242 Rideau ST #1406 new Save Request In-Person Tour Request Virtual Tour
Lower Town - Sandy Hill,ON K1N 0B7
Key Details
Property Type Condo
Sub Type Condo Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 600-699
Subdivision 4003 - Sandy Hill
MLS Listing ID X11984848
Style Apartment
Bedrooms 1
HOA Fees $642
Annual Tax Amount $3,929
Tax Year 2024
Property Sub-Type Condo Apartment
Property Description
Modern 1-Bedroom Condo in the Heart of ByWard Market Prime Downtown Location! Built in 2014 by renowned builder Claridge, this well-maintained 675 sq. ft. condo offers modern living in one of Ottawas most vibrant neighbourhoods. Located in the heart of ByWard Market and downtown Ottawa, everything you need is just steps away - festivals, the Rideau Canal, shops, restaurants, grocery stores, and the Rideau Centre. Its across from the new Metro store and minutes from Parliament Hill, Majors Hill Park, the University of Ottawa, and more. This condo presents an excellent investment opportunity, with strong demand from professionals and university students, ensuring high rental potential and positive cash flow. Commuting is easy with the LRT just steps away and a bus stop at your door. The unit features a smart, square layout that maximizes space. Large south-facing windows in both the living room and bedroom flood the unit with natural light. Enjoy stylish new luxury laminate flooring in the living area, durable ceramic flooring in the foyer, kitchen, and closet, granite countertops, stainless steel appliances, and ample storage. In-unit laundry and additional storage inside the unit and in a dedicated locker are included. **One underground parking space** is also provided. Step out onto the spacious balcony, perfect for relaxing in the warmer months. Residents enjoy a 7,250 sq. ft. recreation area with an indoor pool, saunas, gym, party room, landscaped outdoor terraces, and BBQs. The building offers 24-hour security, concierge service, and surveillance for added peace of mind. A $129 million revitalization plan is underway for ByWard Market, enhancing the area with a greener, more pedestrian-friendly environment. This initiative will further increase the appeal of living at 242 Rideau, making it an even more desirable place to call home. Don't miss this fantastic opportunity to own in one of Ottawas most central locations. Contact us today for your private tour!
Location
Province ON
County Ottawa
Community 4003 - Sandy Hill
Area Ottawa
Rooms
Family Room Yes
Basement None
Kitchen 1
Interior
Interior Features Storage Area Lockers
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 1.0
Exposure South West
Total Parking Spaces 1
Building
Story 14
Locker Owned
Others
Security Features Concierge/Security
Pets Allowed Restricted