101 - 589 RIDEAU STREET, Ottawa

$379,800

For sale: Apartment

Apartment at 101 - 589 RIDEAU STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
599 sqft
MLS®
MLS® X14091088
Neighbourhood
4002 - Lower Town

Welcome to Wallis House, one of Ottawa's most unique and historic residences. Originally a 19th-century hospital, this beautifully converted building combines timeless character with modern downtown living.This exceptional one bedroom, one-bathroom unit offers a rare and versatile layout with two separate entrances one from the building and one opening directly onto your own private terrace. This unique feature provides exceptional privacy, convenience, and a seamless connection to outdoor living, creating a truly special urban retreat.The unit features beautiful hardwood flooring, a cozy fireplace, a modern kitchen, and the convenience of in-unit laundry. The thoughtfully designed layout offers a comfortable and functional living space, perfect for homeowners, professionals, or investors looking for a unique rental opportunity in the heart of downtown Ottawa.Residents can enjoy exceptional building amenities, including a rooftop terrace and guest suite, all while being steps away from Parliament Hill, the ByWard Market, restaurants, shopping, public transit, and everything downtown Ottawa has to offer.Whether you are seeking a distinctive urban home or a property with excellent rental potential, this one of a kind residence offers a rare opportunity to experience the charm and convenience of Wallis House.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 60, across 324 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $399,900.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$399,900
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 324 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 101 - 589 RIDEAU STREET