1601 - 242 RIDEAU STREET, Ottawa

$3,000/mo

For rent: Apartment

Apartment at 1601 - 242 RIDEAU STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,399 sqft
MLS®
MLS® X13781366
Neighbourhood
4003 - Sandy Hill

Experience downtown Ottawa from this impressive 2-bedroom, 2-bathroom corner condo in a prestigious Claridge building. Offering approximately 1,280 sq. ft. of bright, open-concept living space, this spacious residence combines comfort, style, and exceptional convenience. Floor-to-ceiling windows fill the unit with natural light and showcase beautiful city views. The interior features gleaming hardwood floors, granite countertops, a fully equipped kitchen, and a private balcony, the perfect place to relax and enjoy the downtown skyline. Located just steps from the CF Rideau Shopping Center, the ByWard Market, the Parliament Hill, the University of Ottawa, the Rideau Canal, restaurants, cafés, public transit, and everyday essentials, this address puts the best of Ottawa right outside your door. Residents enjoy access to excellent building amenities, including an indoor swimming pool, fitness centre, recreation and party room, bicycle racks, outdoor BBQ, and more. One underground parking space and a storage locker are also included. Rent includes heat, water, air conditioning, underground parking, storage locker, and access to the building's amenities. The tenant pays only hydro and internet. Available for immediate occupancy. Please note that pets are not permitted. At 242 Rideau Street, downtown Ottawa is more than a location-it's a lifestyle where culture, dining, entertainment, and convenience come together.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 365 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.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
34
Median sale price
$399,900
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 365 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 AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

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

Currently for sale

Homes for sale near 1601 - 242 RIDEAU STREET