The Charlotte - Construction and Sales Update - July 2021

**For more information about The Charlotte visit The Charlotte page HERE, which has everything about the building in one place. This includes the floor plans, pricing, renderings, sales updates, etc. **

Richcraft Homes has been working hard and construction is coming along for The Charlotte. Located at 560 Rideau Street, the construction is currently pouring the 8th floor of the 14 floors and is on track for a late April or early May 2022 occupancy.

The building is roughly 40% sold out of the 197 units with pricing starting at $379,000 for the SB floorplan which is 389sqft on the 9th floor. Pricing for studio units is averaging about $1,000sqft and $800sqft for one bedroom units.

For more information about The Charlotte condos, or other pre-construction condos in Ottawa, please fill out the form at the bottom of the page.

The Charlotte - Construction Update and Special Promotion

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**For more information about The Charlotte visit The Charlotte page HERE, which has everything about the building in one place. This includes the floor plans, pricing, renderings, sales updates, etc. **

The Charlotte, which is being built by Richcraft Homes at 560 Rideau Street, is currently moving ahead with construction. The building which originally launched a year ago, is already moving forward and is set for a completion date of mid 2022. Richcraft is currently running a 50% off parking promotion, or a $20,000 cash discount on all two-bedroom suites.

Located in Sandy Hill, the building will consist of 197 units over 14 floors. Prices originally started at $285,000.

For more information about The Charlotte condos, or other pre-construction condos in Ottawa, please call or email 613-286-9501 or Matt@MattRichling.com.

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The Charlotte - Sales and Pricing Update

**For more information about The Charlotte visit The Charlotte page HERE, which has everything about the building in one place. This includes the floor plans, pricing, renderings, sales updates, etc. **

Richcraft Home's latest project, The Charlotte, had its VIP launch on October 19th and public launch on November 2nd. Since then they have seen 28 units sell out of the 197 units in the building, selling out certain floorplans. The 1A, 1B, 1C, and 1D floorplans are sold out.

Pricing has also changed slightly with some units seeing modest increases. The building is now priced at an average of $733.57/sqft, the average size is 651 sqft, for remaining units that are advertised. Prices start at $295,000 for the SB floorplan which is 389sqft and available on floors four to twelve. Keep in mind this is the starting price as the prices posted are the lowest floor.

The Charlotte is going to be located at 560 Rideau Street, near the corner of Rideau and Charlotte. It is comprised of 197 units over 14 floors and expecting occupancy of April 2022.

For more information on The Charlotte Condominiums or other pre-construction condos in Ottawa, call or email - 613-286-9501 or Matt@MattRichling.com.

The Charlotte - Floor Plans and Pricing

**For more information about The Charlotte visit The Charlotte page HERE, which has everything about the building in one place. This includes the floor plans, the pricing, renderings, etc. **

We have received a copy of the floor plans an early copy of the VIP launch price list for The Charlotte which is launching on October 19th. Richcraft Home’s newest condo building is going to be located at 560 Rideau street, in Sandy Hill.

The Charlotte Pricing

Keep in mind that we have only received the “starting from price” for each floorplan, so the actual number is higher.

Of the 62 variations/floorplans:
- The average for the building is $726.37/sqft (starting price)
- Each unit includes a storage locker at no additional cost
- Parking is $45,000 and only available on select units
- There is only one floorplan with a starting price below $300k, 389sqft Model SB on floors 4-12 starting at $285,000
- Then pricing jumps to starting from $320k for 375sqft on floors 13-14
- The average size in the entire building is 624sqft
- 16 studios which average 406sqft
- 114 one bedrooms (including 1+dens/flex) which average 533sqft
- 71 two bedrooms (including 2+dens/flex) which average 818sqft

The Charlotte Floor Plans

For all of the floorplans, visit The Charlotte page HERE, which has everything about the building in one place. This includes the floor plans, the pricing, renderings, etc.

For more information about The Charlotte condos, or pre-construction condos in Ottawa, fill out the form at the bottom of the page.

Richcraft's The Charlotte - VIP Launch October 19th

**For more information about The Charlotte by Richcraft, visit our Charlotte Page here. Including floorplans, renderings, etc. as they are released **

Richcraft has announced that the VIP launch for the Charlotte will be on October 19th. There are no other details released at this time. The Charlotte is the latest project for Richcraft who has also built some of our most well-loved buildings (The Galleria 1 and 2, The Bowery, The Laurier, Place Des Gouverneurs, etc.).

