2 Days Ago
Location
242 Rideau St, Ottawa, ON K1N 0B7, CAN|Sandy Hill
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Floor plans
| 2 Bedroom - 2 Bathroom | 2 bed | 2 bath | $2,799 /mo |
Let's explore this property.
Amenities for 242 Rideau Street Unit 2202
Apartment Amenities
| Air Conditioning | Balcony |
| Dryer | Heat |
| Hot Water | Storage Locker |
| Terrace |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
| Stove |
Building
| Fitness Center | Gym |
| Lounge | Onsite Laundry |
| Residents Lounge | Sauna |
Grounds
| Assigned Parking | Storage |
| Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
No pets allowed.
Parking
| Assigned Parking | Contact for Price |
|---|
Building details
Property details
| Lease terms | 12 months |
|---|
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About 242 Rideau Street Unit 2202
Managed by Dore PM
Ottawa, Downtown. Live in the heart of it all! This stunning 2-bedroom + den, 2 full bath Apartment Condo next to the vibrant ByWard Market is available for rent starting November 1st — heat and water included! Boasting 940 sq. ft. of stylish living space, this Yankee model features sleek hardwood floors, a bright open-concept layout and breathtaking city views from the living room. The modern kitchen is perfect for entertaining, complete with stainless steel appliances (stove, fridge, dishwasher and microwave), granite countertops and a breakfast bar. The spacious primary bedroom offers double closets and a private 3-piece ensuite. Both bedrooms feature cozy carpeting. Enjoy the convenience of in-suite laundry, air conditioning, a private balcony, a storage locker and one underground parking spot (Level P4). Incredible building amenities include a pool, fully equipped gym, sauna, 24-hour concierge, party room (2nd floor) and bike storage. Steps from the Rideau Centre, Parliament Hill, University of Ottawa, the LRT, and highway access — this is downtown living at its best! Please, no smoking! ***Please note: The condominium corporation requests a $1000 refundable damage deposit for the elevator (move in/out) and $75 non-refundable fee for move ins only.***
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Managed by Dore PM
DORE Property Management - real people, helping real people find their next home. Read our reviews & Rent From People Who Care.
Rent trends in Sandy Hill
2-bedroom apartments at 242 Rideau Street Unit 2202 cost about 13% more than the average rent price for 2-bedroom apartments in Sandy Hill.
Median rents as of Aug 30 2025.
Sandy Hill
Ottawa
| Month | Median Rent |
|---|---|
| September 2023 | $1,625 |
| October 2023 | $1,609 |
| November 2023 | $1,582 |
| December 2023 | $1,589 |
| January 2024 | $1,595 |
| February 2024 | $1,550 |
| March 2024 | $1,546 |
| April 2024 | $1,545 |
| May 2024 | $1,544 |
| June 2024 | $1,549 |
| July 2024 | $1,590 |
| August 2024 | $1,670 |
| September 2024 | $1,702 |
| October 2024 | $1,683 |
| November 2024 | $1,668 |
| December 2024 | $1,655 |
| January 2025 | $1,652 |
| February 2025 | $1,654 |
| March 2025 | $1,623 |
| April 2025 | $1,597 |
| May 2025 | $1,589 |
| June 2025 | $1,599 |
| July 2025 | $1,607 |
| August 2025 | $1,615 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,832 |
| October 2023 | $1,645 |
| November 2023 | $1,568 |
| December 2023 | $1,539 |
| January 2024 | $1,600 |
| February 2024 | $1,499 |
| March 2024 | $1,519 |
| April 2024 | $1,545 |
| May 2024 | $1,475 |
| June 2024 | $1,495 |
| July 2024 | $1,559 |
| August 2024 | $1,584 |
| September 2024 | $1,598 |
| October 2024 | $1,545 |
| November 2024 | $1,446 |
| December 2024 | $1,431 |
| January 2025 | $1,497 |
| February 2025 | $1,491 |
| March 2025 | $1,505 |
| April 2025 | $1,503 |
| May 2025 | $1,482 |
| June 2025 | $1,545 |
| July 2025 | $1,584 |
| August 2025 | $1,560 |
Affordability calculator
Can I afford to live at 242 Rideau St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$111,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $111,960 annually to afford this 2-bedrooms monthly rent price of $2,799.
For more information on rent affordability, visit our rent calculator.
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Internet available near 242 Rideau Street Unit 2202
Getting around Ottawa near 242 Rideau St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 242 Rideau St, Ottawa
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
8/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
Explore the area around 242 Rideau St
Hong Kong Express
242 Rideau St
Loblaws
363 Rideau St
Bottega Nicastro Fine Food SHP
64 George St
Solfarmers
88 Marlborough Ave
Farm Boy
193 Metcalfe St
Browns Cleaners
238 Besserer
Left Foot First Shoe Boutique
405 Dalhousie St
Giant Tiger
98 George St
J E Letellier Ltd
146 Rideau St
Amira Gabriel Fashion Group
112 Nelson St
Tim Hortons
423 Cumberland St
Second Cup
153 Laurier Ave E
Starbucks
62 York St
Tim Hortons
99 Rideau St
Booster Juice
50 Rideau St
Mavericks
221 Rideau St
Loft Board Game Lounge
14 Waller St
Whiskey Bar
110 York St
Aulde Dubliner & Pour House
62 William St
The Keg Steakhouse + Bar
75 York St
Sports Supplement Experts
384 Dalhousie St
BeaverTails
69 George St
Farm House
55 By Ward Market Sq
Moulin De Provence
55 By Ward Market Sq
Aux Delices Boulangerie-PTSSR
32 By Ward Market Sq
Champagne Bath
Raphael Brunet Park
Routhier Community Centre
Sir Wilfrid Laurier Park
Jules Morin Park
Hong Kong Express
242 Rideau St
Tim Hortons
423 Cumberland St
Mavericks
221 Rideau St
Sushi Village
217 Rideau St
Lorenzo's Pizzeria
94 Montreal Rd
RIDEAU/CUMBERLAND
PARC DE LA MONTAGNE, FREEMAN/G-ROY/OTTAWA, LAC DES FÉES, CÉGEP GABRIELLE-ROY, CÉGEP G-ROY/ST-JOSEPH, FREEMAN, STATION LA CITÉ, CGP G-ROY/MUTCHMORE
RIDEAU / CUMBERLAND
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RIDEAU / KING EDWARD
, , , , , , ,
RIDEAU / KING EDWARD
, , , , , ,
RIDEAU / DALHOUSIE
, , , , , , ,
BAYVIEW
CARLING
CARLETON S.
CARLETON N.
CONFEDERATION
RIDEAU A
, , , , , , , , , , , , , , , , ,
LAURIER E / CUMBERLAND
, , , ,
LAURIER E / COPERNICUS
, , , ,
RIDEAU O-TRAIN EAST / EST
RIDEAU O-TRAIN WEST / OUEST
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