For Sale
Just Listed
242 Rideau Street PH1 #2703 #PH1 #2703
4003 - Sandy Hill, Lower Town - Sandy Hill, ON
$439,900
2Bd
2Ba
950+sqft
1Parking
$463/sqft
CondoMLS# X13087550Listed 2026-05-060 DOM
Cooling
Central Air
Just listed! New listings in Lower Town - Sandy Hill often receive offers within the first week.
About this home
This amazing penthouse is located in a prime downtown Ottawa location. It features hardwood floors and stainless steel appliances, and is close to transportation, the luxurious Rideau Centre, fine restaurants, and bars. Minutes from Parliament Hill, the building is well-maintained and offers a stunning view of the Ottawa River and Gatineau Hills. Certain photos are virtually staged for illustrative purposes. All offers require a 48-hour irrevocable, the seller resides overseas. Parking is P2/B13, Locker #29.
Hardwood
Rooms
Main Floor
| Primary Bedroom | 4.50 × 2.78 m | |
| Bedroom | 2.62 × 2.62 m | |
| Kitchen | 2.62 × 2.62 m | |
| Dining Room | 3.07 × 3.47 m | |
| Living Room | 3.07 × 3.47 m | |
| Bathroom | 0.00 × 0.00 m | |
| Powder Room | 0.00 × 0.00 m | |
| Laundry | 0.00 × 0.00 m |
Features
- Other
- None
- Central Air
- Apartment
Financials
Annual Taxes
$5,215
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield7.1% – 9.5%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Lower Town - Sandy Hill
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Lower Town - Sandy Hill. Data updates daily.
Our estimate for this home
Estimated range
$655K – $761K
Mid-point $708K · ~$745/sqft
How this listing compares
$655KList · $440K$761K
High confidence·Based on 9261 gta-wide comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
67
/ 100
Walk Score
Somewhat Walkable
58
/ 100
Transit Score
Good Transit
52
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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