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242 RIDEAU Street Unit 506

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

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

About This Property

Fully furnished 1-bedroom, 1-bathroom condo with a private balcony at 242 Rideau Street, right in the heart of downtown Ottawa. Located on the fifth floor of Claridge Plaza Phase 3, this open-concept unit feels new with fresh paint and features like hardwood flooring, a kitchen with granite countertops, stainless steel appliances and a breakfast bar overlooking the living area. Sliding doors lead to a private balcony facing the building's landscaped interior courtyard, while the bedroom offers large windows and closet space. A full bathroom and in-suite laundry complete the unit. Beyond your front door, residents enjoy access to an indoor pool, sauna, fitness centre, party room, outdoor terrace and 24-hour concierge service. Metro is directly across the street, with the ByWard Market, CF Rideau Centre, University of Ottawa and Rideau O-Train station all within walking distance. Whether you're commuting downtown, heading out for dinner or picking up groceries, it's easy to get around without a car. Offered fully furnished for $2,000/month, with hydro and internet extra and no parking included.

Property Details

StatusActive
Property TypeCondo
Listing TypeFor Rent
Interior Size600 sq ft
Bedrooms1
Bathrooms1
LockerOwned
BalconyOpen
ExposureNorth
Postal CodeK1N 0B7
Last UpdatedOct 28, 2026 · 1:26 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® X14110900

Listed by RE/MAX HALLMARK REALTY GROUP

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.

$2,000

per month

MLS®X14110900
TypeCondo
CityLower Town - Sandy Hill
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$10

/month · $1,600 mortgage

Down Payment20% — $400
Interest Rate5.5%

Amortization

Total Interest

$1,330

Total Cost

$2,930

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

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Listed By

RE/MAX HALLMARK REALTY GROUP