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5+ Days Ago
Location
242 Rideau Street #1601, Ottawa, ON K1N 0B7, CA|Sandy Hill
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Amenities for 242 Rideau Street #1601, Sandy Hill
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Controlled Access | Elevator |
| Fitness Center | Residents Lounge |
| Roof Deck |
Grounds
| Assigned Parking | Outdoor Space |
| 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 242 Rideau Street #1601
Downtown Living - Elevated. Experience the heartbeat of Ottawa from your private urban retreat at 242 Rideau Street one of the city's most desirable downtown addresses. This modern 2-bedroom, 2-bathroom condo offers 1,280 sq. ft. of bright, open living space, complete with underground parking and a storage locker. Perfectly positioned steps from the ByWard Market, Parliament Hill, Rideau Centre, and the Rideau Canal, it places you at the center of culture, cuisine, and convenience. Whether its a morning jog along the canal, a quick stroll to the National Gallery, or a night out at a top restaurant, everything you love about downtown Ottawa is just outside your door. Inside, you'll find an inviting blend of style and function: gleaming hardwood floors, granite countertops, and floor-to-ceiling windows that flood the space with natural light and frame impressive city views. The kitchen comes fully equipped with six modern appliances, while the private balcony offers a quiet place to unwind and enjoy the skyline. Residents at 242 Rideau enjoy exclusive access to first-class amenities including a recreation centre, indoor pool, fitness room, and party lounge, all designed to complement an active, social lifestyle. Your monthly rent includes heat, air conditioning, parking, storage, and access to all amenities, with only hydro extra. Available now for immediate occupancy. Please note: pets are not permitted. Why 242 Rideau Street? Because here, you're not just close to the action you're part of it. Downtown Ottawa isn't just a location; it's a lifestyle. From the morning coffee run to the after-dinner walk by the canal, every day feels connected, effortless, and full of possibility. Please note: Some photos have been digitally staged to help illustrate the potential layout and use of the space. These images are intended to inspire possibilities and show how each room can be beautifully furnished and enjoyed. Note: unit is unfurnished.
Lease Terms
1 year242 Rideau Street #1601 is great for:
Address details
| Neighborhood | Sandy Hill |
|---|---|
| Post code | K1N 0B7 |
| Type | Condo for rent |
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Available rentals nearby
Rent trends in Sandy Hill
2-bedroom apartments at 242 Rideau Street #1601 cost about 39% more than the average rent price for 2-bedroom apartments in Sandy Hill.
Median rents as of Dec 13 2025.
Sandy Hill
Ottawa
| Month | Median Rent |
|---|---|
| December 2023 | $2,400 |
| January 2024 | $2,395 |
| February 2024 | $2,398 |
| March 2024 | $2,415 |
| April 2024 | $2,448 |
| May 2024 | $2,480 |
| June 2024 | $2,497 |
| July 2024 | $2,491 |
| August 2024 | $2,499 |
| September 2024 | $2,462 |
| October 2024 | $2,432 |
| November 2024 | $2,406 |
| December 2024 | $2,398 |
| January 2025 | $2,406 |
| February 2025 | $2,423 |
| March 2025 | $2,470 |
| April 2025 | $2,499 |
| May 2025 | $2,498 |
| June 2025 | $2,500 |
| July 2025 | $2,499 |
| August 2025 | $2,491 |
| September 2025 | $2,458 |
| October 2025 | $2,440 |
| November 2025 | $2,397 |
| December 2025 | $2,402 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,349 |
| January 2024 | $2,299 |
| February 2024 | $2,260 |
| March 2024 | $2,308 |
| April 2024 | $2,314 |
| May 2024 | $2,238 |
| June 2024 | $2,363 |
| July 2024 | $2,496 |
| August 2024 | $2,595 |
| September 2024 | $2,525 |
| October 2024 | $2,423 |
| November 2024 | $2,412 |
| December 2024 | $2,399 |
| January 2025 | $2,373 |
| February 2025 | $2,212 |
| March 2025 | $2,281 |
| April 2025 | $2,319 |
| May 2025 | $2,404 |
| June 2025 | $2,373 |
| July 2025 | $2,218 |
| August 2025 | $2,354 |
| September 2025 | $2,440 |
| October 2025 | $2,312 |
| November 2025 | $2,344 |
| December 2025 | $2,324 |
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Internet available near 242 Rideau Street #1601
Getting around Ottawa near 242 Rideau Street #1601
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
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 242 Rideau Street #1601, 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 15-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
Several bars within a few minutes’ walk
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