There are going to be 197 units over 14 floors, with pricing expected to start in the mid 200’s. There will be a rooftop outdoor pool with lounge, fire pit, and bbq area. Indoors you will find an amenity floor with a party room, dining room, a kitchen, bar, games room, fitness centre, yoga stretch room, etc.

To stay up to date on The Charlotte, including floor plans, pricing, etc, as it becomes available, fill out the form below.

Richcraft's The Charlotte - Launch Update

Richcraft has provided a soft update for when to expect the launch of their next project, The Charlotte, which will be located in Sandy Hill at 560 Rideau Street. They don’t have an exact date yet, however expect the project to launch later this fall. The building (currently as per plans) consists of 212 units inside the 14 stories, with pricing advertised to start from the mid $200’s. Richcraft says it will be “Stylishly crafted with a modern outlook and cutting edge amenities and finishes, The Charlotte will be Ottawa’s premier condominium residence.”

The Bowery - Sales Update

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“O7” Floorplan at The Bowery

The Bowery has only 20 units remaining including four model suites, that are available for purchase. There are 246 suites (250 if you include the two guests suites, sales office, and the superintendents unit) in the building in total. Pricing beings at $276,000 for the S5 model, a 493sqft studio. The largest unit that is currently available is the F4 model which is a one bedroom plus flex, 686sqft, for $381,000. All units include four European stainless steel appliances, washer and dryer in-unit, quartz counters, and hardwood flooring throughout the unit - all standard.

**For more information about the Bowery, visit our Bowery page located HERE.**

For more information about new condos located in downtown Ottawa, or for help to decide which unit is the best fit for you, fill out the form at the bottom of the page!

Bowery - Sales Promotion

Richcraft has announced a sales promotion to push the remaining units at The Bowery. The “Closeout Sale” offers a discount on all units, plus a free storage locker during the month of March. Specifically, units up to and including 6th floor will be discounted by $6,000. All units 7th floor & up will be discounted by $5,000. There are still great units available across most price points and sizes.

Located at 255 Bay Street, The Bowery Condos + Lofts is 18 stories with 248 units ranging in size from 493sqft (S5 floorplan for $262,000) up to 781 sqft (T1 floorplan for $452,000) . Amazing rooftop amenities that are worth making the project a must-view.

** For more information about Bowery Condos + Lofts, visit our Bowery page HERE, where you can find floorplans, pricelists, renderings, photos, news clippings, and other information. **

The Bowery - Sales Update

The Bowery is Richcraft Homes’ latest building, located at 255 Bay Street in Centretown. The building is now completed and there are only 40 units left in the building or 84% sold out. Prices for remaining units range from $262,000 up to over $472,000. Size of available units is from 493sqft to 846sqft.

For more information about the Bowery, visit our Bowery page located HERE.

For more information about new condos located in downtown Ottawa, fill out the form at the bottom of the page!

The Charlotte - Coming Soon

Richcraft's latest development is coming later this year. Floor-plans and pricing are currently being sorted out, but sources are saying to expect a late summer/early fall launch. 

The development will be located in Sandy Hill, specifically 560 Rideau Street.

The Bowery - Sales Update

Sales continue to move along at Richcraft's The Bowery Condos, which is located at 255 Bay Street. The building is now 75% sold out. Only a few select floorplans are available, and an almost immediate closing could be provided. 

For more information about The Bowery, or condos in Ottawa, fill out the form below!

CLICK FOR MORE INFORMATION

The Bowery June 25th 2018

The Bowery - Sales Update

The Bowery Condos and lofts, built by Richcraft Homes and located at 255 Bay Street, has sold 159 of the 246 suites (250 if you include the two guest suites, sales office, and the superintendents unit) or about 64% sold out. There are six of the floorplans that are fully sold out and numerous floor plans that are only available on lower floors. Pricing starts at $200,000 for the S2 model which is 401sqft, and only available on the 1st and 2nd floor. The largest unit that is currently available is the T3 model which is a two bedroom, 919sqft, located on the second floor for $418,000. All units include 4 European stainless steel appliances, washer and dryer in-unit, quartz counters, and hardwood flooring throughout the unit - all standard. 

The building is now complete and the units are available with an (almost) immediate closing period. Parking is available at $30,000* and lockers at $3,000. Monthly condo fees are priced at $0.36sqft and include heat, water, central air, etc. *Parking available for select units.

For updated floorplans and price lists, fill out the form below. 

Click here for more information.

