506 - 242 RIDEAU Street, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill · Near Corner of Cumberland and Rideau Street · View map
About this home
Fully furnished 1-bedroom, 1-bathroom condo with a private balcony at 242 Rideau Street, right in the heart of downtown Ottawa. Located on the fifth floor of Claridge Plaza Phase 3, this open-concept unit feels new with fresh paint and features like hardwood flooring, a kitchen with granite countertops, stainless steel appliances and a breakfast bar overlooking the living area. Sliding doors lead to a private balcony facing the building's landscaped interior courtyard, while the bedroom offers large windows and closet space. A full bathroom and in-suite laundry complete the unit. Beyond your front door, residents enjoy access to an indoor pool, sauna, fitness centre, party room, outdoor terrace and 24-hour concierge service. Metro is directly across the street, with the ByWard Market, CF Rideau Centre, University of Ottawa and Rideau O-Train station all within walking distance. Whether you're commuting downtown, heading out for dinner or picking up groceries, it's easy to get around without a car. Offered fully furnished for $2,000/month, with hydro and internet extra and no parking included.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 600-699 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 5
- Basement
- None, None
- Faces
- North
- Level
- 5
- Balcony
- Open
- Laundry
- Ensuite
- Furnished
- Furnished
Ownership & fees
- Ownership
- Condominium
- Complex
- Claridge Plaze Phase 3
- Property management
- CMG
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Concierge/Security
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Corner of Cumberland and Rideau Street
- Neighbourhood
- 4003 - Sandy Hill
More
- Price per sq ft
- ~$3 (at 650 sq ft)
- MLS® number
- X14110900
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The home and its surroundings
- Carpet Free
- Rec./Commun.Centre
- Public Transit
Shared in the complex
- Media Room
- Party Room/Meeting Room
- Sauna
- Concierge
- Indoor Pool
- 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 Corner of Cumberland and Rideau Street
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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 506 - 242 RIDEAU Street
Answers come straight from this home’s MLS® listing.
How much is 506 - 242 RIDEAU Street listed for, and what would it cost each month?
506 - 242 RIDEAU Street is listed for $2,000. With 20% down ($400), 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 506 - 242 RIDEAU Street freehold or a condo, and is there a monthly fee?
506 - 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 506 - 242 RIDEAU Street have?
506 - 242 RIDEAU Street has 1 bedroom and 1 bathroom.
Does 506 - 242 RIDEAU Street have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
Does 506 - 242 RIDEAU Street have a finished basement?
The listing describes the basement as none, none.
What style of home is 506 - 242 RIDEAU Street?
506 - 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 506 - 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 506 - 242 RIDEAU Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
Are pets allowed at 506 - 242 RIDEAU Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 506 - 242 RIDEAU Street?
506 - 242 RIDEAU Street is in the 4003 - Sandy Hill community of Lower Town - Sandy Hill. The nearest main intersection is Corner of Cumberland and Rideau Street. The postal code is K1N 0B7.
Is 506 - 242 RIDEAU Street still for sale?
Yes. It is an active listing (MLS® X14110900). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 506 - 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 506 - 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: RE/MAX HALLMARK REALTY GROUP
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.