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Unit 406 at The Rideau

For Sale

1035 Bank Street 406, Glebe - Ottawa East and Area, ON K1S 3W9

MLS #X12663886

$750,000

Listed Price

About This Property

Welcome to 1035 Bank Street at Lansdowne, an architecturally refined residence in the heart of The Glebe. This field facing two bedroom, two bathroom suite offers a composition of clean lines, natural light, and intentional material selection designed to elevate everyday living. Eastern exposure introduces soft morning light through a wall of windows, enhancing the sense of volume and openness throughout the principal living space. Engineered wide plank hardwood flooring, flat ceilings, and high profile baseboards create a cohesive and contemporary interior palette. The kitchen is thoughtfully integrated into the living area, balancing aesthetic simplicity with function. Quartz countertops, a central island with seating, European style cabinetry, valence lighting, a three quarter split sink, and a vertically laid tile backsplash contribute texture and visual interest while maintaining a streamlined design language. Both bedrooms are positioned to capture serene field views, reinforcing privacy and calm within an urban setting. The primary suite includes multiple PAX closets and a spa inspired four piece ensuite featuring twin sinks, quartz vanities, and an oversized walk in shower finished with refined detailing. The building's architectural presence extends beyond the suite. Residents enjoy a secure marble tiled lobby with concierge service, rooftop lounge and terrace overlooking the Rideau Canal, fitness centre, guest suites, and dedicated field side gathering spaces. Secure underground parking and a private locker are included, with direct indoor access to retail, dining, entertainment, and daily conveniences. A rare opportunity to own within one of Ottawa's most established mixed use developments, defined by thoughtful design and enduring location appeal. 24 hour irrevocable on all offers.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($630/mo) and property tax ($6,536/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,000/sqft
4402 - Glebe
$1,073/sqft-6.8%
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

2

Bathrooms

2

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeForced Air
Style1 Storey/Apt
Ensuite LaundryNo
Corp #TSCC-1003
MLS Size700-799
Listed OnJan 4, 2026
Maintenance Fees$630/month
Property Tax$6,536/year

Rooms

NameSize (m)Size (ft)Features
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Living Room(Main)4.34 x 4.8614.2 x 15.9-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Kitchen(Main)3.63 x 3.2811.9 x 10.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Primary Bedroom(Main)2.98 x 5.429.8 x 17.8-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-
Bedroom(Main)2.92 x 2.969.6 x 9.7-

Unit 406 History

Complete transaction history for this unit

Sold

Sold: Aug 17, 2026

$674,000

-$41,000 (-5.7%)

Listed: $715,00086 days on marketSale
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OQ

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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 Type

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About Unit 406 at The Rideau

Unit 406 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 700-799 square feet located at The Rideau, 1035 Bank Street N, Glebe - Ottawa East and Area. This unit is currently for sale at $750K.

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 406 The Rideau Glebe - Ottawa East and Area

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