Condo for sale at 2406-242 Rideau Street, Ottawa, Ontario, K1N 0B7 - Sandy Hill - MLS: X13157860

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2406-242 Rideau Street

Ottawa, Ontario, K1N 0B7 - Sandy Hill

$349,900

Virtual Tour

Neighbourhood

Sandy Hill
Major Intersection

Rideau and Cumberland

Listed Since: 2 day(s)
Last update: today

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

600-699
Exposure

East
Total Parking

1 Underground Garage
Maintenance

$642
Taxes

$3,964.00 (2025)
Balcony

Open

Property Description

Property description for 2406-242 Rideau Street, Ottawa

Here it is! A spacious condo in downtown Ottawa, close to everything you need and want, including a new Metro grocery store right across the street, restaurants, shopping, easy transit, beautiful parks and University of Ottawa campus. Hardwood floors are featured throughout the living room/dining room as well as the bedroom with it's wide closet. Pull a chair up to the granite peninsula to work, eat or scroll, or invite your guests to take a seat there while you cook up a meal in the open concept kitchen. The in-suite laundry is tucked into it's own room with the bonus of lots of extra storage/storage shelves. Summer evenings can be spent on your personal balcony, directly off the living room and also accessed through the bedroom. On P5, your underground parking spot is located close to the elevators, and the included storage locker. 242 Rideau comes with great amenities - heated salt water pool, saunas, exercise room, party room, board room and landscaped terrace for summer BBQing. Helpful & friendly security is at the front desk 24 hours a day.

Listed by ROYAL LEPAGE TEAM REALTY

Property details

MLS #

X13157860
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

11-15
Basement

None
View

Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Community BBQ,Exercise Room,Indoor Pool,Party/Meeting Room,Sauna,Visitor Parking
Maintenance Fee Includes

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 #

X13157860
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

11-15
Basement

None
View

Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Community BBQ,Exercise Room,Indoor Pool,Party/Meeting Room,Sauna,Visitor Parking
Maintenance Fee Includes

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

Kitchen

2.98 x 1.94 ft Main level
Bathroom

3.09 x 2.16 ft Main level

4 Pc Bath
Laundry

2.39 x 1.45 ft Main level
Living

7.79 x 3.55 ft Main level

Combined W/Dining
Br

3.82 x 3.23 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

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

$451,222

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

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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.