242 Rideau Street Unit 301, Ottawa

We have found 6 Condos that closely match the specifications of the property located at 242 Rideau Street Unit 301 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 379,900 and 489,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the K1N0B7 postal code area of Ottawa Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 242 Rideau Street Unit 301. The current price of the property is $609,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $487,920. This would result in a monthly mortgage payment of $2,852 over a 25-year amortization period.