Bowery

Richcraft Sales Event - Galleria 2 (238 Besserer)

Richcraft Homes is currently pushing the last remaining units inside of the Galleria 2, located at the corner of Besserer and King Edward (on the border of Sandy Hill and the Byward Market). "The Million Dollar Event" has discounts on the remaining ten units, ranging from $40,000 to over $275,000 off of the purchase price. The building is now fully completed, allowing a quick closing period (for those who are looking to move fast). Building features an indoor pool, gym, amenities room and outdoor area, visitor parking, etc.

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A few of the available units include - The Urban Sp. on the 11th floor, 720sqft plus a large 435sqft terrace originally priced at $493,778, now priced at $399,000. The first major standout is the terrace, but looking closer you will see that the living area is decent and provides plenty of room depending on how you wish to enjoy the space. This includes underground parking, storage locker, stainless appliances,  hardwood throughout including the bedroom, Granite counters throughout etc.

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Another favorite is the Fenton floorplan on the 6th floor, 978sqft two bedroom two bathroom that was originally listed at $487,000 and now priced at $447,000. A smaller sized corner unit that includes a master en-suite bathroom and lots of light. This includes underground parking, storage locker, stainless appliances,  hardwood throughout including the bedroom, Granite counters throughout etc. 

 

Overall with the highly desired location (steps to Byward Market, Rideau Shopping Center, Nordstrom, Parliament Hill, University Of Ottawa, etc), and high-quality finishes, these units are certainly appealing to those currently shopping. There are only ten units - so once they sell, they are gone.

If you are interested in downtown condos for sale in Ottawa, contact Matt Richling (sales representative with RE/MAX Hallmark Realty Group) who focuses on downtown living. Fill out the form below or email him directly - Matt@MattRichling.com.

Click To Contact Matt Richling

238 Besserer Sales Event

The Bowery - Construction and Sales Update

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The Bowery, by Richcraft has come along way and is progressing nicely. Currently at the 15th of 18 floors, they are installing the exterior windows on the 6th floor. Richcraft is on track with occupancy to start on November 1st. 

Currently 98 units are sold in the building out of 246 units, with three sold so far this month. Richcraft raised The Bowery pricing yesterday after a comparison to other buildings in the area showed that they are still priced quite lower.

The Bowery is located at 255 Bay st (at Gloucester) - with the sales centre located at 136 Bank ( at Slater). A total of 246 units with prices starting from $181,000. Rooftop amenities feature an indoor pool, fitness and yoga studio, indoor lounge/party room, outdoor terrace, sauna, etc.

For more information about The Bowery, or pre-construction condos in Ottawa, Contact Me!

The Bowery Promo Event

New promo has just announced directly from Richcraft for anyone who purchases The Bowery. Buyers have the choice between no condo fees for one year, free storage locker, upgraded designer package, or hardwood in the bedroom.

While you might have a preference on which you would prefer, it will depend on the size of the unit to decide which option would be the best option. No condo fees for one year is typically a rebate or discount off purchase price. Easily calculated for the size of the unit - $0.36sqft 800sqft = $3456/year or 400sqft = $1728/year. Storage lockers are priced around $3,000. Then the designer package and hardwood depend on the unit. 

Questions about the building, units, or purchasing pre-construction condos in Ottawa? I would love to chat - fill out the form below or email directly Matt@MattRichling.com.

Genworth's Metropolitan Condo Outlook - Winter 2015

Genworth and the Conference Board of Canada has released the 2015 winter edition of its apartment condominium study that looks at eight metropolitan areas, including Ottawa.

For the full report and in depth look into Ottawa and the other areas, click here.

"Although inventories remained high in 2014, Ottawa apartment building permits nearly doubled during the six months to December 2014 compared with their year-earlier levels. As a result, the new apartment condominium market is set to pick up again in 2015, with starts forecast to increase by 9.9 per cent. In fact, construction is already under way on a number of new buildings this year, including The Bowery condominiums and Claridge’s Icon condominiums in Little Italy. The Icon condominium building will be Ottawa’s tallest. But this title may not last long. A new development proposed by Richcraft Homes, also in the Little Italy neighbourhood, would see the construction of three new towers, the biggest of which would be 55 storeys tall. Starts are expected to keep rising from 2016 to 2019, growing by a forecast average of 1.2 per cent per year. Absorptions are set to decline this year and next, albeit from a 2014 record high, and then begin to rise through the next few years, helping to whittle down inventories." - taken from the report.

