$ 2,000

506 - 242 Rideau Street, Ottawa

Fully furnished 1-bedroom, 1-bathroom condo with a private balcony at 242 Rideau Street, right in the heart of downtown Ottawa. Located on the fifth floor of Claridge Plaza Phase 3, this open-concept unit features hardwood flooring, a kitchen with granite countertops, stainless steel appliances and a breakfast bar overlooking the living area. Sliding doors lead to a private balcony facing the building's landscaped interior courtyard, while the bedroom offers large windows and closet space. A full bathroom and in-suite laundry complete the unit. Beyond your front door, residents enjoy access to an indoor pool, sauna, fitness centre, party room, outdoor terrace and 24-hour concierge service. Metro is directly across the street, with the ByWard Market, CF Rideau Centre, University of Ottawa and Rideau O-Train station all within walking distance. Whether you're commuting downtown, heading out for dinner or picking up groceries, it's easy to get around without a car. Offered fully furnished for $2,000/month, with hydro and internet extra and no parking included. (id:1945)
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Property details for 506 - 242 Rideau Street, Ottawa

Type
Apartment
Bedrooms
1
Bathrooms
1
Basement
None, None
Parking
Garage, Underground
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Concrete
Ownership
Condo/Strata

Nearby Listings Stat

Estimated price and comparable properties near 506 - 242 Rideau Street

Active Listings
123
Min Price
$1,449
Max Price
$3,590
Avg Price
$2,023
Days on Market
35
days
Sold Listings
51
Min Sold Price
$1,350
Max Sold Price
$2,400
Avg Sold Price
$1,902
Days until Sold
35
days

Neighbourhood Census Data

Ottawa, Ontario

Population
1,206
Median Age
29.7
Median Income
$37,525
Dwelling Value
$349,919

Housing Tenure

Owners 31%
Renters 68%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 12,536.4/km²
Avg Shelter Cost: $1,593/mo
Owners with Mortgage: 72%
Owners Spending 30%+: 36%
Tenants Spending 30%+: 50%
English only: 55.6%
French only: 0.8%
English and French: 41.9%
Neither: 2.5%
Median Household Income: $57,088
Median Employment Income: $36,896

Price History

Listed
October 23, 2026
by RE/MAX HALLMARK REALTY GROUP
Current Price
$2,000
Type
Apartment
For Rent
506 - 242 Rideau Street

Contact Agent Get in touch about 506 - 242 Rideau Street, Ottawa

Matt Richling
Matt Richling
RE/MAX HALLMARK REALTY GROUP