45.4332° N · 75.6761° W — Lower Town, Ottawa — MLS® #X13876280
404-589 Rideau St
$559,900
Lower Town, Ottawa, Ontario K1N 6A1
- 1
- BedroomsBeds
- 2
- BathroomsBaths
- 800-899 sqft800-899
- SizeSq ft
Inquire about this listing
In short · from the listing record
404-589 Rideau St is a 1-bedroom, 2-bathroom condo in Lower Town, Ottawa, listed for sale at an asking price of $559,900 (MLS® X13876280).
Rare opportunity to own an iconic piece of Ottawa's history! The Wallis House, built in 1873, was converted to loft-style condos in 1996. With soaring ceilings, ample natural light, and exposed brick throughout, unit 404 has been completely updated for modern living while maintaining the authentic charm and character this building is known for. With a bright new kitchen with quartz countertops, a main floor powder room, and ensuite laundry, this thoughtful layout blends an open concept with functional division. With room for both formal dining, a kitchen island with additional seating, and a home office adjacent to a generous living room with a gas fireplace, this condo accommodates any lifestyle. Upstairs, a spacious loft bedroom and newly renovated ensuite blend seamlessly with the classic features and modern comforts. Backing onto Macdonald Gardens Park, the Wallis House offers both downtown living in a prime location simultaneously and your own private escape with abundant greenspace and a rooftop terrace. Walking distance to Strathcona Park, the Ottawa River, bike trails, and the ByWard Market, this condo is a must see! Upgrades: Heat Pump 2024, Kitchen 2023, Bathroom 2026, Electrical Panel 2024, Washer/Dryer 2023, Ceiling fans 2023, Condo recently refinished front steps and added bike storage.
Listing readings
How it measures up
Scores from the listing record and the market around it.
81Good
Condition score
4 documented update signals
Listing age, structured features and disclosed update language; not an inspection.
18Shortfall
Cash flow quality
−$1,493/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 157 condos with 1 bedroom for lease in Ottawa right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $4,123 / 2026
- MLS® number
- X13876280
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 800-899 sqft
- Listed on
- Parking
- None, 1 Parking
Listing history
Listing activity for 404-589 Rideau St, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $559,900 | N/A | For Sale | X13876280 |
Inside
Room by room
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Lower Town
- Municipality
- Ottawa
Building
- Size
- 800-899 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Upper
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Wall Unit
- Heating Type
- Heat Pump
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| uOttawa | OC Transpo light rail: O-Train Line 1 | 1.3 km |
| Rideau | OC Transpo light rail: O-Train Line 1 | 1.4 km |
| Lees | OC Transpo light rail: O-Train Line 1 | 2 km |
| Parliament | OC Transpo light rail: O-Train Line 1 | 2.2 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 3.1 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.
Around it
Condo Apt in Lower Town
Active listings only, today.
Condos for sale in Lower Town right now
- For sale now
- 7
- Median asking price
- $470K
- New in 7 days
- 1
- Price cuts
- 0%
Middle half: $384K to $520K
4 in 28 days
0 listings
This home is asking 19% above the median, higher than three quarters of them.
See all homes in Lower TownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Rideau Valley Conservation Authority’s mapped regulated area
- floodNone in rangeNot in the municipality’s mapped flood area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 40 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 3.5 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 10 test or monitoring holes also recorded.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Royal Canadian Mint — Ottawa, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiOn record3 federal contaminated sites within 1 km 2 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
- electricityOn recordElectricity is distributed here by Hydro Ottawa Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre 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.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Rideau Valley Conservation Authority or 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.
Land transfer tax on this home
- Ontario land transfer tax
- $7,673
- Total land transfer tax
- $7,673
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,673
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 $559,900
- $3,198
- Ontario total
- $7,673
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- École élémentaire catholique Sainte-AnneConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–887%Grade 6 average450 m
- York Street Public SchoolOttawa-Carleton DSBPublic · grades JK–8 · French Immersion53%Grade 6 average550 m
- École élémentaire publique FrancojeunesseConseil des écoles publiques de l'Est de l'OntarioFrench-language public · grades JK–690%Grade 6 average650 m
- Assumption Catholic Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion66%Grade 6 average1.2 km
SecondaryGrade 9 math 2024–25
- École secondaire publique De La SalleConseil des écoles publiques de l'Est de l'OntarioFrench-language public · grades 9–1274%Grade 9 math700 m
- Lisgar Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion73%Grade 9 math1.7 km
- Ottawa Technical Secondary SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion23%Grade 9 math2.4 km
- Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion55%Grade 9 math2.6 km
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.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$3,593
- Mortgage$2,555
- Property tax$344
- Condo or maintenance fee$694
A planning figure, not a quote.
Land transfer tax
$7,673
$3,673 for first-time buyers.
Rent, similar homes
$2,100
a month, median asking rent of 157 similar homes in Ottawa.
Community
Who lives around it
Similar homes
You might also like
For sale nearby at a similar price.
Shemeer AhmadVALERY REAL ESTATE INC.
Want to see it this week?
Ask me anything about this home, or what fair looks like nearby.