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Unit 704 at Claridge Plaza 3

Sold

242 RIDEAU Street 704, Lower Town - Sandy Hill, ON K1N 0B7

MLS #X13416420

$310,000

Sold on July 30, 2026

July 30, 2026

Originally listed at $325,000 30 days on market

About This Property

Welcome to one of Ottawa's most recognizable downtown condominium addresses. This bright and spacious 1-bedroom plus den suite offers approximately 660 sq. ft. of thoughtfully designed living space, plus a private balcony with partial views of Parliament Hill and a designated den area. The unit also includes a private storage locker, providing valuable additional space.Located in the heart of downtown Ottawa, this unbeatable location places you just steps from the Rideau Centre, National Arts Centre, University of Ottawa, LRT station, Parliament Hill, the ByWard Market, and countless restaurants, shops, cafés, and entertainment venues. Whether you're commuting, studying, working downtown, or enjoying city life, everything you need is right at your doorstep.Residents enjoy an exceptional lifestyle with premium amenities, including 24-hour security and concierge service, an indoor swimming pool, sauna, fitness centre, BBQ patio, and more. Parking is available for rent within the building at an affordable monthly cost, making ownership convenient even without an owned parking space.Perfect for professionals, students, investors, or anyone seeking the convenience and energy of downtown living. An excellent opportunity to own a well-located condo in one of Ottawa's most iconic urban communities. Ideal as a principal residence or investment property in a highly desirable downtown location. Move-in Ready!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($543/mo) and property tax ($3,759/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$492/sqft
4003 - Sandy Hill
$494/sqft-0.3%
Lower Town - Sandy Hill
$480/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 660 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

660 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-962
MLS Size600-699
Listed OnJun 7, 2026
Maintenance Fees$543/month
Property Tax$3,759/year

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Price History

Original List Price

$325,000

Listed on Jun 7, 2026

Sold Price

$310,000

Sold on Jul 30, 2026

-$15,000

-4.6%

30 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameClaridge Plaza 3
Address242 Rideau Street, Lower Town - Sandy Hill
Parking Type

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About Unit 704 at Claridge Plaza 3

Unit 704 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at Claridge Plaza 3, 242 Rideau Street, Lower Town - Sandy Hill. This unit is currently sold (sold for $310K).

About Claridge Plaza 3

Claridge Plaza 3 is located at 242 Rideau Street, Lower Town - Sandy Hill. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

4003 - Sandy Hill Neighbourhood

This unit is located in 4003 - Sandy Hill, part of Lower Town - Sandy Hill in the Ottawa area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Claridge Plaza 3, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 704 Claridge Plaza 3 Lower Town - Sandy Hill

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