204 - 242 Rideau Street, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill · Near Rideau St · View map
About this home
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.
The home
- Type
- Condo Apartment
- Square footage
- 600-699 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 5
- Floor
- 2nd
- Exposure
- North
- Balcony
- Open
- Laundry
- In-Suite Laundry
Building & fees
- Maintenance fee
- $629.66/mo
- Fee includes
- Heat, Water, Common Elements, Building Insurance
- Condo corporation
- OCSC 962
- Property management
- CMG
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Parking
- Parking spaces
- 1
- Garage
- Underground
- Parking features
- Underground, Inside Entry
Taxes & other
- Property taxes
- $3,946/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Rideau St
- Neighbourhood
- 4003 - Sandy Hill
More
- Price per sq ft
- ~$484 (at 650 sq ft)
- Listed
- Aug 5, 2026 · 66 days ago
- MLS® number
- X13639736
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Building amenities
- Concierge
- Elevator
- Exercise Room
- Indoor Pool
- Party Room/Meeting Room
Included in the maintenance fee
- Heat
- Water
- Common Elements
- Building Insurance
The unit and its surroundings
- Storage Area Lockers
- Public Transit
- Rec./Commun.Centre
- 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
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Listing history for 242 Rideau Street
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 204 - 242 Rideau Street
Answers come straight from this condo’s MLS® listing.
How much is 204 - 242 Rideau Street listed for?
204 - 242 Rideau Street is listed for $314,900. With 20% down ($62,980), the mortgage payment would be roughly $1,270 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 204 - 242 Rideau Street have?
204 - 242 Rideau Street has 1 bedroom and 1 bathroom.
How big is 204 - 242 Rideau Street?
The listing puts the unit between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 204 - 242 Rideau Street?
204 - 242 Rideau Street is a condo apartment in 4003 - Sandy Hill, Lower Town - Sandy Hill. The unit is on the 2nd floor, facing north.
What are the maintenance fees at 204 - 242 Rideau Street, and what do they cover?
The maintenance fee is $629.66 a month. The listing says it covers heat, water, common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.
Does 204 - 242 Rideau Street come with parking and a locker?
The listing includes 1 parking space. The locker is listed as owned.
Are pets allowed at 204 - 242 Rideau Street?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
What amenities does the building have?
The listing names these building amenities: concierge, elevator, exercise room, indoor pool, party room/meeting room.
How is 204 - 242 Rideau Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 204 - 242 Rideau Street?
Property taxes are $3,946 a year (2025), or about $329 a month.
What neighbourhood is 204 - 242 Rideau Street in?
204 - 242 Rideau Street is in the 4003 - Sandy Hill community of Lower Town - Sandy Hill. The nearest main intersection is Rideau St. The postal code is K1N 0B7.
Is 204 - 242 Rideau Street still for sale?
Yes. 204 - 242 Rideau Street is an active listing (MLS® X13639736), on the market since August 5, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 242 Rideau Street sold for?
Recent sales, leases and expired listings for this unit and the rest of the building 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 204 - 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 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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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 and the maintenance fee. For illustration only.