Stylish Urban Living - 242 Rideau St #1208Discover the best of downtown Ottawa in this stylish, sun-filled studio condo at 242 Rideau St #1208! This bright and inviting unit,built in 2014 by Claridge Homes, boasts hardwood and tile flooring,elegant granite countertops, sleek stainless steel appliances, in-unit laundry, and ample storage space. Enjoy your morning coffee on the South-facing balcony, offering vibrant cityscape views. Additional perks include a separate storage locker and ultra-low condo fees that conveniently cover heat and water. Plus, the unit comes with a new Frigidaire refrigerator (April 2025)!The building has been recently renovated, showcasing modern finishes throughout. Residents enjoy top-notch amenities, including 24/7security, an indoor pool, sauna, gym, party room, and a spacious outdoor terrace with BBQs. Ideally located just steps from the University of Ottawa, this condo is perfect for students, faculty, and staff. You're also within walking distance of iconic landmarks such as Parliament Hill, By Ward Market, Rideau Canal, Rideau Centre, and the National Gallery of Canada. With a Metro supermarket directly across the street and O-Train Rideau Station just steps away, convenience is built into your everyday routine.An exceptional investment opportunity with high rental demand, this condo is ideal for first-time buyers or savvy investors looking for a truly special space.An unbranded virtual tour is available via the Virtual Tour URL for your convenience!
Address
1208 - 242 Rideau Street
List Price
$265,000
MLS® Status
New
Expiration Date
2026-06-24
Property Type
Residential Condo & Other
Type of Dwelling
Condo Apartment
Style of Home
Bachelor/Studio
Transaction Type
Sale
Area
Lower Town - Sandy Hill
Sub-Area
4003 - Sandy Hill
Region
Ottawa
Rooms Above Grade
5
Bathrooms
1
Floor Area
0-499 Sq. Ft.
Square Foot Source
Builder
Lot Size Source
MPAC
Parcel Number
159620231
Occupant Type
Owner
Cross Street
Corner of Rideau St and Cumberland
Maint. Fee
$362.19
MLS® Number
X12914814
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
None
Postal Code
K1N 0B7
Posession Details
Flexible
Parking
Underground
Tax Amount
$2,719.37
Tax Year
2025
Property Management Company
OCSCC
Pets
Yes-with Restrictions
Site Influences
Arts Centre, Library, Park, Public Transit
Interior Features
None
Property Features
Arts Centre, Library, Park, Public Transit
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Association Amenities
Concierge, Exercise Room, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
Association Fee Includes
Heat Included, Common Elements Included, Building Insurance Included, Water Included, CAC Included
Association Name
OCSCC
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Balcony Type
Open
Construction Materials
Concrete
Exposure
South
Fireplace
No
Garage
Yes
Garage Type
Underground
Kitchens Total
1
Kitchens Above Grade
1
Laundry Features
Ensuite
Legal Level Number
12
Security Features
Concierge/Security
Waterfront
No
Locker
Owned
Building Name
Condominium Management Group
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Flat | Foyer | 3.09 x 1.04 | |
| Flat | Kitchen | 2.08 x 1.95 | |
| Main | Living Room | 4.69 x 4.67 | |
| Main | Bathroom | 2.51 x 1.57 | |
| Main | Laundry |
