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Listed 11 days ago

902 - 234 Rideau Street

4003 - Sandy Hill, Lower Town - Sandy Hill

$349,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to Unit 902 at 234 Rideau Street, an exceptional opportunity to own a 1-bedroom + den condo with parking and storage in the heart of Ottawa's ByWard Market. This unit offers over 700 square feet of living space at an amazing price point, this is an ideal choice for first-time buyers looking to enter the Ottawa market or investors seeking a highly desirable location just a short walk from the University of Ottawa. Enjoy the convenience of downtown living with an open-concept kitchen, living and dining area, large windows, hardwood flooring, in-unit laundry and dishwasher, plus a private balcony. The spacious den features a built-in desk and storage unit with Philips Hue lighting, making it an ideal home office or flexible living space. The Plaza Club offers fantastic amenities including an indoor pool, exercise room and the convenience of underground parking. A major bonus is the extra-large parking space and all windows feature custom-made blinds, including both blackout blinds for privacy and light-filtering blinds for a brighter atmosphere when desired. Perfectly positioned within walking distance of Rideau Centre, LRT, the University of Ottawa, ByWard Market, Parliament Hill, the Rideau Canal, restaurants, cafes, shopping, transit and everything downtown Ottawa has to offer. With its combination of location, amenities, parking, storage and flexible living space, this is an opportunity not to be missed

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$561
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,216
mls© NumberX13878742
Listed ByENGEL & VOLKERS OTTAWA
Heat Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,791
Property tax
$351
Heat allowance
$150
Condo fees, half counted
$281
Housing costs
$2,573 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $69,980
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,472 / mo
Cash down
$69,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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