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242 Rideau St

242 Rideau St, Ottawa, ON K1N 0B7

242 Rideau St is a condo building in the Sandy Hill area of Ottawa, Ontario. It stands 28 storeys tall.

Sandy Hill
Floors
28
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$379,125
Median Sold
$347,125
Price Range
$291,000 – $570,000
Avg $/SqFt
$492
Sales (2yr)
22
Active Listings
1
Avg List Price
$300,000
Avg Days on Market
45

Last sale: Aug 5, 2026

Condo Fees

Avg Monthly Fee
$693
Median Fee
$634
Avg $/SqFt
$0.9
Units w/ Fee Data
53
Fee IncludesHeat, water, building insurance

Building Features

ExteriorConcrete
AmenitiesConcierge, elevator, exercise room, indoor pool, party/meeting room
Building TypeHigh-rise apartment condo
Floors28 storeys

Policies

Pet PolicyPets allowed with restrictions
Rental PolicyRentals allowed

Management

Management CompanyCMG

About This Building

242 Rideau St is a 28-storey high-rise apartment condominium in Sandy Hill, downtown Ottawa, built approximately 11 to 15 years ago. The building comprises roughly 782 square-foot units averaging around $379,000 in recent sales, with monthly condo fees of approximately $693 or $0.90 per square foot. Heat, water and building insurance are included in fees. Residents enjoy on-site concierge service, an indoor pool, exercise room, and party facilities, along with proximity to over 100 nearby restaurants, cafes and pharmacies within walking distance. Before finalizing a purchase, retain a condo lawyer and independent property inspector to review the status certificate, reserve fund study, financial statements, board minutes and by-laws to understand any outstanding liabilities or planned major repairs.

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