Monthly rent

$1,849

Beds

Baths

Sqft

–

Monthly rent	$1,849
Beds	1
Baths	1
Sqft	–

2 Days Ago

Location

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

Contact

Dore PM

(819) 303-5306

Amenities for 242 Rideau St, Sandy Hill

Apartment Amenities

Air Conditioning	Balcony
Dryer	Hardwood Floor
Storage Locker

Appliances

Dishwasher	In-Unit Laundry
Microwave	Refrigerator
Stove

Building

Fitness Center	Gym
Lounge	Onsite Laundry
Residents Lounge

Grounds

Storage

Swimming 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.

About 242 Rideau St

Ottawa, Downtown. This Luxury 1 Bedroom PLUS den, 1 bath Apt Condo is for rent 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 photos have been virtually staged**

Go to property website

Neighborhood

Sandy Hill

Post code

K1N 0B7

Type

Condo for rent

Rent trends in Sandy Hill

1-bedroom apartments at 242 Rideau St cost about 11% more than the average rent price for 1-bedroom apartments in Sandy Hill.

Median rents as of Mar 7 2026.

Sandy Hill

Ottawa

A table of 1-bedroom apartment rental data trends in Ottawa
Month	Median Rent
March 2024	$1,967
April 2024	$1,960
May 2024	$1,973
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

A table of 1-bedroom apartment rental data trends in Sandy Hill
Month	Median Rent
March 2024	$1,708
April 2024	$1,576
May 2024	$1,554
June 2024	$1,605
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	$1,660

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

$73,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $73,960 annually to afford this 1-bedroom monthly rent price of $1,849.

For more information on rent affordability, visit our rent calculator.

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

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

Farm Boy

50 Rideau St

Solfarmers

88 Marlborough Ave

242 Rideau St242 Rideau St, Ottawa, ON K1N 0B7, CAN

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Points of interest for 242 Rideau St, Ottawa

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Parks

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Explore the area around 242 Rideau St

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Homes in Sandy Hill

242 Rideau St
242 Rideau St, Ottawa, ON K1N 0B7, CAN