705 - 242 Rideau Street, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill · Near Cumberland Street · View map
About this home
Discover this bright and generously sized 1-bedroom corner unit, ideally situated in a prime downtown Ottawa location. Perfectly positioned within walking distance to the University of Ottawa, this unit also offers effortless access to numerous shopping centers, vibrant dining options, and major public transit routes making daily commuting and urban living exceptionally convenient. This well-maintained apartment is fully move-in ready. The corner layout ensures an abundance of natural light and added privacy, enhancing the overall tranquility of the living space. Optional on-site parking is available for an additional$150 per month, providing flexibility for those with vehicles. Whether you're a student seeking proximity to campus or a working professional desiring a peaceful retreat in the city core, this residence offers the perfect blend of comfort, convenience, and location. Don't miss this opportunity to live in one of Ottawas most sought-after downtown neighborhoods. *For Additional Property Details Click The Brochure Icon Below*
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 600-699 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- West
- Level
- 7
- Balcony
- Open
- Laundry
- In-Suite Laundry
- Furnished
- Unfurnished
Ownership & fees
- Ownership
- Condominium
- Complex
- OCSCC 962
- Property management
- CMG Condominium Management Group
- Pets
- Allowed, with restrictions
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Occupancy
- Tenant
- Possession
- December 1, 2026
- Cross street
- Cumberland Street
- Neighbourhood
- 4003 - Sandy Hill
More
- Price per sq ft
- ~$3 (at 650 sq ft)
- MLS® number
- X14146660
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Shared in the complex
- Concierge
- Exercise Room
- Gym
- Indoor Pool
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
242 Rideau Street, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill · Near Cumberland Street
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Listing history for 242 Rideau Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 705 - 242 Rideau Street
Answers come straight from this home’s MLS® listing.
How much is 705 - 242 Rideau Street listed for, and what would it cost each month?
705 - 242 Rideau Street is listed for $1,950. With 20% down ($390), the mortgage payment would be roughly $8 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9 a month, all in. That figure is an illustration, not a quote.
Is 705 - 242 Rideau Street freehold or a condo, and is there a monthly fee?
705 - 242 Rideau Street is a condo apartment in 4003 - Sandy Hill, Lower Town - Sandy Hill. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The listing does not show the maintenance fee, so ask for it and confirm the amount in the status certificate.
How many bedrooms and bathrooms does 705 - 242 Rideau Street have?
705 - 242 Rideau Street has 1 bedroom and 1 bathroom.
Does 705 - 242 Rideau Street have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
Does 705 - 242 Rideau Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 705 - 242 Rideau Street?
705 - 242 Rideau Street is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 705 - 242 Rideau Street?
The listing puts the home between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 705 - 242 Rideau Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
Are pets allowed at 705 - 242 Rideau Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 705 - 242 Rideau Street?
705 - 242 Rideau Street is in the 4003 - Sandy Hill community of Lower Town - Sandy Hill. The nearest main intersection is Cumberland Street. The postal code is K1N 0B7.
Is 705 - 242 Rideau Street still for sale?
Yes. It is an active listing (MLS® X14146660). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 705 - 242 Rideau Street asking?
Similar properties for sale nearby right now include 204 - 242 Rideau Street at $300,000 (1 bed), 1808 - 242 Rideau Street at $297,000 and 201 - 242 Rideau Street at $535,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 242 Rideau Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 705 - 242 Rideau Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4003 - Sandy Hill, picked by style, size and price.
Condo apartment$300,000204 - 242 Rideau Street, Lower Town - Sandy Hill1 bed · 1 bath · 4003 - Sandy HillCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Condo apartment$297,0001808 - 242 Rideau Street, Lower Town - Sandy Hill1 bath · 4003 - Sandy HillCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Condo apartment$535,000201 - 242 Rideau Street, Lower Town - Sandy Hill2 bed · 2 bath · 4003 - Sandy HillCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →Courtesy of: ICI SOURCE REAL ASSET SERVICES INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.