1305 - 242 Rideau Street, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill · Near Rideau St. / Cumberland St. · View map
About this home
Stunning 1-bedroom condo for lease in the heart of the ByWard Market! This modern and spacious 625 square feet unit offers a practical layout with high-end finishes throughout. The bright kitchen features granite countertops, stainless steel appliances, and opens to a large living and dining area, perfect for both relaxing and entertaining. Gleaming hardwood and tile floors flow throughout the unit, making it feel fresh and immaculate. Enjoy a full suite of building amenities, including an indoor pool, fitness centre, sauna, party room, theatre room, outdoor lounge, and 24-hour security. With a Walk Score of 97, you're steps from the Rideau Centre, Ottawa U, the LRT, and all the dining, shopping, and entertainment the ByWard Market has to offer. 1 Storage locker included. Underground parking is available for an additional cost of $175/month. Available January 1,2026. A minimum one-year lease is required, subject to credit and reference checks, proof of income or employment, and valid government issued ID.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 600-699 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- North
- Level
- 13
- Balcony
- Open
- Laundry
- In-Suite Laundry
- Furnished
- Unfurnished
Ownership & fees
- Ownership
- Condominium
- Complex
- OCSCP 962
- Property management
- ProManaged Condos
- Pets
- No
- Locker
- Owned
- Security
- Security Guard
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Heat Pump
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Occupancy
- Tenant
- Possession
- 60-89 days
- Cross street
- Rideau St. / Cumberland St.
- Neighbourhood
- 4003 - Sandy Hill
More
- Price per sq ft
- ~$3 (at 650 sq ft)
- MLS® number
- X14105988
No matching details. Ask Will instead
Shared in the complex
- Indoor Pool
- Exercise Room
- Sauna
- Party Room/Meeting Room
- Media Room
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
242 Rideau Street, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill · Near Rideau St. / Cumberland St.
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Listing history for 242 Rideau Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1305 - 242 Rideau Street
Answers come straight from this home’s MLS® listing.
How much is 1305 - 242 Rideau Street listed for, and what would it cost each month?
1305 - 242 Rideau Street is listed for $1,950. With 20% down ($390), the mortgage payment would be roughly $8 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9 a month, all in. That figure is an illustration, not a quote.
Is 1305 - 242 Rideau Street freehold or a condo, and is there a monthly fee?
1305 - 242 Rideau Street is a condo apartment in 4003 - Sandy Hill, Lower Town - Sandy Hill. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The listing does not show the maintenance fee, so ask for it and confirm the amount in the status certificate.
How many bedrooms and bathrooms does 1305 - 242 Rideau Street have?
1305 - 242 Rideau Street has 1 bedroom and 1 bathroom.
Does 1305 - 242 Rideau Street have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 1305 - 242 Rideau Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 1305 - 242 Rideau Street?
1305 - 242 Rideau Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 1305 - 242 Rideau Street?
The listing puts the home between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 1305 - 242 Rideau Street heated and cooled?
Heating is heat pump (gas). Cooling is central air.
Are pets allowed at 1305 - 242 Rideau Street?
The listing says pets are not allowed.
Where is 1305 - 242 Rideau Street?
1305 - 242 Rideau Street is in the 4003 - Sandy Hill community of Lower Town - Sandy Hill. The nearest main intersection is Rideau St. / Cumberland St.. The postal code is K1N 0B7.
Is 1305 - 242 Rideau Street still for sale?
Yes. It is an active listing (MLS® X14105988). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 1305 - 242 Rideau Street asking?
Similar condos for sale nearby right now include 204 - 242 Rideau Street at $300,000 (1 bed), 1906 - 242 Rideau Street at $318,000 (1 bed) and 1808 - 242 Rideau Street at $297,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 242 Rideau Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1305 - 242 Rideau Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near 4003 - Sandy Hill, picked by style, size and price.
Condo apartment$300,000204 - 242 Rideau Street, Lower Town - Sandy Hill1 bed · 1 bath · 4003 - Sandy HillCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Condo apartment$318,0001906 - 242 Rideau Street, Lower Town - Sandy Hill1 bed · 1 bath · 4003 - Sandy HillCourtesy of: EXP REALTYView home →
Condo apartment$297,0001808 - 242 Rideau Street, Lower Town - Sandy Hill1 bath · 4003 - Sandy HillCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →Courtesy of: ENGEL & VOLKERS OTTAWA
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.