Condo for sale at 704-242 RIDEAU Street, Ottawa, Ontario, K1N 0B7 - Sandy Hill - MLS: X13416420

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704-242 RIDEAU Street

Ottawa, Ontario, K1N 0B7 - Sandy Hill

$325,000

Neighbourhood

Sandy Hill
Major Intersection

Corner of Rideau Street and Cumberland.

Listed Since: 2 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

600-699
Exposure

North
Total Parking

n/a
Maintenance

$543
Taxes

$3,758.72 (2026)
Balcony

Encl

Property Description

Property description for 704-242 RIDEAU Street, Ottawa

Welcome to one of Ottawa's most recognizable downtown condominium addresses. This bright and spacious 1-bedroom plus den suite offers approximately 660 sq. ft. of thoughtfully designed living space, plus a private balcony with partial views of Parliament Hill and a designated den area. The unit also includes a private storage locker, providing valuable additional space.Located in the heart of downtown Ottawa, this unbeatable location places you just steps from the Rideau Centre, National Arts Centre, University of Ottawa, LRT station, Parliament Hill, the ByWard Market, and countless restaurants, shops, cafés, and entertainment venues. Whether you're commuting, studying, working downtown, or enjoying city life, everything you need is right at your doorstep.Residents enjoy an exceptional lifestyle with premium amenities, including 24-hour security and concierge service, an indoor swimming pool, sauna, fitness centre, BBQ patio, and more. Parking is available for rent within the building at an affordable monthly cost, making ownership convenient even without an owned parking space.Perfect for professionals, students, investors, or anyone seeking the convenience and energy of downtown living. An excellent opportunity to own a well-located condo in one of Ottawa's most iconic urban communities. Ideal as a principal residence or investment property in a highly desirable downtown location. Move-in Ready!

Listed by KELLER WILLIAMS ICON REALTY

Property details

MLS #

X13416420
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

11-15
Basement

None
View

City, Downtown
Garage

None
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Party/Meeting Room,Rooftop Deck/Garden,Indoor Pool,Visitor Parking,Exercise Room
Maintenance Fee Includes

Heat, Water
Property Management

Condo 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 #

X13416420
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

11-15
Basement

None
View

City, Downtown
Garage

None
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Party/Meeting Room,Rooftop Deck/Garden,Indoor Pool,Visitor Parking,Exercise Room
Maintenance Fee Includes

Heat, Water
Property Management

Condo 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

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

May 2026

$363,492

Last 3 Months

$408,722

Last 12 Months

$401,093

May 2025

$572,900

Last 3 Months LY

$471,962

Last 12 Months LY

$444,355

Change

-37%

Change

-13%

Change

-10%

Historical Average Selling Price of a Condo Apt in Sandy Hill

Average Selling Price

3 years ago

$344,333

Average Selling Price

5 years ago

$449,940

Average Selling Price

10 years ago

$306,000

Change

-19%

Change

19%

How many days Condo Apt takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-22%

Change

-4%

Change

29%

Average Selling price

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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.