703 - 242 RIDEAU Street

Discover the charm of urban living with this delightful apartment for sale in Ottawa , located at 242 Rideau Street Lower Town Sandy Hill, Ottawa. This well-appointed condo apartment, situated at the corner of Cumberland and Rideau Street, offers a perfect blend of comfort and convenience, making it an ideal choice for anyone looking to immerse themselves in the vibrant community of Sandy Hill.

As you step into this freshly painted residence, you will immediately appreciate the modern kitchen, which boasts elegant quartz countertops and high-quality stainless steel appliances. The main kitchen area is designed for both functionality and style, providing ample space for culinary creations. The open-plan layout flows seamlessly into the living spaces, featuring beautiful maple hardwood floors that enhance the overall aesthetic of the apartment for sale in Ottawa.

This apartment comprises one spacious bedroom and one bathroom, making it suitable for individuals or couples seeking a comfortable living environment. While there is no den in this unit, the layout allows for flexibility in the use of space, ensuring that you can create a home that meets your needs. The total of five rooms includes the bedroom, bathroom, kitchen, and living area, providing a well-rounded living experience.

Although this apartment does not feature a family room or a central vacuum system, it does come equipped with central air conditioning, ensuring that you remain cool and comfortable throughout the warmer months. The absence of a fireplace adds to the modern feel of the apartment, while the lack of a pool and garage space means that the focus remains on the essentials of city living.

Residents will find that the building is well-managed, offering a sense of community and security in the heart of Ottawa. While there is no additional land or outdoor features included with this apartment for sale in Ottawa, the location itself provides easy access to a variety of amenities. Just a short stroll away, you will find the University of Ottawa, making this apartment an excellent choice for students or staff. Additionally, the Rideau Centre is conveniently located around the corner, providing a wealth of shopping and dining options right at your doorstep.

For those who rely on public transport, the apartment's prime location ensures that transit options are readily available, allowing for easy commutes throughout the city. The surrounding area is bustling with life, offering a range of everyday essentials, from grocery stores to cafes, all within walking distance.

While this apartment for sale in Ottawa does not include a pool or fitness centre, the vibrant community atmosphere more than compensates for it. The building itself is equipped with modern conveniences, and while there are no additional features such as a sauna or private theatre room, the surrounding area offers plenty of opportunities for leisure and entertainment.

In summary, this apartment for sale in Ottawa at 242 Rideau Street Lower Town Sandy Hill, Ottawa, is a fantastic opportunity for anyone looking to enjoy the benefits of city living. With its modern kitchen, spacious bedroom, and prime location, it offers a comfortable and convenient lifestyle. Whether you are a first-time buyer or looking to invest in a property in a sought-after area, this condo apartment is well worth considering. Don't miss out on the chance to make this your new home in the heart of Ottawa.

Sandy Hill, located in the heart of Ottawa, is a charming and vibrant neighbourhood renowned for its historic architecture and lush greenery. Nestled just east of the downtown core, it offers a delightful blend of residential tranquillity and urban convenience. The area is characterised by its tree-lined streets, beautiful heritage homes, and proximity to the Rideau River, making it ideal for leisurely strolls and outdoor activities. Residents enjoy easy access to a variety of amenities, including cafes, restaurants, and cultural institutions, as well as excellent public transport links. With its rich history and diverse community, Sandy Hill presents an inviting atmosphere for anyone looking to immerse themselves in the capital's lively spirit.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest option is York Street Public School, just 0.6 km away, offering elementary education (JK to 6) with a school rating of 5.2. For older elementary students, Glashan Public School is located 2.1 km away, although it currently has a rating of 0. Nearby, Lisgar Collegiate Institute, a secondary school for grades 9 to 12, is only 0.8 km from the property and boasts a commendable rating of 7.9. Elgin Street Public School, 1.4 km away, offers French language instruction for grades JK to 6 and has a solid rating of 7.5. Hopewell Avenue Public School, located 3.8 km away, provides French education for JK to 8 and has an impressive rating of 9. Additionally, St. Brigid School, a Catholic elementary school 2.1 km away, has a rating of 5.5, while Immaculata High School, also 2.1 km away, serves grades 7 to 12 with a rating of 5.8. Overall, the area offers a diverse range of schooling options, catering to various educational needs and preferences.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 1,455 residents and an average household size of 1.5. The average age of residents is 35.1 years, indicating a relatively young population. The average household income stands at $78,200, but 25.7% of the population is classified as low-income. A significant portion of the community, 66.78%, is single, and only 13.46% of households have children. Immigrants make up 24.32% of the population, contributing to the area's diversity. The rental market is prominent, with 62.18% of residents renting their homes, and a notable 72.54% of the housing stock consists of condominiums. Education levels are high, with 80.14% of residents holding a college or university degree. However, 20.92% of the population is not in the labor force, suggesting potential challenges in employment opportunities. The average property price in the area is $526,000, reflecting the demand for housing in this community. Overall, this demographic snapshot highlights a vibrant, youthful, and educated population, with a significant rental market and a diverse cultural background.