Stylish Downtown Living - 242 Rideau St #1208! Enjoy the best of downtown Ottawa in this bright and stylish studio condo at 242 Rideau St #1208. Built by Claridge Homes in 2014, this sun-filled unit features hardwood and tile flooring, granite countertops, stainless steel appliances, in-suite laundry, generous storage, and a private south-facing balcony with vibrant city views. Heat and water are included in the rent, along with a separate storage locker. The unit also features a new Frigidaire refrigerator (installed April 2025). For added convenience, the unit can be rented partially furnished at the tenant's option, making it easy to move in and feel at home. Residents enjoy a recently renovated building with exceptional amenities, including 24/7 security, an indoor pool, sauna, fitness centre, party room, and a spacious outdoor terrace with BBQs. Ideally located just steps from the University of Ottawa, this home is perfect for students, young professionals, and anyone looking to experience the convenience of downtown living. Walk to Parliament Hill, the ByWard Market, Rideau Canal, Rideau Centre, and the National Gallery of Canada. A Metro supermarket is directly across the street, while Rideau O-Train Station is just moments away, providing quick access to the rest of the city. Move in and enjoy everything downtown Ottawa has to offer. An unbranded virtual tour is available through the Virtual Tour URL for your convenience. Available unfurnished at the advertised rent, or partially furnished for an additional $100/month. A list of included furnishings is available upon request.
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Entire Property
Payment Frequency:
Monthly
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Bachelor/Studio
Total Approx Floor Area:
0-499
Exposure:
South
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
12
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Number:
134
Locker Level:
2
Locker:
Owned
Family Room:
No
Possession Details:
Flexible
Payment Method:
Other
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Credit Check:
Yes
Employment Letter:
Yes
Assessment:
$- /
-
Ottawa
Lower Town - Sandy Hill
4003 - Sandy Hill
Arts Centre, Library, Park, Public Transit
None
Concierge/Security
Yes-with Restrictions
Concrete
Concierge, Exercise Room, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
Data was last updated August 4, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$403,900
Min list price:
$259,900
Max list price:
$1,988,000
Avg days on market:
47
Min days on market:
1
Max days on market:
467
These statistics are generated based on the current listing's property type
and located in
4003 - Sandy Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.