Condo sold at 2505-242 Rideau Street, Ottawa, Ontario, K1N 0B7 - Sandy Hill - MLS: X12352266

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2505-242 Rideau Street

Ottawa, Ontario, K1N 0B7 - Sandy Hill

$354,900$000000

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Neighbourhood

Sandy Hill
Major Intersection

Rideau/Cumberland

Listed Since: 258 day(s)
Last update: 219 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

1
Bathrooms

1
Square Feet

600-699
Exposure

North West
Total Parking

1 Underground Garage
Maintenance

$600
Taxes

$3,635.00 (2024)
Balcony

Encl

Property Description

Property description for 2505-242 Rideau Street, Ottawa

Experience refined urban living in one of downtown Ottawa's most desirable addresses. Situated high above the city streets, this bright and contemporary 1 bedroom condo offers a serene escape with sweeping skyline views. The thoughtfully designed open-concept layout is bathed in natural light, thanks to expansive floor-to-ceiling windows that bring the city into view while maintaining a sense of calm and quiet. The modern kitchen features stainless steel appliances, Subway tile backsplash, an island with seating, and ample storage, seamlessly flowing into a flexible living and dining space, perfect for cozy nights in or hosting friends. The spacious bedroom provides a comfortable retreat, complemented by a sleek, 3-piece bathroom. In-unit laundry adds everyday ease, while the private balcony becomes your go-to spot for morning coffee or evening sunsets. This unit also comes with underground parking and a storage locker, ticking all the boxes for convenience. As a resident, you'll enjoy access to top-tier amenities including an indoor pool, a fully equipped gym, a conference room, and a chic lounge area ideal for remote work or casual gatherings. Steps from the University of Ottawa, Rideau Centre, ByWard Market, and major transit routes, this location blends quiet comfort with unbeatable accessibility. If you've been waiting for the perfect mix of style, functionality, and downtown vibrancy. welcome home!

Listed by EXP REALTY

Property details

MLS #

X12352266
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

OCSCC
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 #

X12352266
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

OCSCC
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

Kitchen

3.21 x 3.48 ft Main level
Living

3.2 x 5.23 ft Main level

W/O To Balcony
Primary

2.81 x 3.41 ft Main level

W/O To Balcony
Bathroom

2.82 x 1.7 ft Main level

Combined W/Laundry

Contact Manoj Kukreja

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

Estimated price

Date

Price

Change

2025-08-19

$372,564

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Local Real Estate Price Trends for Condo Apt in Sandy Hill

Active listings

Average Selling Price of a Condo Apt

April 2026

$378,953

Last 3 Months

$394,758

Last 12 Months

$418,544

April 2025

$437,236

Last 3 Months LY

$426,912

Last 12 Months LY

$436,891

Change

-13%

Change

-8%

Change

-4%

Historical Average Selling Price of a Condo Apt in Sandy Hill

Average Selling Price

3 years ago

$518,333

Average Selling Price

5 years ago

$449,000

Average Selling Price

10 years ago

$350,000

Change

-27%

Change

-16%

Change

Number of Condo Apt Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-11%

Change

14%

How many days Condo Apt takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-22%

Change

26%

Change

40%

Average Selling price

Inventory Graph

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First time home buyer

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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.