Added 1 week ago
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Type: Condo Apt
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Style: Apartment
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Size: 600 sqft
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Pets: Restrict
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Age: No Data
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Taxes: $3,929 per year
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Maintenance Fees: 642 /mo
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Added: Feb 24, 2025 (1 week ago)
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Updated:
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Last Checked: 9 hours ago
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MLS®#: X11984848
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Listed By: Home run realty inc.
Modern 1-Bedroom Condo in the Heart of ByWard Market Prime Downtown Location! Built in 2014 by renowned builder Claridge, this well-maintained 675 sq. ft. condo offers modern living in one of Ottawas most vibrant neighbourhoods. Located in the heart of ByWard Market and downtown Ottawa, everything you need is just steps away - festivals, the Rideau Canal, shops, restaurants, grocery stores, and the Rideau Centre. Its across from the new Metro store and minutes from Parliament Hill, Majors Hill Park, the University of Ottawa, and more. This condo presents an excellent investment opportunity, with strong demand from professionals and university students, ensuring high rental potential and positive cash flow. Commuting is easy with the LRT just steps away and a bus stop at your door. The unit features a smart, square layout that maximizes space. Large south-facing windows in both the living room and bedroom flood the unit with natural light. Enjoy stylish new luxury laminate flooring in the living area, durable ceramic flooring in the foyer, kitchen, and closet, granite countertops, stainless steel appliances, and ample storage. In-unit laundry and additional storage inside the unit and in a dedicated locker are included. **One underground parking space** is also provided. Step out onto the spacious balcony, perfect for relaxing in the warmer months. Residents enjoy a 7,250 sq. ft. recreation area with an indoor pool, saunas, gym, party room, landscaped outdoor terraces, and BBQs. The building offers 24-hour security, concierge service, and surveillance for added peace of mind. A $129 million revitalization plan is underway for ByWard Market, enhancing the area with a greener, more pedestrian-friendly environment. This initiative will further increase the appeal of living at 242 Rideau, making it an even more desirable place to call home. Don't miss this fantastic opportunity to own in one of Ottawas most central locations. Contact us today for your private tour!
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Property
Status: Sale
Property Type: Condo Apt
Style: Apartment
Size (sq ft): 600
Area: Lower Town - Sandy Hill
Community: 4003 - Sandy Hill
Availability Date: TBD
Inside
Bedrooms: 1
Bathrooms: 1
Kitchens: 1
Rooms: 6
Den/Family Room: Yes
Patio Terrace: Open
Unit Exposure: South West
Air Conditioning: Central Air
Fireplace: Yes
Central Vacuum: N
Ensuite Laundry: Yes
Washrooms: 1
Building
Stories: 14
Basement: None
Heat Type: Forced Air
Heat Source: Gas
Exterior: Concrete
Special Designation: Unknown
Parking
Parking Included: Yes
Garage Type: Underground
Parking Designation: Owned
Parking Description: P7-22
Total Parking Spaces: 1
Garage: 1
Locker
Locker: Owned
Locker #: 65
Locker Level: P7
Locker Unit: P7.5
Fees
Tax Year: 2024
Common Elements Included: Yes
Heating Included: Yes
Water Included: Yes
Taxes: $3,929
Highlights
Amenity: Concierge
Amenity: Exercise Room
Amenity: Indoor Pool
Amenity: Sauna
Amenity: Elevator
Land
Cross Street: Rideau St and Cumber
Municipality District: Lower Town - Sandy Hill
Parcel Number: 159620247
Condo
Condo Registry Office: OCSC
Condo Corp#: 962
Property Management: Promanaged Condominiums: 613-710-0354
Rooms
Room details for 1406-242 Rideau Street, Lower Town - Sandy Hill
| Type | Dimensions | Description |
|---|---|---|
| Br Main | 3.51 x 3.12 | |
| Kitchen Main | 2.95 x 1.96 | |
| Living Main | 6.35 x 3.53 | |
| Bathroom Main | - | 4 Pc Bath |
Walker's Paradise
- Daily errands do not require a car.
Rider's Paradise
- Daily errands do not require a car.
Biker's Paradise
- Daily errands do not require a car.
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Viscount Alexander Public School
Elementary: PublicÉcole élémentaire catholique Sainte-Anne
Elementary: CatholicYork Street Public School
Elementary: PublicElgin Street Public School
Elementary: PublicÉcole élémentaire publique De la Salle
Elementary: PublicÉcole élémentaire publique Francojeunesse
Elementary: PublicUrban Aboriginal Alternate High School
Secondary: PublicRichard Pfaff Secondary Alternate Site
Secondary: PublicImmaculata High School
Secondary: CatholicÉcole secondaire publique De La Salle
Secondary: PublicLisgar Collegiate Institute
Secondary: PublicGlebe Collegiate Institute
Secondary: Public-
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