$300,000
↓ $24,900 from $324,900
Est. payment $1,328/moCalculate yours
242 Rideau Street 204, Lower Town - Sandy Hill, ON K1N 0B7
4003 - Sandy Hill, Lower Town - Sandy Hill, ON K1N 0B7
- 1 Beds
- 1 Baths
- 1 Garage
- 600 Sq Ft
Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY MLS® X13639736
About this home
EXCEPTIONAL VALUE! PRICED TO SELL! AN INCREDIBLE OPPORTUNITY TO OWN IN THE HEART OF DOWNTOWN OTTAWA FOR JUST $300,000! Whether you’re a first-time buyer, investor, professional, or parent looking for a home for your university student, this well-located 1-bedroom condominium offers outstanding value at its newly reduced price! UNDERGROUND PARKING AND STORAGE LOCKER INCLUDED! Enjoy a bright, carpet-free interior featuring hardwood and tile flooring, an open-concept living and dining area, and expansive floor-to-ceiling windows that fill the space with natural light. The functional kitchen features granite countertops, subway tile backsplash, stainless steel fridge and stove, and an extended breakfast bar. A versatile nook provides the perfect space for a home office or study area. Step outside onto your oversized private balcony, ideal for relaxing or entertaining. The generously sized bedroom offers comfort and functionality, while the contemporary 3-piece bathroom features an oversized walk-in shower. Convenient IN-SUITE LAUNDRY! Residents enjoy fantastic building amenities, including an indoor swimming pool, fully equipped fitness centre, and party room with a full kitchen. LOCATION, LOCATION, LOCATION! Just steps from the University of Ottawa, Parliament Hill, Rideau Centre, restaurants, shopping, and public transit. Condo fees include heat, water/sewer, building insurance, recreation facilities, property management and common area maintenance. OUTSTANDING DOWNTOWN VALUE WITH PARKING AND STORAGE INCLUDED! DON’T MISS THIS OPPORTUNITY!
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- Price Change
- Size
- 600 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete
Lot & Parking
- Parking
- Underground garage · 1 total
Financial
- Property Taxes
- $3,946 (2025)
- Condo Fee
- $630/mo
- Fee Includes
- Heat Included, Water Included, Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- 4003 - Sandy Hill
- Cross Street
- Rideau St
Listing
- MLS® Number
- X13639736
- Days on Market
- 74
- Listed On
- 2026-08-05
- Possession
- Flexible
- Listed By
- ROYAL LEPAGE PERFORMANCE REALTY
Rooms
Features
Interior
- Storage Area Lockers
Property
- Public Transit
- Rec./Commun.Centre
Amenities
- Concierge
- Elevator
- Exercise Room
- Indoor Pool
- Party Room/Meeting Room
- Included
- Fridge, Stove, Microwave/Hood-fan, Dishwasher, Washer, Dryer
Mortgage calculator
Estimated mortgage payment
$1,328 per month
- Principal and interest
- $1,328
- Property tax
- $329
- Condo fees
- $630
- Estimated monthly cost
- $2,287
Your mortgage
- Mortgage amount
- $240,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $158,501
Cash to close
- Down payment
- $60,000
- Land transfer tax
- $2,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $62,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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