For sale

This one's priced below recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Ottawa · Sandy Hill

242 Rideau Street, Unit 501

Condo Apartment

MLS® #X14177012

Listed for$549,9001 day on market

2 bed 2 bath 1 parking 1200-1399 sq ft~$423/sq ft

New this week
Transit stop ~236.9 km

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Is $549,900 a fair price?

Our read: it’s priced below recent comparable sales — based on 49 sales nearby. Sign in free to see exactly how far below it is, plus the full range comparable homes sold in.

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Measured against 49 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$4,297/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~236.89 km

Property information

What condo buyers ask first

Maintenance fee: $1,130 / month
Fee includes: Heat · Water · Parking
Square footage: 1200-1399 sq ft
Parking: 1 space · Underground
Locker: Exclusive
Exposure: North West
Balcony: Terrace
Property tax: $7,295 / yr
Building: 5-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: Apartment
Parking: 1 space · Underground
Heating: Heat Pump
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Brick
Property tax: $7,295 / yr
MLS®: X14177012

Room dimensions

Primary Bedroom3 Pc Ensuite

Main3.28 × 3.51 m

KitchenBreakfast Area

Main2.18 × 2.28 m

Bedroom 23 Pc Bath

Main3.72 × 3.14 m

Living RoomBalcony

Main4.88 × 7.72 m

Den

Main2.32 × 2.08 m

Bathroom

Main—

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$275,000

In line with recent sales

15 Murray Street, Unit 308

1 bed · 1 bath·600-699 sq ft·1 parking·$664/mo fee

Ottawa

Listed 4 days ago · RE/MAX Prime Properties

Condo Apartment

$1,035,000

Above recent sales

195 Besserer Street, Unit 2701

2 bed · 2 bath·1200-1399 sq ft·1 parking·$976/mo fee

Ottawa

Listed 7 days ago · Royal LePage Performance Realty

Condo Apartment

$295,000

Above recent sales

200 BESSERER Street, Unit 106

1 bed · 1 bath·600-699 sq ft·1 parking·$480/mo fee

Ottawa

Listed 2 days ago · RE/MAX Hallmark Realty Group

Condo Apartment

$350,000

Above recent sales

200 Rideau Street, Unit #1302

1 bed · 1 bath·700-799 sq ft·$513/mo fee

Ottawa

Listed 3 days ago · Homelife Landmark Realty Inc.

Condo Apartment

$325,000

Above recent sales

200 Rideau Street, Unit 807

1 bed · 1 bath·600-699 sq ft·1 parking·$526/mo fee

Ottawa

Listed 5 days ago · Royal LePage Team Realty

Condo Apartment

$429,880

Above recent sales

134 York Street, Unit 301

2 bed · 2 bath·800-899 sq ft·1 parking·$733/mo fee

Ottawa

Listed 1 day ago · Royal LePage Integrity Realty

The numbers that matter

Maintenance fee: $1,130/mo
Property tax: $7,295/yr
Est. all-in: ~$4,297/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~236.9 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$629KMedian sold

34Median days on market

98.1%Sale-to-list

Median sold price · Ottawa1-yr +1% · 3-yr +6%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Enjoy an unbeatable downtown location with stunning views of Parliament Hill!!! A spacious and well-designed 2-Bedroom plus DEN, 2 Bathrooms condo offering approximately 1,280 sq. ft. of living space. 1 Parking and 1 Locker are included, with an ADDITIONAL PARKING space available for purchase. Featuring impressive oversized curved windows, a functional layout with generously sized bedrooms, and a versatile den ideal for a home office or additional living space, this suite offers plenty of room and flexibility for comfortable urban living.The desirable north-west exposure offers stunning sunset views, allowing you to enjoy the warm evening glow over the city. Steps to the University of Ottawa, Rideau Centre, Shopping, Restaurants, LRT, Public Transit and all the conveniences of downtown living. Experience the best of downtown living with spacious interiors and breathtaking views of Parliament Hill!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by HOME RUN REALTY INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.