Condo for sale at 1501-242 Rideau Street, Ottawa, Ontario, K1N 0B7 - Sandy Hill - MLS: X13649628

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1501-242 Rideau Street

Ottawa, Ontario, K1N 0B7 - Sandy Hill

$695,000

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Neighbourhood

Sandy Hill
Major Intersection

Cumberland

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1200-1399
Exposure

North
Total Parking

1 Underground Garage
Maintenance

$1,148
Taxes

$6,900.00 (2026)
Balcony

Terr

Property Description

Property description for 1501-242 Rideau Street, Ottawa

Experience sophisticated urban living in this stylish 1,280 sq. ft. condo, featuring a modern open-concept layout and panoramic views overlooking Rideau Street, Parliament Hill, and the Gatineau Hills. Expansive living and dining area featuring premium hardwood flooring. Modern culinary kitchen space equipped with granite countertops, a spacious eating area, and four high-end stainless-steel appliances. Generous Primary bedroom complete with a walk-in closet and a private 3-piece ensuite bathroom. Well-appointed second bedroom with direct access to the main bathroom and a private balcony. Hardwood flooring, ensuite laundry, and granite counters throughout. Includes one underground parking spot, one locker and access to excellent on-site building amenities.

Listed by RE/MAX HALLMARK REALTY GROUP

Property details

MLS #

X13649628
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City, Downtown, River, Skyline, Hills
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

Exclusive
Pets Permitted

Yes-with Restrictions
Exterior

Other
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

n/a
Building Amenities

Elevator,Concierge,Indoor Pool,Party/Meeting Room,Sauna,Media Room
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Condominium Management Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X13649628
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City, Downtown, River, Skyline, Hills
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

Exclusive
Pets Permitted

Yes-with Restrictions
Exterior

Other
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

n/a
Building Amenities

Elevator,Concierge,Indoor Pool,Party/Meeting Room,Sauna,Media Room
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Condominium Management Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

7.72 x 4.87 ft Main level
Dining

2.43 x 1.95 ft Main level
Kitchen

2.43 x 2.13 ft Main level
Primary

3.65 x 3.04 ft Main level
2nd Br

3.42 x 3.09 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Sandy Hill

Active listings

Average Selling Price of a Condo Apt

July 2026

$353,500

Last 3 Months

$390,264

Last 12 Months

$397,625

July 2025

$413,750

Last 3 Months LY

$473,939

Last 12 Months LY

$441,595

Change

-15%

Change

-18%

Change

-10%

Historical Average Selling Price of a Condo Apt in Sandy Hill

Average Selling Price

3 years ago

$486,200

Average Selling Price

5 years ago

$488,227

Average Selling Price

10 years ago

$307,500

Change

-27%

Change

-28%

Change

15%

Number of Condo Apt Sold

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

-50%

Change

11%

Change

14%

How many days Condo Apt takes to sell (DOM)

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

-41%

Change

-25%

Change

20%

Average Selling price

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.