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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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242 Rideau Street, Lower Town - Sandy Hill, Ottawa - Unit 501
For SaleLower Town - Sandy Hill

242 Rideau Street, Lower Town - Sandy Hill, Ottawa - Unit 501

Condo Apartment for Sale

Lower Town - Sandy Hill, Ottawa, ON

0 days on market
$549,900
Show on Map
Show on Map
2Beds
2Baths
1,200–1,399Sqft
1Parking
Pet Friendly
Condo Apartment

Overview· 242 Rideau Street #501 Lower Town - Sandy Hill, Ottawa

MLS® #X14177012

Enjoy an unbeatable downtown location with stunning views of Parliament Hill!!! A spacious and well-designed 2-Bedroom plus DEN, 2 Bathrooms condo offering approximately 1,280 sq. ft. of living space. 1 Parking and 1 Locker are included, with an ADDITIONAL PARKING space available for purchase. Featuring impressive oversized curved windows, a functional layout with generously sized bedrooms, and a versatile den ideal for a home office or additional living space, this suite offers plenty of room and flexibility for comfortable urban living.The desirable north-west exposure offers stunning sunset views, allowing you to enjoy the warm evening glow over the city. Steps to the University of Ottawa, Rideau Centre, Shopping, Restaurants, LRT, Public Transit and all the conveniences of downtown living. Experience the best of downtown living with spacious interiors and breathtaking views of Parliament Hill!

Inclusions

Refrigerator, stove, dishwasher, microwave/hood fan, stacked washer and dryer.

Exclusions

None

Broker

HOME RUN REALTY INC.

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Walk Score®99Walker's ParadiseWalker's Paradise
Transit Score®91Rider's ParadiseRider's Paradise
Bike Score®97Biker's ParadiseBiker's Paradise
Schools789 schools within 1.5 km · nearest 562 m9 schools within 1.5 km · nearest 562 m
Parks6117 parks within 1 km · nearest 576 m17 parks within 1 km · nearest 576 m
Convenience9750 groceries, cafes and pharmacies within 1 km · nearest 71 m50 groceries, cafes and pharmacies within 1 km · nearest 71 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only
Pet Friendly100Pets are Welcome

Highlights & Amenities· 242 Rideau Street #501 Lower Town - Sandy Hill, Ottawa

Source: MLS® listing data
242 Rideau Street #501 Lower Town - Sandy Hill, Ottawa

Condo Apartment

242 Rideau Street #501 Lower Town - Sandy Hill, Ottawa

Lower Town - Sandy Hill

Type

Condo Apartment

Basement

None

Parking

Underground (1)

Property Tax

~$7,295/yr

Heating

Heat Pump

Laundry

Ensuite

Buying Essentials

Maintenance Fee

$1,148/mo

Fee Includes

Heat · Water · Common Elements · Building Insurance · Parking · Condo Taxes

Square Feet

~1,300 sqft

Parking

Underground (1)

Locker

Exclusive · Level P2 · #65

Finances

List Price

$549,900

Price per SQFT *

~$423/sqft

Property Tax

~$7,295/yr

* Price/SQFT is based on an approximation. Actual value may differ.

Property Specs

Property Type

Condo Apartment

MLS Size

1,200–1,399 sqft

Exposure

North West

Outdoor Space

Terrace

Basement

None

Living & Amenities

Laundry

Ensuite

Heating Type

Heat Pump

Features

Carpet Free

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Lower Town - Sandy Hill

Corp #

OCSCC 962

Property Manager

CMG

Listed On

Nov 13, 2026

Bike Storage

Concierge

Gym

Indoor Pool

Party Room/Meeting Room

Sauna

Price & Listing History

Days on Market

Current: 0 days

0306090120+

Rooms

Living Room(Main)

Balcony

16.0 x 25.3

406 sqft

Kitchen(Main)

Breakfast Area

7.2 x 7.5

54 sqft

Primary Bedroom(Main)

3 Pc Ensuite

10.8 x 11.5

124 sqft

Bedroom 2(Main)

3 Pc Bath

12.2 x 10.3

126 sqft

Den(Main)

7.6 x 6.8

52 sqft

RoomsDimensionsFeaturesSqft
Living Room(Main)16.0 x 25.3Balcony406
Kitchen(Main)7.2 x 7.5Breakfast Area54
Primary Bedroom(Main)10.8 x 11.53 Pc Ensuite124
Bedroom 2(Main)12.2 x 10.33 Pc Bath126
Den(Main)7.6 x 6.8—52

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Nearby Schools

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Schools closest to 242 Rideau Street #501 Lower Town - Sandy Hill, Ottawa.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,212/mo
Property Tax$608/mo
Total Monthly$2,820

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0