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For Sale · Ottawa · Lower Town

$595,000

404 - 589 RIDEAU STREET, Ottawa

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Bedrooms

2 (1 half)

Bathrooms

About This Home

The details.

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...

Summarizing the highlights...

MLS® X13461904Listing courtesy of ROYAL LEPAGE TEAM REALTYSee all units in this building View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium/Strata
Parking: 1 space
Strata fee: $694 / monthly
Listed on: 2026-06-18
Days on market: 41
MLS number: X13461904
Data source: Ottawa Real Estate Board

Market intelligence

Statistics and history.

Days on market

Typical in Ottawa: 14 days

Ottawa median asking

$400K

2,819 active listings

New this week

367

2,819 active listings

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

367 new this week of 2,819 active listings in Ottawa, blended with typical days on market.

Where this price sits in Ottawa

$249KThis listing$560K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,783

$476,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,783

Cash flow

-$2,783

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Ottawa right now

2,819

Active listings

367

New this week

$400,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Transit stations: 43
Malls + supermarkets: 184
Pharmacies + hospitals: 347
City population: 1,017,449
Median household income: $102,000

The Neighbourhood

Living in Ottawa.

Household and demographic stats for Ottawa, from the Statistics Canada 2021 Census.

1,017,449
Population (2021): 40
Median age: 407,255
Households: 2.5
Avg household size: 63.9%
Home ownership: $102,000
Median household income

Ottawa neighbourhood guide Full census profile Ottawa market trends

Source: Statistics Canada 2021 Census, Ottawa, City (CY).

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Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.