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. **

River Terraces 2 - Ground Breaking Sales Promotion + Sales Update

The River Terraces Phase 2, by EQ Homes, is celebrating the start of construction with a “Ground Breaking Sales Promotion”. Only available until March 10th, or for the first three buyers of a one bedroom or one bedroom plus den, the first three buyers of a two bedroom or two bedroom plus den, or the first two buyers of a penthouse unit. The promotion includes a $10,000, $15,000, or $20,000 EQ Design Studio bonus (per unit size), with the penthouse buyer getting an additional parking spot included ($37,500 value).

Located in Old Ottawa East, just off Main street, The River Terraces Phase 2 consists of 96 units, ranging from 514 sqft (model 3* for $284,900) up to 2156 sqft (Model 36 for $1,799,900). The building is now 25% sold, with the sales team pointing out that the two bedroom units being quite well and the most popular. There is still a good mix of units available, for all price points and sizes. They are expecting an occupancy date of late 2020 or early 2021.

**For more information on The River Terraces Phase 2, visit our River Terraces Two page here.**

SoBa - Sales Promotion

View fullsize

Lamb Developments has announced an upcoming sales promotion for SoBa, which is located at 203 Catherine Street between Bank and O'Connor. The sales promotion is targeted at investors who are really heating up the market especially with pre-construction product. Aside from the 5% off prices which puts one bedroom units starting at $217,900, they are offering:

- Only 5% down
- Closing cost and development fees capped at $5,000.00
- Free rental permission clause
- Free property management for two years
- Free rent guarantee for two years

Keep in mind that this promotion is NOT yet being offered, however, we will have early access to those looking to take advantage. Lamb is currently holding off selling units at SoBa in order to focus on selling units at Gotham. 

Things to note, occupancy is currently projected to start around October of this year. I don't expect this promo to last long, especially with units nearing completion so soon. SoBa is currently about 80% sold out, so there is limited supply of available floorplans.

If you want to take advantage of this offer before the general public, fill out the form below. 

Gotham - Fall Sale

Lamb Development Corp. has announced another sale to push the remaining units at Gotham, located at 224 Lyon St. This fall sale has discounts up to $62,000 off the developer prices for the remaining 20 developer inventory suites from the original 251 units. 

For any questions about pre-construction condos across Ottawa contact Matt Richling (Sales representative with RE/MAX Hallmark Realty Group) by filling out the form below or Matt@MattRichling.com.

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.

View fullsize

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.

View fullsize

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