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Unit 2 at 140 Rideau

For Sale

140 RIDEAU Terrace 2, New Edinburgh - Lindenlea, ON K1M 0Z2

MLS #X11822505

$775,000

Listed Price

About This Property

Welcome to this stunning, rarely offered main floor condo in the heart of Lindenlea, one of Ottawas most sought-after neighborhoods! This bright and spacious unit offers the convenience of easy access right off the main entrance and is located next to the elevator. Step inside to a sun-filled, open floor plan perfect for entertaining and everyday living. Enjoy the luxury of two oversized terracesone on the north side and a recently renovated ($60K) south-facing terrace that provides an ideal spot for morning coffee, al fresco dining, or simply relaxing. The open-concept kitchen seamlessly flows into the dining area, offering an ideal space for hosting dinner parties or casual gatherings. Featuring two full bathrooms, this condo caters to comfort and functionality. The primary suite offers ample closet space and easy access to one of the two prime underground parking spots a true rarity in this area. The unit is also handicapped accessible, making it suitable for a variety of lifestyles. Location is everything, and this condo delivers. Steps from Lindenlea Park, tennis courts, and the scenic Rockcliffe Park, outdoor enthusiasts will be in their element. The vibrant Beechwood Avenue is just moments away, offering grocery stores, restaurants, coffee shops, and pharmacies. A quick 5-minute drive brings you to Global Affairs, making this an ideal home for professionals. This is a unique opportunity to enjoy upscale living with the convenience of being close to all the essentials. Don't miss out on making this incredible condo your next home!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1012/mo) and property tax ($7,133/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$408/sqft
3302 - Lindenlea
$577/sqft-29.3%
New Edinburgh - Lindenlea
$577/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1900 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1800-1999 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeBaseboard
StyleApartment
Ensuite LaundryYes
Corp #TSCC-437
MLS Size1800-1999
Listed OnDec 1, 2024
Maintenance Fees$1,012/month
Property Tax$7,133/year

Rooms

NameSize (m)Size (ft)Features
Primary Bedroom(Main)5.08 x 4.3116.7 x 14.1-
Bedroom(Main)4.97 x 2.7916.3 x 9.2-
Family Room(Main)5.3 x 4.4417.4 x 14.6-
Kitchen(Main)3.68 x 3.1712.1 x 10.4-
Laundry(Main)4 x 513.1 x 16.4-
Living Room(Main)8.55 x 6.0128.1 x 19.7-
Bathroom(Main)2 x 56.6 x 16.4-

Unit 2 History

Complete transaction history for this unit

Sold

Sold: Apr 14, 2025

$765,000

-$10,000 (-1.3%)

Listed: $775,00011 days on marketSale
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3 More Transactions 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 Name140 Rideau
Address140 Rideau Terrace, New Edinburgh - Lindenlea
Parking TypeUnderground

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About Unit 2 at 140 Rideau

Unit 2 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1800-1999 square feet located at 140 Rideau, 140 Rideau Terrace, New Edinburgh - Lindenlea. This unit is currently for sale at $775K.

About 140 Rideau

140 Rideau is located at 140 Rideau Terrace, New Edinburgh - Lindenlea. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

3302 - Lindenlea Neighbourhood

This unit is located in 3302 - Lindenlea, part of New Edinburgh - Lindenlea in the Ottawa area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 140 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 2 140 Rideau New Edinburgh - Lindenlea

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