502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

MLS® # X12384797

Condo For Sale In Lowertown, Ottawa, Ontario

$435,000 QuickQuote^TM: $376K - $504K

2 Beds

2 Baths

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502 - 242 Rideau Street, Ottawa, ON - Outdoor With Facade

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Kitchen

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Upgraded Kitchen

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

502 - 242 Rideau Street, Ottawa, ON - Indoor

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Other Room

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Living Room

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Bedroom

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Bathroom

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Office

502 - 242 Rideau Street, Ottawa, ON - Outdoor With Balcony

502 - 242 Rideau Street, Ottawa, ON - Outdoor With Deck Patio Veranda

502 - 242 Rideau Street, Ottawa, ON - Indoor Photo Showing Other Room With In Ground Pool

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502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

$435,000

2 Beds

2 Baths

Property Information:

Experience the best of downtown living in this stylish 2-bedroom + den condo, perfectly located in one of Ottawas most vibrant neighbourhoods. Freshly painted and move-in ready, this thoughtfully designed unit features elegant hardwood floors, a gourmet kitchen with granite countertops, stainless steel appliances, and sleek cabinetry ideal for both everyday living and entertaining.The spacious primary suite offers a walk-in closet and a luxurious ensuite, while the versatile den provides the perfect space for a home office or reading nook. Floor-to-ceiling windows fill the space with natural light, and a private balcony showcases sweeping city views.This sought-after building offers premium amenities including 24/7 security, an indoor pool, a party room, a fully equipped fitness centre, and a 3,000+ sq. ft. rooftop terrace. The unit also includes one underground parking space and a storage locker for added convenience.Just steps to grocery stores, the University of Ottawa, NAC, Parliament Hill, the LRT, shops, restaurants, and more, this home combines comfort, style, and unbeatable convenience. Don't miss your chance to own this modern, move-in-ready condo in the heart of the city. Book your private showing today! (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Storage - Locker
Basement Type: None
Exterior Finish: Stone
Floor Space: 900 - 999 sqft
Heating Type: Heat Pump, Not known
Heating Fuel: Electric, Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Condominium/Strata
Property Type: Single Family
Bedrooms: 2
Bathrooms: 2
Community Features: Pets Allowed With Restrictions
Condo Fees: $860 Monthly
Features: Balcony, Guest Suite
Floor Space (approx): 900 - 999 Square Feet
MaintenanceFee Type: Heat, Water, Insurance, Common Area Maintenance
Parking Type: Underground, Garage
No. of Parking Spaces: 1

Rooms:

Kitchen Main Level 2.51 m x 3.04 m
Living Main Level 3.35 m x 2.74 m
Dining Main Level 3.35 m x 2.46 m
Den Main Level 2.94 m x 1.60 m
Primary Bedroom Main Level 3.04 m x 3.40 m
2nd Bedroom Main Level 2.97 m x 3.35 m

Convert Measurement to:

Courtesy of: SOLID ROCK REALTY

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QuickQuote^TM

Approximate value for 2 bed, 2 bath condo in this area is:

List Price
below Estimate List Price
above Estimate

$435,000

List Price

$375,765

$503,867

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Market Price Trends

Location of 502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

Lifestyle
Neighbourhood

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: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 502 - 242 RIDEAU STREET , 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

2050

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 Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 502 - 242 RIDEAU STREET , 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

2050

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.

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Demographic Information of 502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

Life Stage

Young Singles

Employment Type

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

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Property Information:

Building Features:

Property Features:

Rooms:

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Market Price Trends

Location of 502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

502 - 242 RIDEAU STREET, Ottawa, Ontario, K1N 0B7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing