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242 RIDEAU STREET UNIT#2307, Ottawa, Ontario, K1N 0B7

MLS® # 1368855
Condo For Sale In Byward Market, Ottawa, Ontario
$420,000 QuickQuoteTM: $392K - $478K

1 Beds

1 Bath

242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Other Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink With Upgraded Kitchen
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Bathroom
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Laundry Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Living Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Living Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Living Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor
242 Rideau Street Unit#2307, Ottawa, ON -  With Exterior
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Exterior
242 Rideau Street Unit#2307, Ottawa, ON - Other
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Other Room With In Ground Pool
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Gym Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Bathroom
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Office
242 Rideau Street Unit#2307, Ottawa, ON - Indoor
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON  - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON  - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON  - Indoor Photo Showing Other Room
242 Rideau Street Unit#2307, Ottawa, ON  - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink With Upgraded Kitchen
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Bathroom
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Laundry Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Living Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Living Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Living Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor
242 Rideau Street Unit#2307, Ottawa, ON -  With Exterior
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Exterior
242 Rideau Street Unit#2307, Ottawa, ON - Other
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Other Room With In Ground Pool
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Gym Room
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Bathroom
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor
242 Rideau Street Unit#2307, Ottawa, ON - Indoor Photo Showing Office
242 Rideau Street Unit#2307, Ottawa, ON - Indoor
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Facade
242 Rideau Street Unit#2307, Ottawa, ON - Outdoor With Facade
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242 RIDEAU STREET UNIT#2307, Ottawa, Ontario, K1N 0B7
$420,000

1 Beds

1 Bath

Property Information:

Exclusively for Investors!! PROPERTY UNDER LEASE until August 24th, 2024 Fantastic investment prospect with an outstanding A++ Tenant. Welcome to 242 Rideau. Discover a luminous and roomy 1-bedroom, 1-bath condo with an open concept, ideally situated in the vibrant Sandy Hill/Byward Market neighborhood. This residence boasts stainless steel appliances, granite countertops, hardwood floors, in-unit laundry, ample storage and closet space. Revel in the building's abundant amenities, including a saltwater pool, exercise facility, sauna, theater room, conference room, and 24/7 security/concierge service. This condominium provides the perfect blend of luxury, convenience, and location. Nestled in a prime city area, it's within walking distance to all the downtown Ottawa amenities—from chic restaurants and cafes to museums, galleries, grocery stores, and more. . Landmarks including Ottawa U, Elgin St., Parliament, National Art Centre & Rideau Centre. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Amenities: Party Room, Sauna, Laundry - In Suite, Exercise Centre
  • Basement Development: Not Applicable
  • Basement Type: None
  • Exterior Finish: Stucco, Concrete
  • Fire Protection: Smoke Detectors
  • Flooring Type: Hardwood, Tile
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Refrigerator, Dishwasher, Dryer, Microwave Range Hood Combo, Washer, Blinds

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 1
  • Bathrooms: 1
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping, Water Nearby
  • Built in: 2014
  • Community Features: Pets Allowed
  • Condo Fees: $546 Monthly
  • Features: Elevator, Balcony
  • MaintenanceFee Type: Property Management, Waste Removal, Caretaker, Heat, Water, Other, See Remarks
  • Utility Type: Fully serviced - Available
  • Zoning: N/A
  • Sewer: Municipal sewage system
  • Parking Type: Underground
  • No. of Parking Spaces: 1

Rooms:

  • Kitchen Main Level 14'1" x 11'2"
  • Bathroom Main Level 6'1" x 8'0"
  • Laundry Main Level 3'6" x 7'3"
  • Dining Main Level 10'11" x 7'7"
  • Living Main Level 11'8" x 11'2"
  • Bedroom Main Level 10'1" x 11'6"
  • Other Main Level 11'8" x 4'3"

Courtesy of: RE/MAX HALLMARK REALTY GROUP

REALTOR.ca 

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Location of 242 RIDEAU STREET UNIT#2307, Ottawa, Ontario, K1N 0B7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 242 RIDEAU STREET UNIT#2307 , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 242 RIDEAU STREET UNIT#2307 , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 242 RIDEAU STREET UNIT#2307, Ottawa, Ontario, K1N 0B7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$133,502.45

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

3.03 %

High school certificate or equivalent

20.51 %

Apprenticeship trade certificate/diploma

1.8 %

College/non-university certificate

12.16 %

University certificate (below bachelor)

2.49 %

University Degree

60.02 %

Commuter

Travel To Work

By Car

37.31 %

By Public Transit

19.14 %

By Walking

35.35 %

By Bicycle

3.91 %

By Other Methods

4.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

98.32 %

Houses

1.68 %

Own Vs. Rent