242 Rideau Street Lower Town - Sandy Hill ON

📍 Lower Town - Sandy Hill, Ontario K1N 0B7

$329,900

Active
1BEDS
1BATHS
1PARKING
1KITCHENS

📋 Listing Highlights

StatusActive
MLS®X12902864
ListedMar 20, 2026
Days on Market—
Property TypeResidential Condo & Other
StyleCondo Apartment
Cross StreetRideau St
PossessionFlexible
Virtual TourView Tour →

📝 Listing Description

Ideally located in the vibrant core of downtown Ottawa, this stylish 1-bedroom condominium offers exceptional urban living complete with UNDERGROUND PARKING and a STORAGE locker. Step inside to a carpet-free interior featuring hardwood and tile flooring throughout. The modern kitchen is functional showcasing granite countertops, a sleek subway tile backsplash, stainless steel fridge and stove and an extended breakfast bar-perfect for casual dining or entertaining guests. Designed with an open-concept layout, the living space is enhanced by expansive floor-to-ceiling windows creating a bright and airy ambiance. A thoughtfully designed nook provides the perfect space for a study area-ideal for today's flexible lifestyle. From the living area, step onto the oversized private balcony! The ample size bedroom offers comfort and versatility, while the contemporary 3-piece bathroom features a modern design complete with an oversized walk-in shower. IN-SUITE LAUNDRY adds everyday convenience. Residents enjoy access to an impressive array of amenities, including an indoor pool, fully equipped fitness centre & party room with full kitchen. Unbeatable location just steps to the University of Ottawa, Parliament Hill and the Rideau Centre. With Ottawa U only an 10-minute walk away, this property is an excellent opportunity for investors or parents seeking a well-located home for a student. All amenities within walking distance! Condo fees include building insurance, heat, water/sewer, recreation facilities, property management, and common area maintenance-offering a truly turnkey lifestyle.

🏠 Property Details

Property TypeResidential Condo & Other
StyleCondo Apartment
Bedrooms1
Bathrooms1
Kitchens1

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementNone
GarageUnderground
Garage Spaces1
Parking1
ConstructionConcrete

💰 Financial

List Price$329,900
Annual Taxes$3,946.48 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$65,980
Est. Monthly Payment
$1,621/mo
Principal: $263,920 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by ROYAL LEPAGE PERFORMANCE REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12902864 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.