Condo for sale at 204-242 Rideau Street, Ottawa, Ontario, K1N 0B7 - Sandy Hill - MLS: X12902864

new
for sale
for lease
sold
leased
terminated
expired
suspended

204-242 Rideau Street

Ottawa, Ontario, K1N 0B7 - Sandy Hill

$339,900

Virtual Tour

Neighbourhood

Sandy Hill
Major Intersection

Rideau St

Listed Since: 33 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

600-699
Exposure

North
Total Parking

1 Underground Garage
Maintenance

$630
Taxes

$3,946.48 (2025)
Balcony

Open

Property Description

Property description for 204-242 Rideau Street, Ottawa

Ideally located in the vibrant core of downtown Ottawa, this stylish 1-bedroom condominium offers exceptional urban living complete with UNDERGROUND PARKING and a STORAGE locker. Step inside to a carpet-free interior featuring hardwood and tile flooring throughout. The modern kitchen is functional showcasing granite countertops, a sleek subway tile backsplash, stainless steel fridge and stove and an extended breakfast bar-perfect for casual dining or entertaining guests. Designed with an open-concept layout, the living space is enhanced by expansive floor-to-ceiling windows creating a bright and airy ambiance. A thoughtfully designed nook provides the perfect space for a study area-ideal for today's flexible lifestyle. From the living area, step onto the oversized private balcony! The ample size bedroom offers comfort and versatility, while the contemporary 3-piece bathroom features a modern design complete with an oversized walk-in shower. IN-SUITE LAUNDRY adds everyday convenience. Residents enjoy access to an impressive array of amenities, including an indoor pool, fully equipped fitness centre & party room with full kitchen. Unbeatable location just steps to the University of Ottawa, Parliament Hill and the Rideau Centre. With Ottawa U only an 10-minute walk away, this property is an excellent opportunity for investors or parents seeking a well-located home for a student. All amenities within walking distance! Condo fees include building insurance, heat, water/sewer, recreation facilities, property management, and common area maintenance-offering a truly turnkey lifestyle.

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Property details

MLS #

X12902864
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

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

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

Heat, Water
Property Management

CMG 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 #

X12902864
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

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

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

Heat, Water
Property Management

CMG 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

3.38 x 5.23 ft Main level

W/O To Balcony, hardwood floor
Kitchen

3.38 x 3.17 ft Main level

Breakfast Bar, Granite Counter
Br

2.94 x 3.73 ft Main level

Hardwood Floor
Bathroom

2.13 x 2.8 ft Main level
Other

2.93 x 1.99 ft Main level
Laundry

1.02 x 1.72 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

March 2026

$483,720

Last 3 Months

$386,121

Last 12 Months

$423,401

March 2025

$405,750

Last 3 Months LY

$442,667

Last 12 Months LY

$438,820

Change

19%

Change

-13%

Change

-4%

Historical Average Selling Price of a Condo Apt in Sandy Hill

Average Selling Price

3 years ago

$451,667

Average Selling Price

5 years ago

$406,549

Average Selling Price

10 years ago

$297,000

Change

19%

Change

63%

Number of Condo Apt Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-37%

Change

40%

Change

14%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

47%

Change

138%

Change

45%

Average Selling price

Inventory Graph

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

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.