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$ 378,000
Est. payment /mo
New
242 Rideau ST #1406 Ottawa, ON K1N0B7
1 Bed
1 Bath
599 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium/Strata
Listing Status Active
Purchase Type For Sale
Square Footage 599 sqft
Price per Sqft $631
Subdivision 4003 - Sandy Hill
MLS® Listing ID X11984848
Bedrooms 1
Condo Fees $642/mo
Originating Board Ottawa Real Estate Board
Property Sub-Type Condominium/Strata
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! (id:24570)
Location
Province ON
Rooms
Extra Room 1 Main level 3.12 m X 3.51 m Bedroom
Extra Room 2 Main level 1.96 m X 2.95 m Kitchen
Extra Room 3 Main level 3.53 m X 6.35 m Living room
Extra Room 4 Main level Measurements not available Bathroom
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features Pet Restrictions
View Y/N No
Total Parking Spaces 1
Private Pool No
Others
Ownership Condominium/Strata