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Highlights

  • Rent Special
  • Pet Friendly

Location

545 Rideau St, Ottawa, ON K1N 0E3, CAN|Lower Town
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Contact

Management

Chenier Group

Leasing office

(819) 307-0896

Property Overview

545 Rideau Apartments stands out as a high-value option with an excellent price-to-amenity balance, strong location, and above-average trustworthiness. It is especially appealing for walkability, nearby public transit, sustainability-minded living, and pet-friendly outdoor spaces, with top marks for value for money and value per square foot.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.0
Excellent
545 Rideau Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive

Great for

  • Pet owners
  • Eco living

Floor plans

205-305 - StudioStudio1 bath355 sqft$1,400 /mo
413-913 - StudioStudio1 bath344 sqft$1,500 /mo
408-908 - Studio + DenStudio1 bath484 sqft$1,695 /mo
401-901 - 1 Bedroom1 bed1 bath495 sqft$1,795 /mo
410-910 - 1 Bedroom1 bed1 bath549 sqft$1,825 /mo
407-907 - 1 Bedroom and Den1 bed1 bath581 sqft$1,925 /mo
406-906 - 1 Bedroom and Den1 bed2 bath797 sqft$2,250 /mo

Let's explore this property.

Amenities for 545 Rideau Apartments

Apartment Amenities

Air ConditioningCentral Air Conditioning
Central HeatView
Vinyl Plank FloorsWindow Coverings

Appliances

DishwasherFridge
In-Unit LaundryIndividual Thermostats
MicrowaveStove
Washer In-Suite

Building

Bicycle RoomCats OK
Controlled AccessDogs OK
ElevatorFitness Center
No Smoking AllowedOnsite Laundry
Recreation RoomResidents Lounge
Rooftop BBQ AreaSocial Room
Video SurveillanceWheelchair Accessible

Grounds

Exercise RoomGarage Parking
Outdoor SpaceStorage

Services

24/7 Emergency ServiceOn-Site Management

Neighborhood

Grocery Store NearbyPublic Transit
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Garage Lot

Other

Garage Lot

Parking Fee

Monthly. 2 garage lots max.

$225

Other

Parking Fee

Monthly. 2 others max.

$250

Questions about this property’s policies and fees?

Building details

Property details

Year built2021
Lease terms12 months
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About 545 Rideau Apartments

HomeApartments in OttawaLower Town 545 Rideau Apartments

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)


Year Built: 2021

Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.0
/10
Excellent
545 Rideau Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 545 Rideau Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
545 Rideau Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
545 Rideau Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
545 Rideau Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 545 Rideau Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

545 Rideau Apartments is great for:

Pet owners

  • Outdoor spaces are available at this property

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • Thermostats

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 545 Rideau Apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

Considerations

Lacks images
Fewer than 5 photos available for this property

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Rent trends in Lower Town

Studio apartments at 545 Rideau Apartments cost about 10% less than the average rent price for studios in Lower Town.

1-bedroom apartments here are priced 5% lower than 1-bedrooms in Lower Town.

Median rents as of Oct 3 2026.
Lower Town
Ottawa
A table of studio rental data trends in Ottawa
MonthMedian Rent
October 2024$1,675
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$1,599
June 2026$1,603
July 2026$1,605
August 2026$1,629
September 2026$1,650
October 2026$1,650
A table of studio rental data trends in Lower Town
MonthMedian Rent
October 2024$1,606
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$1,668
June 2026$1,697
July 2026$1,644
August 2026$1,654
September 2026$1,714
October 2026$1,695

Affordability calculator

Can I afford to live at 545 Rideau St?

Bedrooms

Rent-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

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this studio median monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
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Internet available near 545 Rideau Apartments

Getting around Ottawa near 545 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

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 545 Rideau St, Ottawa

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

6/10
Variety of cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

Explore the area around 545 Rideau St

Loblaws
363 Rideau St
Ibjmarket Multi-Service
23 Montreal Rd
Solfarmers
88 Marlborough Ave
Metro
255 Rideau St
Metro
50 Beechwood Ave

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