1808 - 242 Rideau Street, Ottawa, photo 1 1 / 24

$297,000

1808 - 242 Rideau Street

Sandy Hill, Ottawa, ON K1N0B7 · MLS® X14096744

  • 1Bathrooms

About this property

An ideal opportunity for first-time buyers, investors, university students or professionals. This well-priced and move-in ready studio apartment at Claridge Plaza offers urban living at its finest. Larger than many studios (440sq ft) this home features a welcoming foyer with tile flooring and two closets, an open-concept living area with hardwood floors, large windows, a private balcony overlooking a landscaped yard, an upgraded kitchen equipped with stainless steel appliances and quartz countertops, and a modern bathroom with a quartz vanity and full tub. In-unit laundry for your convenience. Storage locker included in the price. Freshly painted ( summer 2026) and tastefully decorated. Residents enjoy top-tier building amenities including large welcoming entrance hall, heated saltwater pool, gym, outdoor terrace, party lounge, theatre room, business center, and 24/7 concierge and security. Attractively rented until April 2027 at $1780. Well run condo building situated in the heart of the city's cultural hub with public transit right at your doorstep. Walking distance to Parliament Hill, the University of Ottawa, the Rideau Centre, the National Arts Centre, Ottawa Art Gallery, National Gallery of Canada and the ByWard Market. Schedule your viewing today! (id:65933)

Type
Condo apartment
Category
Single Family
Annual taxes
$2,843
Updated
Nov 4, 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 Royal Lepage Performance 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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