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    242 Rideau St & 195 Besserer St

    Claridge Plaza 3 & 4
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    Highlights

    Property Type:
    Condo
    Number of Storeys:
    28
    Number of Units:
    233
    Condo Completion:
    2016
    Condo Demand:
    Low
    Unit Size Range:
    400 - 7,250 SQFT
    Unit Availability:
    Medium
    Property Management:

    Amenities

    Sauna
    Indoor Parking
    Party Room
    Indoor Pool
    Gym
    Concierge
    Amenity details for reference only. Independently verify accuracy.

    About 195 Besserer StClaridge Plaza 3 & 4

    195 Besserer St, 242 Rideau St is a great choice for those seeking a Lowertown condo for sale. This condo is 28 storeys tall and is home to 233 units. The complex was completed in 2016, and features Ottawa condo that range in size from 400 square feet to 7250 square feet.

    Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.77 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 195 Besserer St, 242 Rideau St. Here are some highlights: In the past 12 months, 13 units have sold, and 30 have been rented. Meanwhile, property values here have decreased by 12.12%.

    Units at Claridge Plaza 3 & 4 have a low likelihood of receiving more than one offer, and on average they sell for -3.03% below the listed price. Suites here have an average cost per-square-foot of $508 based on sales over the past 12 months, and the median time a unit spends on the market is 49 days.

    Transportation

    Curious about similar condos in the area? Check out 179 George St, 238 Besserer St and 383 Cumberland St — all within walking distance.

    Heat
    Included
    Water
    Included
    Hydro
    Not Included
    Air Conditioning
    Not Included

    Listing History for Claridge Plaza 3 & 4

    Nov, 2025
    242 Rideau St, unit 2606 for sale
    Unit 2606
    Nov 20, 202543 days on strata
    TerminatedListed for $349,9991 bd | 1 ba | 690 sqft | 1 pkg
    242 Rideau St, unit 2303 for rent
    Unit 2303
    Nov 17, 202533 days on strata
    Leased for $2,500Listed for $2,3501 bd + 1 | 1 ba | 600-699 sqft | 1 pkg
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    Listings For Sale

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    4

    Listings For Rent

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    Days on Strata

    Units at Claridge Plaza 3 & 4 spend an average of
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Lowertown

    Turnover of Units

    On average, each unit is owned for
    8.9
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 16 condos in the Lowertown area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    30
    Units were Rented over the past twelve months

    Best Value Rank

    Claridge Plaza 3 & 4 offers the
    ?
    N/A
    best value out of 16 condos in the Lowertown neighbourhood

    Appreciation Rank

    Claridge Plaza 3 & 4 has the
    ?
    N/A
    highest ROI out of 16 condos in the Lowertown neighbourhood

    Rental Yield

    Claridge Plaza 3 & 4 yields the
    ?
    N/A
    highest rent prices out of 16 condos in the Lowertown neighbourhood

    High Demand

    Claridge Plaza 3 & 4 is the
    ?
    N/A
    most popular building out of 16 condos in the Lowertown neighbourhood

    Market Insights

    Transaction Insights at Claridge Plaza 3 & 4

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$291,000 - $363,000No Data$445,000 - $570,000
    Avg. Cost Per SqftNo Data$529No Data$501
    Avg. Wait for Unit AvailabilityNo Data235 DaysNo Data574 Days
    Ratio of Units in Building7%66%7%21%

    Market Inventory

    Total number of units listed and sold in Lowertown