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Unit 406 at The Rideau

Sold

1035 Bank Street 406, Glebe - Ottawa East and Area, ON K1S 5K3

MLS #X13040672

$674,000

Sold on August 17, 2026

August 17, 2026

Originally listed at $715,000 86 days on market

About This Property

1035 Bank Street #406 is a well-designed 2-bedroom, 2-bath condo set in one of the Glebe's most dynamic locations, overlooking the field at TD Place. With a split-bedroom layout that positions each room on opposite sides, the floor plan offers both privacy and flow, ideal for everyday living or hosting guests. Floor-to-ceiling windows flood the space with natural light, while the east-facing exposure delivers sunrise views over the stadium. The kitchen is finished with quartz countertops and stainless steel appliances, opening seamlessly into the living area, perfect for entertaining before a game or unwinding after. What truly sets this home apart is the lifestyle. Step onto your private balcony and take in live action from the field below, whether it's the Ottawa Redblacks or Atlético Ottawa. Friends over for a game? You're already in the best seat in the city. Prefer to be in the crowd? The stadium is just steps away. Beyond the games, you're surrounded by some of Ottawa's best restaurants, cafés, and shops, with the canal pathways nearby for walking, running, or cycling. It's a neighbourhood that balances energy and ease, attracting a well-established, lifestyle-driven community. Complete with a 4-piece ensuite in the primary bedroom, a second full bath, and access to premium building amenities including a concierge, gym, and resident lounges with panoramic views of the field and canal, this is effortless urban living with a front-row seat.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($678/mo) and property tax ($6,536/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$953/sqft
4402 - Glebe
$1,073/sqft-11.2%
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
LockerYes
Heating TypeForced Air
Style1 Storey/Apt
Ensuite LaundryYes
Corp #TSCC-1003
MLS Size700-799
Listed OnApr 23, 2026
Maintenance Fees$678/month
Property Tax$6,536/year

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Unit 406 History

Complete transaction history for this unit

Terminated

Listed: Jan 4, 2026

$750,000

87 days on marketSale
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1 More Transactions Available

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Price History

Original List Price

$715,000

Listed on Apr 23, 2026

Sold Price

$674,000

Sold on Aug 17, 2026

-$41,000

-5.7%

86 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 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 sold (sold for $674K).

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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