Bowery - Construction and Sales Update

Construction is underway at The Bowery Condos (255 Bay St) by Richcraft Group. Crane was delivered on site a short while back and crews are currently pouring the lowest parking level, P4.

Currently sitting at just over 25% sold, with an expected occupancy date of late 2016 for the lowest floor to mid to late 2017 for the penthouses. Some of the units are now sold out completely (the S4 studio unit, penthouses), while some have limited availability (S1, S2, S3, O2, O3, F4) on the lowest floors. 

Question about The Bowery Condos? 

Click to Contact Matt Richling

Bowery Condos - Construction update

Richcraft Joins The Tallest Condo in Ottawa Battle!

Next week Richcraft is going to be in front of the planning committee to get approval for the tallest condo building in Ottawa. The building will be located at 845 Carling, one of three buildings they are hoping to construct on the site which is the old Dow's Honda location. 

From Ottawa Citizen Article

Currently approved and now under construction, Claridge's Icon holds (or will hold?!) the title for tallest condo building in Ottawa sitting at 45 storeys. Richcraft is hoping for a 55 storey(180 meters) building, along side a 45 storey (148 meters) and 18 storey (66 meters) sister towers, all containing approximately 1120 units, with 6,800 sq meters of ground floor commercial space.  Currently the entire Carling/Preston area is zoned for 31 storeys, which was approved last summer.

The main issue at this point seems to be over parking. Minimum parking for the complex is 675 residential spaces (91 commercial), however Richcraft is looking for an extra 100 spaces (766 in total plus the 91 commercial). The builder is also looking for an increase in bicycle parking spots to 566. Plus this complex will have direct access to the O-Train's Carling station, raising questions as to why the extra spots. 

Link to the Zoning Amendment

Link to the Wind Study

Any questions about pre-construction condos? I would love to chat!

Which Ottawa Condos have Pools?

Indoor pool for the owners at 200 Rideau St and 234 Rideau St, built by Claridge

While it might seem like the amenities rarely get used in a building, for those that take advantage of them, its like adding extra rooms onto your condo for free! (Well... yeah you pay for them, but still)

Lets look at which condo buildings around Ottawa have pools!

Claridge (especially lately) has been a big believer in amenities and nice big pool areas. Take a look at  Claridge Plaza (phase 1-4), La Tiffany (phase 1 and 2), Lebreton Flats (250 Lett),  Tribeca (pool under construction), and eventually Claridge ICON (est 2018), etc.

Urban Capital has started including resort styled pools with The Mondrian (324 Laurier) and the Hideaway (on Mcleod). 

Mastercraft Starwood, known for high quality amenities includes pools at SOHO Lisgar (300 Lisgar) and soon SOHO Champange. SOHO Parkway only gets a rooftop hottub with some of the best views of the city... (sarcasm...). 

Richcraft has built a few pools including, The Galleria (200 Besserer), The Galleria Phase 2 (238 Besserer), The Laurier (570 Laurier), and soon to be built The Bowery.

Other central buildings with pools include 90 George St, 160 George Street, 199 Kent, 500/530 Laurier Ave, 470 Laurier Ave, 556 Laurier Ave, 151 Bay, 20 The Driveway.... etc. The list goes on.

Currently we have a few units available with pools including, Claridge Plaza (234 Rideau Unit 1005, Mondrian (324 Laurier Ave Unit 2209) and two units at Tribeca (179 Metcalfe)! 

If you enjoy taking a dip and are looking for a condo with a pool in Ottawa, lets chat! I would love to help you out!

Click To Contact Matt Richling

Ottawa Pools

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2014 Sammy Awards Results

Taken from a Richcraft promotional piece following the recent win. 

There has been lots of excitement over the past year, with much more competition between builders means more effort into marketing, sales, and design. The Sammy Awards are held by the Greater Ottawa Home Builders Association every year, for local builders and industry partners.

Richcraft Homes was the big winner, taking home the Grand Sammy for most awards. They won Best Print Advertising for a Builder (The Bowery Condos), Best Builder Sales Centre (The Bowery Condos), Best Marketing Campaign (The Bowery Condos), and Best Builder Brochure (The Bowery Condos).

Claridge Homes took home Best Condo Model for a High Rise (the Tribeca Broadway unit), Best Builder Website, and Best Town Home Model over 1,500sqft.

Minto Communities also won with Best Project Logo, and Most Environmentally Friendly Builder. 

For a full list of winners, visit here. For more information on the Sammy's visit here.