$439K · 2 bed Condo Apartment · Unit 2404, 234 Rideau Street, Ottawa, Ontario K1N 0A9

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About this home

Welcome to suite 2404 at 234 Rideau - where the city unfolds beneath you. Perched on the 24th floor of one of Ottawa's most iconic downtown towers, this stunning condo delivers what most buyers only dream about: unobstructed panoramic views stretching across the Ottawa skyline, the winding Ottawa River, and the rolling Gatineau Hills - all framed by signature curved floor-to-ceiling windows that wrap the living room and both bedrooms. There is no view like this in the building. There are very fe…

Property details

MLS#

X13039394

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

900-999Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

Apartment

Type

Condo Apartment

Year built

2013

Occupancy: Vacant
Washrooms: 3 pc; 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: Residential

Roof: Tar and Gravel
Foundation: Concrete

Condo corp #: 878
Balcony: None
Locker: Owned
Fees include: Heat Included, Water Included, Parking Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete
Fronting on: —
Cross street: Rideau & Cumberland
Stories: 24
Utilities: —
Laundry: Inside
Interior: None
Parking features: Underground

Price movement & seller pressure

↓ $90KPrice reduction

MLS shows the seller reduced the asking price by $90,000 (from $529,000 to $439,000).

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $439,000✓ $4,970 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,480/mo

incl. closing costs (yr 1)

Annual total

$53,756

year 1

Mortgage only

$1,665/mo

principal + interest

Beyond mortgage

$1,918/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$87,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$414/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,390/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$59/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,255

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)37% $19,985/yr

Property taxes19% $10,225/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,390/yr

Condo fees16% $8,496/yr

Closing costs9% $5,100/yr

Mortgage is 37% of your true cost of ownership. The other 63% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,985	$1,665/mo
Government & taxes
Property tax	$4,970	$414/mo
Land transfer tax(closing)	$5,255	$438/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,390	$366/mo
Condo fees
Condo / HOA fees	$8,496	$708/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$53,756	$4,480/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2404

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs