101 - 589 Rideau Street, Ottawa, photo 1 1 / 24

$379,800

101 - 589 Rideau Street

Lower Town, Ottawa, ON K1N6A1 · MLS® X14091088

  • 1Bedrooms
  • 1Bathrooms
  • 1Parking

About this property

Welcome to Wallis House, one of Ottawa's most unique and historic residences. Originally a 19th-century hospital, this beautifully converted building combines timeless character with modern downtown living.This exceptional one bedroom, one-bathroom unit offers a rare and versatile layout with two separate entrances one from the building and one opening directly onto your own private terrace. This unique feature provides exceptional privacy, convenience, and a seamless connection to outdoor living, creating a truly special urban retreat.The unit features beautiful hardwood flooring, a cozy fireplace, a modern kitchen, and the convenience of in-unit laundry. The thoughtfully designed layout offers a comfortable and functional living space, perfect for homeowners, professionals, or investors looking for a unique rental opportunity in the heart of downtown Ottawa.Residents can enjoy exceptional building amenities, including a rooftop terrace and guest suite, all while being steps away from Parliament Hill, the ByWard Market, restaurants, shopping, public transit, and everything downtown Ottawa has to offer.Whether you are seeking a distinctive urban home or a property with excellent rental potential, this one of a kind residence offers a rare opportunity to experience the charm and convenience of Wallis House. (id:65933)

Type
Condo apartment
Category
Single Family
Annual taxes
$3,339
Updated
Oct 17, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Ideal Properties Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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