$ 695,000

1501 - 242 Rideau Street, Ottawa

Experience sophisticated urban living in this stylish 1,280 sq. ft. condo, featuring a modern open-concept layout and panoramic views overlooking Rideau Street, Parliament Hill, and the Gatineau Hills. Expansive living and dining area featuring premium hardwood flooring. Modern culinary kitchen space equipped with granite countertops, a spacious eating area, and four high-end stainless-steel appliances. Generous Primary bedroom complete with a walk-in closet and a private 3-piece ensuite bathroom. Well-appointed second bedroom with direct access to the main bathroom and a private balcony. Hardwood flooring, ensuite laundry, and granite counters throughout. Includes one underground parking spot, one locker and access to excellent on-site building amenities. (id:1945)
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Property details for 1501 - 242 Rideau Street, Ottawa

Type
Apartment
Bedrooms
2
Bathrooms
2
Basement
None
Parking
Underground, No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Ownership
Condo/Strata
Annual Taxes
$6,900 (2025)
Condo Fee
$1,148 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 1501 - 242 Rideau Street

Active Listings
120
Min Price
$310,000
Max Price
$995,000
Avg Price
$592,653
Days on Market
59
days
Sold Listings
49
Min Sold Price
$300,000
Max Sold Price
$1,127,000
Avg Sold Price
$573,404
Days until Sold
76
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
August 7, 2026
by RE/MAX HALLMARK REALTY GROUP
Current Price
$695,000
Type
Apartment
For Sale
1501 - 242 Rideau Street

Contact Agent Get in touch about 1501 - 242 Rideau Street, Ottawa

Nim Moussa
Nim Moussa
RE/MAX HALLMARK REALTY GROUP