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    for rent
    1 Day on Strata
    Est Lease Timeframe:
    40 Days

    206 - 242 Rideau St

    Claridge Plaza 3 & 4
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    855 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Property Type:
    Condo
    Possession Date:
    Dec 1
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite, Main
    Locker:
    Owned
    Exposure:
    South

    Amenities

    Concierge
    Gym
    Indoor Pool
    Party Room
    Community BBQ

    About this Listing

    Welcome to 242 Rideau Street, a spacious fully furnished 855 sq. ft. unit complete with a storage locker, ideally situated on the second floor of a well-maintained Claridge-built building in the heart of downtown Ottawa. Perfectly positioned within walking distance of everything you need-shopping, restaurants, transit, the University of Ottawa, the Rideau Centre, and the ByWard Market-you're also just steps away from the city's vibrant nightlife and endless excitement.The bright, open-concept floor plan includes a contemporary kitchen with stainless steel appliances and island seating, a stylish 3-piece bathroom with modern tile finishes, and the added convenience of in-unit laundry. Step out onto your private balcony to take in lively downtown views.Residents can also enjoy exceptional building amenities, including an indoor swimming pool, security, a fully equipped gym, a conference room, and an inviting common lounge. Tenant pays hydro.

    ExtrasFully Furnished, Refrigerator, Stove, Microwave Hood Fan, Dishwasher, Stackable Washer and Dryer, and All Light Fixtures.

    re/max hallmark realty groupMLS® #X12562284

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Foyer
    7.05 x 6.89ft
    Tile Floor
    Den
    9.81 x 4.1ft
    hardwood floor, Open Concept
    Kitchen
    8.46 x 8.33ft
    Stainless Steel Appliances, Tile Floor
    Living
    17.75 x 16.11ft
    hardwood floor, Combined with Dining, Open Concept
    Primary
    11.02 x 10.47ft
    hardwood floor, Open Concept
    Other
    18.34 x 5.18ft
    Balcony
    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

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    Map

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    Transit
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    Bikeability

    Building Trends At Claridge Plaza 3 & 4

    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 Range$1,600 - $1,750$1,875 - $2,250$2,250 - $2,500$2,499 - $3,500
    Avg. Wait for Unit Availability68 Days19 Days1240 Days137 Days
    Ratio of Units in Building7%66%7%21%

    Market Inventory

    Total number of units listed and leased in Lowertown