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545 Rideau Apartments offers exceptional overall value, with top-tier scores for price, amenities, and location that make it highly competitive in its market. Renters benefit from strong value-for-money and value-per-square-foot metrics, as well as sustainability-friendly features like walkability, nearby public transit, and in-unit thermostats. Its verified quality and detailed, transparent listing information further support it as a reliable and attractive choice.
Things you’ll love
Less expensiveMore spaceGreat for
Eco living| 413-913 - Studio | Studio | 1 bath | 344 sqft | $1,475 /mo | 1 unit available | ||
| 411-911 - Studio + Den | Studio | 1 bath | 484 sqft | $1,675 /mo | 1 unit available | ||
| 210-310 - Studio + Den | Studio | 1 bath | 538 sqft | $1,725 /mo | |||
| 203-303 - 1 Bedroom | 1 bed | 1 bath | 495 sqft | $1,700 /mo | 1 unit available | ||
| 409-909 - 1 Bedroom | 1 bed | 1 bath | 549 sqft | $1,795 /mo | 1 unit available | ||
| 401-901 - 1 Bedroom | 1 bed | 1 bath | 495 sqft | $1,795 /mo | |||
| 409-909 - 1 Bedroom | 1 bed | 1 bath | 549 sqft | $1,795 /mo | |||
| 401-901 - 1 Bedroom | 1 bed | 1 bath | 495 sqft | $1,795 /mo | 1 unit available | ||
| 401-901 - 1 Bedroom | 1 bed | 1 bath | 495 sqft | $1,795 /mo | 1 unit available | ||
| 409-909 - 1 Bedroom | 1 bed | 1 bath | 549 sqft | $1,795 /mo | |||
| 402-902 - 1 Bedroom | 1 bed | 1 bath | 495 sqft | $1,795 /mo | |||
| 403-903 - 1 Bedroom | 1 bed | 1 bath | 430 sqft | $1,825 /mo | |||
| 404-904 - 1 Bedroom and Den | 1 bed | 1 bath | 581 sqft | $1,900 /mo | |||
| 212-312 - 1 Bedroom and Den | 1 bed | 1 bath | 646 sqft | $1,920 /mo | |||
| Heritage Townhouse Unit | 2 bed | 2 bath | $2,485 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Central Heat | View |
| Vinyl Plank Floors | Window Coverings |
Appliances
| Dishwasher | Fridge |
| In-Unit Laundry | Individual Thermostats |
| Microwave | Stove |
| Washer In-Suite |
Building
| Bicycle Room | Cats OK |
| Controlled Access | Dogs OK |
| Elevator | Fitness Center |
| No Smoking Allowed | Onsite Laundry |
| Recreation Room | Residents Lounge |
| Rooftop BBQ Area | Social Room |
| Video Surveillance | Wheelchair Accessible |
Grounds
| Exercise Room | Garage Parking |
| Outdoor Space | Storage |
Services
| 24/7 Emergency Service | On-Site Management |
Neighborhood
| Grocery Store Nearby | Public Transit |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Garage Lot
Other
Monthly. 2 garage lots max. Unassigned parking.
Monthly. 2 others max. Unassigned parking.
Questions about this property’s policies and fees?
| Year built | 2021 |
|---|---|
| Lease terms | 12 months |
545 Rideau is everything you expect from a modern apartment. Situated on the corner of Rideau Street and Cobourg Street in historical Lowertown Ottawa, these rental units blend new-era comfort and aesthetic with a community steeped in heritage. The building features: - Gym - Tenant Lounge - Roof top terrace with a BBQ - Party room (fees apply) - Indoor bike storage ($10/mth) - Storage Cages ($45/mth) - Indoor heated parking ($225/mth - if available) Heat, water, and electricity are extra. $150-200 per month is the current estimate but it highly depends on lifestyle. For more information such as floor plans, virtual tours, and to book an appointment, visit our website @ [545rideau.com](http://545rideau.com)
How 545 Rideau Apartments compares to other nearby properties.
Positives
Considerations
Studio apartments at 545 Rideau Apartments cost about 3% more than the average rent price for studios in Lower Town.
1-bedroom apartments here are priced 7% lower than 1-bedrooms in Lower Town.
If you decide to upgrade your space, you can expect 2-bedrooms at 545 Rideau Apartments to be 1% less than the average for similarly sized apartments in Lower Town.
| Month | Median Rent |
|---|---|
| May 2024 | $1,542 |
| 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 | $1,616 |
| September 2025 | $1,610 |
| October 2025 | $1,579 |
| November 2025 | $1,562 |
| December 2025 | $1,549 |
| January 2026 | $1,573 |
| February 2026 | $1,599 |
| March 2026 | $1,578 |
| April 2026 | $1,581 |
| May 2026 | $1,600 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,689 |
| June 2024 | $1,731 |
| July 2024 | $1,764 |
| August 2024 | $1,693 |
| September 2024 | $1,665 |
| October 2024 | $1,623 |
| November 2024 | $1,513 |
| December 2024 | $1,557 |
| January 2025 | $1,503 |
| February 2025 | $1,503 |
| March 2025 | $1,569 |
| April 2025 | $1,542 |
| May 2025 | $1,600 |
| June 2025 | $1,662 |
| July 2025 | $1,699 |
| August 2025 | $1,585 |
| September 2025 | $1,559 |
| October 2025 | $1,696 |
| November 2025 | $1,675 |
| December 2025 | $1,639 |
| January 2026 | $1,670 |
| February 2026 | $1,643 |
| March 2026 | $1,567 |
| April 2026 | $1,596 |
| May 2026 | $1,582 |
Can I afford to live at 545 Rideau St?
Bedrooms
Rent-to-income ratio
30%
$67,000/yr
Downtown Ottawa • 360 Laurier Ave W
Studio–2 Beds
$1,899–$2,999
Centretown West • 207 Bell St N
1–2 Beds
$1,799–$2,749
Hull/Quartier de I'Oree-du-Parc • 20 Rue De La Bonne-Renommée
1–2 Beds
$1,820–$2,415
Downtown Ottawa • 360 Laurier Ave W
Studio–2 Beds
$1,899–$2,999
Centretown West • 207 Bell St N
1–2 Beds
$1,799–$2,749
Hull/Quartier de I'Oree-du-Parc • 20 Rue De La Bonne-Renommée
1–2 Beds
$1,820–$2,415
