26 days on market
$435,000
For Sale

242 Rideau St, Unit #502

Sandy Hill, Ottawa

2+null Bed|2 Bath|Yes|26 days on market

$435,000

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Home Details

Maintenance
$860.2 / month
Taxes
$271 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
N
Move-in Date
TBD
Locker
Owned
Hydro Included
No
Heat Included
Yes
Heating
Heat Pump
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Stone
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Experience the best of downtown living in this stylish 2-bedroom + den condo, perfectly located in one of Ottawas most vibrant neighbourhoods. Freshly painted and move-in ready, this thoughtfully designed unit features elegant hardwood floors, a gourmet kitchen with granite countertops, stainless steel appliances, and sleek cabinetry ideal for both everyday living and entertaining.The spacious primary suite offers a walk-in closet and a luxurious ensuite, while the versatile den provides the perfect space for a home office or reading nook. Floor-to-ceiling windows fill the space with natural light, and a private balcony showcases sweeping city views.This sought-after building offers premium amenities including 24/7 security, an indoor pool, a party room, a fully equipped fitness centre, and a 3,000+ sq. ft. rooftop terrace. The unit also includes one underground parking space and a storage locker for added convenience.Just steps to grocery stores, the University of Ottawa, NAC, Parliament Hill, the LRT, shops, restaurants, and more, this home combines comfort, style, and unbeatable convenience. Don't miss your chance to own this modern, move-in-ready condo in the heart of the city. Book your private showing today!
Fridge, Stove, Hood Fan, Dishwasher, Washer, Dryer

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
May 21, 2025107$449,900N/ATerminatedX12161584

Rooms

Room dimensions for 242 Rideau St, Unit #502, Ottawa
Kitchen
8 x 1080 sqft
Living
11 x 999 sqft
Dining
11 x 888 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 3276

Price

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Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$435000
Down Payment$87000
Mortgage Insurance$0
Total Mortgage$348000

Monthly Payment


Mortgage Payment$2144
Property Taxes$271
Maintenance Fees$860
Monthly Payment$3276
$3276
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 $435,000 on Wed Sep 17 2025. This condo's size is 600-699 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $860 per month and taxes are approximately $3,252 annually. Views are to the North from this property. Step outside onto the open balcony. The property includes the following rooms: Kitchen, Living, Dining, 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#: X12384797 · $435,000 · 2 bedroom condo in Sandy Hill, Ottawa