• Mobile: 647-937-8237
  • Office: 905-731-2000
  • Fax: 905-886-7556

$364,900
Available - For Sale
Listing ID: X11995327
242 Rideau Stre , Lower Town - Sandy Hill, K1N 0B7, Ottawa


Experience refined urban living in this exquisite luxury downtown condo, offering breathtaking sunset views and unmatched convenience. Ideally located in the heart of the city, you're just steps from the Rideau Centre, the University of Ottawa, and the vibrant ByWard Market. Enjoy exclusive building amenities, including an indoor pool, theater, fitness center, and an outdoor patio area. After a long day, relax on your private covered balcony your personal retreat in the city. This spacious 1-bedroom, 1-bathroom unit features in-unit laundry and a fully equipped kitchen with upgraded cabinetry. Additional highlights include private underground parking, a storage locker, and a dedicated concierge at the main entrance, ensuring enhanced security and convenience. Hot water, heating, and cooling are included in the condo fee, leaving only telecommunications and hydro as additional expenses. This condo presents a perfect turnkey opportunity for first-time buyers, professionals, or savvy investors. The tenant will leave the end of April ,2025
Price $364,900
Taxes: $3647.00
Occupancy: Tenant
Address: 242 Rideau Stre , Lower Town - Sandy Hill, K1N 0B7, Ottawa
Postal Code: K1N 0B7
Province/State: Ottawa
Directions/Cross Streets: corner of Cumberland and Rideau Streets
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 9.91 6.59
Room 2 Main Bedroom 10.99 9.51
Room 3 Main Living Ro 18.83 10.76
Room 4 Main Bathroom 7.25 6.49 3 Pc Bath
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Washrooms: 1
Heat Type: Forced Air
Central Air Conditioning: Central Air
Elevator Lift: True
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $18,245 $36,490 $54,735 $72,980
First Mortgage $346,655 $328,410 $310,165 $291,920
CMHC/GE $13,866.2 $10,180.71 $8,684.62 $0
Total Financing $360,521.2 $338,590.71 $318,849.62 $291,920
Monthly P&I $1,779.11 $1,670.88 $1,573.47 $1,440.57
Expenses $0 $0 $0 $0
Total Payment $1,779.11 $1,670.88 $1,573.47 $1,440.57
Income Required $66,716.51 $62,658.15 $59,004.95 $54,021.47

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

$
%
Years
$900.36
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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Mehdi Moghareh Abed
Sales Representative
Dir:
647-937-8237
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Condo Apartment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4003 - Sandy Hill
Style: 1 Storey/Apt
Lot Size: x 0.00()
Approximate Age:
Tax: $3,647
Maintenance Fee: $600.84
Beds: 1
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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