottawas most vibrant neighbourhoods. Boasting a fresh coat of paint, this unit features elegant hardwood floors, a gourmet kitchen with granite countertops, stainless steel appliances, and sleek cabinetry ideal for both cooking and entertaining.The spacious primary bedroom includes a luxurious ensuite, while the den offers flexible space for a home office or reading nook. Step out onto your private balcony and take in sweeping city views. Enjoy the buildings premium amenities, including 24/7 security, an indoor pool, party room, fully equipped fitness centre, and a 3,000+ sq. ft. rooftop terrace. This unit includes 1 underground parking space and a storage locker for added convenience. Located just steps from the grocery store, University of Ottawa, NAC, Parliament Hill, transit(LRT), restaurants, and shopping, this condo offers the ultimate in downtown lifestyle and convenience. Dont miss your opportunity to own a stylish, move-in-ready home in the heart of the city. Book your private showing today!
Fridge, Stove, Hood Fan, Dishwasher, Washer, Dryer

Property History

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Rooms

Room dimensions for 242 Rideau St, Unit #502, Ottawa
Living
11 x 999 sqft
Dining
11 x 888 sqft
Kitchen
8 x 1080 sqft
Den
10 x 550 sqft
Primary
10 x 11110 sqft
2nd Br
10 x 11110 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 242 Rideau St502 is 3536

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$459900
Down Payment$91980
Mortgage Insurance$0
Total Mortgage$367920

Monthly Payment


Mortgage Payment$2267
Property Taxes$409
Maintenance Fees$860
Monthly Payment$3536
$3536
monthly

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About 242 Rideau St, Unit #502, Ottawa

Located at 242 Rideau St Unit #502, this Ottawa condo is available for sale. This property was listed for $459,900 on Wed May 21 2025. This condo's size is 900-999 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $860 per month and taxes are approximately $4,902 annually. Views are to the NorthWest from this property. Step outside onto the open balcony. The property includes the following rooms: Living, Dining, Kitchen, Den, Primary, 2nd Br. 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#: X12161584 · $459,900 · 2 bedroom condo in Sandy Hill, Ottawa