1208 - 242 Rideau Street

1208 - 242 Rideau Street
1208 - 242 Rideau Street
1208 - 242 Rideau Street
+13
Studio
 
1
 bath
0
 parking
-
 sqft
Condo Apt
$265,000
For Sale
13 hours
 on site
$265,000
Click to open the pre-gallery to get the direction
Maintenance fees
$362.19
Locker
Owned
Exposure
S
Possession
2026-06-01
Price per sqft
-
Taxes
$2,719.37 (2025)
Outdoor space
Balcony, Patio
Age of building
11 years old
See what's nearby
Description
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!
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: X12914814
Property details
Neighbourhood:
Parking:
No
Parking type:
Underground
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Bachelor/Studio
Ensuite laundry:
Yes
Corp #:
OCSCC-962
MLS Size:
0-499 sqft
Listed on:
Mar 24, 2026
Show all details
Rooms
NameSizeFeatures
Laundry
0.0 x 0.0 ft
Bathroom
8.2 x 5.2 ft
Kitchen
6.8 x 6.4 ft
Show all
Instant estimate:
orto view instant estimate
$9,309
higher than listed price
i
High
$288,025
Mid
$274,309
Low
$260,594
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Concierge
Gym
Indoor Pool
Party Room
Rooftop Deck

Included in Maintenance Fees

Heat
Water
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Maint. Fee $529
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Maint. Fee $393
MLS#: X12816038
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1BA
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Maint. Fee $410
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210 - 180 York Street
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$275,000
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1BD
1BA
0 Parking
500-599 sqft
Maint. Fee $550
MLS#: X12881490
RE/MAX HALLMARK REALTY GROUP
11 days

About 1208 - 242 Rideau Street

Located at 1208 - 242 Rideau Street, this Ottawa condo is available for sale. It was listed at $265000 in March 2026 and has a Studio bed and 1 bathroom. 1208 - 242 Rideau Street resides in the Ottawa Sandy Hill neighbourhood, and nearby areas include ByWard Market, Lower Town, Downtown Ottawa and Centre Town.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

If you are looking for transit, don't fear, 242 Rideau St, Ottawa has a public transit Bus Stop (RIDEAU / NELSON) not far. It also has route , route , and more close by.