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1 Day Ago

Location

242 Rideau St, Ottawa, ON K1N 0B7, CAN|Sandy Hill

Contact

Dore PM

(613) 707-0466

Amenities for 242 Rideau St, Sandy Hill

Features

Air ConditioningBalcony
DryerHardwood Floor
Storage Locker

Appliances

DishwasherIn-Unit Laundry
MicrowaveRefrigerator
Stove

Community

Fitness CenterGym
LoungeOnsite Laundry
Residents Lounge

Grounds

StorageSwimming Pool

Services

Concierge Service
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

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 242 Rideau St

HomeApartments in OttawaSandy Hill 242 Rideau St, Ottawa, ON K1N 0B7, CAN

Ottawa, Downtown. NEW PRICE! ***PROMOTION: Rent is $1,799/month and includes a $50 bonus credit for the first 12 months*** This Luxury 1 Bedroom PLUS den, 1 bath Apt Condo for rent is MOVE IN READY next to the Byward Market (Claridge Plaza, Phase lll). Available Immediately! The unit is just under 700 square feet and is the most popular model in the building! Hardwood floors throughout the unit. The kitchen features stainless steel fridge, stove, dishwasher and microwave, granite tops and a breakfast bar. Kitchen opens to living room and dining room. Primary bedroom is of a good size. In unit laundry! A/C. Balcony. No Parking. Storage locker, heat, and water included! Amenities include a pool, gym, party room, bike storage, 24hr concierge. Short walk to Rideau Centre, Parliament Hill, University of Ottawa and the Transitway. No smoking, please! ***SOME PICTURES HAVE BEEN VIRTUALLY STAGED***


Go to property website

Address details

NeighborhoodSandy Hill
Post codeK1N 0B7
TypeCondo for rent

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Rent trends in Sandy Hill

1-bedroom apartments at 242 Rideau St cost about 9% more than the average rent price for 1-bedroom apartments in Sandy Hill.

Median rents as of May 23 2026.
Sandy Hill
Ottawa
A table of 1-bedroom apartment rental data trends in Ottawa
MonthMedian Rent
June 2024$1,999
July 2024$2,003
August 2024$2,006
September 2024$1,988
October 2024$2,010
November 2024$1,995
December 2024$1,992
January 2025$1,994
February 2025$1,987
March 2025$1,984
April 2025$1,985
May 2025$1,999
June 2025$1,996
July 2025$1,981
August 2025$1,985
September 2025$1,978
October 2025$1,948
November 2025$1,935
December 2025$1,917
January 2026$1,898
February 2026$1,931
March 2026$1,950
April 2026$1,922
May 2026$1,916
A table of 1-bedroom apartment rental data trends in Sandy Hill
MonthMedian Rent
June 2024$1,612
July 2024$1,733
August 2024$1,729
September 2024$1,710
October 2024$1,686
November 2024$1,798
December 2024$1,774
January 2025$1,721
February 2025$1,698
March 2025$1,723
April 2025$1,742
May 2025$1,725
June 2025$1,691
July 2025$1,653
August 2025$1,700
September 2025$1,658
October 2025$1,700
November 2025$1,764
December 2025$1,725
January 2026$1,711
February 2026$1,653
March 2026$1,671
April 2026$1,649
May 2026$1,649

Affordability calculator

Can I afford to live at 242 Rideau St?

Bedrooms

1 bedroom

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

$71,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $71,960 annually to afford this 1-bedroom monthly rent price of $1,799.
For more information on rent affordability, visit our rent calculator.
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Internet available near 242 Rideau St

Getting around Ottawa near 242 Rideau St

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample 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

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

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

High schools

8/10
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

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