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242 Rideau Street Unit 204

4003 - Sandy Hill / Lower Town - Sandy Hill, ON K1N 0B7

ActiveFor Sale
1 Beds
1 Baths
600 Sq Ft
Condo
Virtual Tour Available

About This Property

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 PLUS DEN 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

StatusActive
Property TypeCondo
Listing TypeFor Sale
Interior Size600 sq ft
Bedrooms1
Bathrooms1
LockerOwned
BalconyOpen
ExposureNorth
Maint. Fee$630/mo
Taxes (2025)$3,946
Postal CodeK1N 0B7
Last UpdatedOct 28, 2026 · 2:33 p.m.

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Features & Amenities

  • Balcony
  • Air Conditioning
  • Locker

Buying or selling in Lower Town - Sandy Hill?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13639736

Listed by ROYAL LEPAGE PERFORMANCE REALTY

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$300,000

asking price

MLS®X13639736
TypeCondo
CityLower Town - Sandy Hill
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,465

/month · $240,000 mortgage

Down Payment20% — $60,000
Interest Rate5.5%

Amortization

Total Interest

$199,482

Total Cost

$439,482

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE PERFORMANCE REALTY