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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$265,000
Available - For Sale
Listing ID: X12914814
242 Rideau Street , Lower Town - Sandy Hill, K1N 0B7, Ottawa


Stylish Urban Living - 242 Rideau St #1208Discover the best of downtown Ottawa in this stylish, sun-filled studio condo at 242 Rideau St #1208! This bright and inviting unit,built in 2014 by Claridge Homes, boasts hardwood and tile flooring,elegant granite countertops, sleek stainless steel appliances, in-unit laundry, and ample storage space. Enjoy your morning coffee on the South-facing balcony, offering vibrant cityscape views. Additional perks include a separate storage locker and ultra-low condo fees that conveniently cover heat and water. Plus, the unit comes with a new Frigidaire refrigerator (April 2025)!The building has been recently renovated, showcasing modern finishes throughout. Residents enjoy top-notch amenities, including 24/7security, an indoor pool, sauna, gym, party room, and a spacious outdoor terrace with BBQs. Ideally located just steps from the University of Ottawa, this condo is perfect for students, faculty, and staff. You're also within walking distance of iconic landmarks such as Parliament Hill, By Ward Market, Rideau Canal, Rideau Centre, and the National Gallery of Canada. With a Metro supermarket directly across the street and O-Train Rideau Station just steps away, convenience is built into your everyday routine.An exceptional investment opportunity with high rental demand, this condo is ideal for first-time buyers or savvy investors looking for a truly special space.An unbranded virtual tour is available via the Virtual Tour URL for your convenience!
Price $265,000
Taxes: $2719.37
Assessment Year: 2025
Occupancy: Owner
Address: 242 Rideau Street , Lower Town - Sandy Hill, K1N 0B7, Ottawa
Postal Code: K1N 0B7
Province/State: Ottawa
Directions/Cross Streets: Corner of Rideau St and Cumberland
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Flat Foyer 10.14 3.41
Room 2 Flat Kitchen 6.82 6.4
Room 3 Main Living Ro 15.38 15.32
Room 4 Main Bathroom 8.23 5.15
Room 5 Main Laundry
Washroom Type No. of Pieces Level
Washroom Type 1 4 Flat
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Flat
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Sprinklers: Conc
Washrooms: 1
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Com - Condo Apartment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4003 - Sandy Hill
Style: Bachelor/Studio
Lot Size: x 0.00()
Approximate Age:
Tax: $2,719.37
Maintenance Fee: $362.19
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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