2509 - 242 Rideau Street Lower Town Sandy Hill

Welcome to your dream apartment for sale in Ottawa , located at 242 Rideau Street, Ottawa. This stunning corner unit at Claridge Plaza is perfectly positioned in the vibrant heart of downtown Ottawa, providing an ideal blend of luxury and convenience. With its prime location, this apartment for sale in Ottawa is just moments away from an array of amenities, making it a perfect choice for professionals, students, or investors alike.

As you step into this exquisite condo apartment, you are greeted by floor-to-ceiling windows that flood the space with natural light, offering beautiful city views that change throughout the day. The smart open-concept layout is designed for modern living, featuring a contemporary kitchen equipped with stainless steel appliances, a stylish tiled backsplash, and a breakfast bar that seamlessly flows into a bright living area. Here, you can enjoy your morning coffee or unwind in the evening on your private balcony, soaking in the sights and sounds of the bustling city below.

This apartment for sale in Ottawa boasts a spacious bedroom that provides both comfort and ample storage, ensuring you have a peaceful retreat after a long day. While there is no den in this unit, the layout is thoughtfully designed to maximise space and functionality. The property includes one bathroom, which is both stylish and practical, catering to your everyday needs. Throughout the apartment, hardwood and tile flooring add a touch of elegance and warmth, creating a welcoming atmosphere.

In addition to its stunning interior, this apartment for sale in Ottawa comes unfurnished, allowing you the freedom to personalise the space to your taste. The unit is equipped with central air conditioning, ensuring you stay cool and comfortable during the warmer months. Although there is no fireplace, the forced air heating system keeps the apartment cosy during the colder seasons.

Convenience is key, and this condo apartment offers in-unit laundry facilities, making everyday chores a breeze. For those with vehicles, the property includes one underground parking space, providing secure and easy access. While there are no additional land features or a central vacuum system, the apartment's thoughtful design and amenities more than compensate for this.

The building itself offers a range of resort-style amenities that enhance your living experience. Residents can enjoy access to a fitness centre, sauna, and party lounge, perfect for social gatherings. Although there is no pool in this building, the landscaped terraces with BBQ areas provide a lovely outdoor space for relaxation and entertaining friends and family. With a 24-hour concierge service, you can rest assured that assistance is always at hand, adding an extra layer of security and convenience to your lifestyle.

The location of 242 Rideau Street, Ottawa, is truly unbeatable. Step outside your door, and you are just minutes away from the University of Ottawa, ByWard Market, Rideau Centre, Parliament Hill, and Elgin Street. The nearby LRT station ensures easy access to the rest of the city, making commuting a breeze.

In summary, this apartment for sale in Ottawa at 242 Rideau Street, Ottawa, is a remarkable opportunity to embrace a luxurious urban lifestyle. With its prime location, modern amenities, and stylish design, it offers everything you need for comfortable living in the heart of the city. Whether you are looking to invest, study, or simply enjoy the vibrant culture of Ottawa, this apartment is the perfect choice. Don’t miss out on this fantastic opportunity—schedule a viewing today and discover your new home!

Sandy Hill, located in the heart of Ottawa, is a charming and vibrant neighbourhood known for its picturesque tree-lined streets and historic architecture. As one of the city's oldest districts, it boasts a delightful mix of heritage homes and modern amenities, making it an attractive place for residents. The area is home to a diverse population, including students, families, and professionals, fostering a lively atmosphere. With its proximity to the University of Ottawa, beautiful parks, and the scenic Rideau River, Sandy Hill offers a perfect blend of urban convenience and natural beauty. Residents enjoy easy access to cultural attractions, cafés, and shops, making it an ideal locale for those seeking a dynamic yet serene living environment.

Schools in the Neighbourhood

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

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,455 residents, with an average household size of 1.5. The demographic profile reveals a youthful community, with an average age of 35.1 years. The average household income stands at $78,200, although a significant portion, 25.7%, is classified as low-income. The real estate market reflects an average property price of $526,000, indicating a moderately priced housing environment. A notable 66.78% of the population is single, while only 13.46% of households have children, suggesting a preference for smaller family units or individuals living alone. The area has a diverse demographic, with 24.32% of residents being immigrants, contributing to its cultural richness. Renters comprise a substantial 62.18% of the housing market, with a high prevalence of condominiums, making up 72.54% of the residences. Education is highly valued, as evidenced by 80.14% of the population holding a college or university degree. However, 20.92% of the residents are not in the labor force, which may reflect a combination of students, retirees, or those pursuing other interests. Overall, this community presents a vibrant mix of young professionals and diverse backgrounds.