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Unit 1608 at The Rideau

Sold

1035 BANK Street 1608, Glebe - Ottawa East and Area, ON K1S 5K3

MLS #X10441694

$587,500

Sold on January 2, 2025

January 2, 2025

Originally listed at $605,000 19 days on market

About This Property

Welcome to your exciting new lifestyle at The Rideau at Lansdowne! Modern and open concept one bedroom plus den with amazing views of the Rideau Canal and Old Ottawa South. Spacious living and dining rooms, gourmet kitchen with sleek granite countertops and stainless steel appliances, excellent size bedroom with double closets, frosted sliding doors. Separate den with large picture window. Nine foot ceilings and a private balcony with stunning views of the Rideau Canal and partial views of the Stadium at TD Place. Just steps to a vibrant entertainment district with great shopping, restaurants, nightclubs, seasonal farmers market and a winter skating rink. Recreational facilities include Concierge services, private terraces, fitness center, party rooms, and guest suites. Underground parking and storage locker. Other in rooms is balcony.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($577/mo) and property tax ($5,339/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$807/sqft
4402 - Glebe
$1,073/sqft-24.8%
Glebe - Ottawa East and Area
$595/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1003
MLS Size700-799
Listed OnNov 21, 2024
Maintenance Fees$577/month
Property Tax$5,339/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)5.79 x 3.1219.0 x 10.2-
Living Room(Main)5.79 x 3.1219.0 x 10.2-
Kitchen(Main)2.61 x 2.138.6 x 7.0-
Kitchen(Main)2.61 x 2.138.6 x 7.0-
Bedroom(Main)3.45 x 2.9411.3 x 9.6-
Bedroom(Main)3.45 x 2.9411.3 x 9.6-
Den(Main)2.84 x 2.439.3 x 8.0-
Den(Main)2.84 x 2.439.3 x 8.0-
Bathroom(Main)2.94 x 1.479.6 x 4.8-
Bathroom(Main)1.82 x 1.826.0 x 6.0-
Laundry(Main)---
Laundry(Main)2 x 36.6 x 9.8-
Laundry(Main)---
Other(Main)---
Other(Main)1.82 x 1.216.0 x 4.0-
Other(Main)4 x 613.1 x 19.7-

Room Dimensions Available

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Price History

Original List Price

$605,000

Listed on Nov 21, 2024

Sold Price

$587,500

Sold on Jan 2, 2025

-$17,500

-2.9%

19 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 NameThe Rideau
Address1035 Bank Street N, Glebe - Ottawa East and Area
Parking TypeUnderground

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About Unit 1608 at The Rideau

Unit 1608 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 700-799 square feet located at The Rideau, 1035 Bank Street N, Glebe - Ottawa East and Area. This unit is currently sold (sold for $588K).

About The Rideau

The Rideau is located at 1035 Bank Street N, Glebe - Ottawa East and Area. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

4402 - Glebe Neighbourhood

This unit is located in 4402 - Glebe, part of Glebe - Ottawa East and Area in the Ottawa area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The Rideau, 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 1608 The Rideau Glebe - Ottawa East and Area

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