- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $667at the range’s middle
- Tax a year
- $5,8322026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 306-560 Rideau St
306-560 Rideau St is a 2-bedroom, 2-bathroom condo in Sandy Hill, Ottawa, listed for sale at an asking price of $499,999 (MLS® X13705522).
*OPEN HOUSE: SUNDAY NOVEMBER 1ST 2PM-4PM* Welcome to urban living at its finest! This beautifully appointed 2 bedroom/2 bathroom condo at The Charlotte offers the perfect blend of comfort, convenience, and location in the heart of downtown Ottawa. Just steps from Parliament Hill, premier public transportation, and some of the city's best restaurants and cafes, this home is ideal for professionals, diplomats, or anyone seeking an upscale city lifestyle. This apartment comes with modern, high-quality finishes, the open-concept layout features a bright living area, a sleek kitchen with stainless steel appliances, and two spacious bedrooms including a primary suite with a private en-suite and walk-in closet while the second bedroom provides access to the balcony! Situated in a secure, well-managed building with top-notch amenities including 24 hour concierge, games room, exercise room, outdoor pool, party room, yoga room, AND pet washing station, this condo puts you at the center of it all, whether you're commuting, entertaining, or exploring. You don't need to do anything but move in and enjoy this urban lifestyle
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall39/100−$725/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 19 condos with 2 bedrooms for lease in Sandy Hill right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,832 / 2026
- MLS® number
- X13705522
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Sandy Hill
- Municipality
- Ottawa
Building
- Size
- 700-799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc, 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $657
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.23 × 6.13 m | — | Main |
| Primary | 2.8 × 4.3 m | — | Main |
| 2nd Br | 2.5 × 2.8 m | — | Main |
Listing history
Buy/sell history for 306-560 Rideau St, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,999 | N/A | For Sale | X13705522 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $100,000
- Total mortgage amount
- $399,999
- Total interest payment
- $284,601
- Total purchase cost
- $784,600
- Mortgage payment
- $2,282/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,425- Rent $2,700
- Shortfall $725
Rental income opens at $2,700, the median asking rent of 19 comparable homes for lease in Sandy Hill. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,475
- Total land transfer tax
- $6,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,999
- $2,000
- Ontario total
- $6,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m19 test or monitoring holes also recorded.250 m
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 3.6 km3.6 km
Province of Ontario open data
Around the home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 30 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Royal Canadian Mint — Ottawa, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 4 federal contaminated sites within 1 km3 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in Sandy Hill right now
- For sale now
- 55
- Median asking price
- $375K
- New in 7 days
- 1
- Price cuts
- 27%
Middle half: $334K to $489K
19 in 28 days
15 listings
This home is asking 33% above the median, higher than three quarters of them.
See all homes in Sandy HillAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| uOttawa | OC Transpo light rail: O-Train Line 1 | 1.2 km |
| Rideau | OC Transpo light rail: O-Train Line 1 | 1.3 km |
| Lees | OC Transpo light rail: O-Train Line 1 | 1.9 km |
| Parliament | OC Transpo light rail: O-Train Line 1 | 2.1 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| École élémentaire catholique Sainte-AnneConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–8 | 400 m | 87%Grade 6 average |
| York Street Public SchoolOttawa-Carleton DSB | Public · grades JK–8 · French Immersion | 500 m | 53%Grade 6 average |
| École élémentaire publique FrancojeunesseConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades JK–6 | 550 m | 90%Grade 6 average |
| Assumption Catholic Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 1.3 km | 66%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire publique De La SalleConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades 9–12 | 700 m | 74%Grade 9 math |
| Lisgar Collegiate InstituteOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1.6 km | 73%Grade 9 math |
| Ottawa Technical Secondary SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 2.4 km | 23%Grade 9 math |
| Immaculata High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 2.4 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Sandy Hill are shown to signed-in members.