SOHO Champagne - Sales Promotion

Hoping to jumpstart sales of the last few units as we move into the fall market, SOHO Champagne is now offering a last minute promotion for buyers. Aside from lowering the deposit amount to $10,000, they are also offering up to $50,000 cash back on closing (depending on the unit), no-condo fees for one year, and possible quick occupancy on remaining units. The promotion is being advertised as ending October 1st, so for those interested, better move fast. Currently there are approximately only 28 units left of the 200 in the building, ranging from 535sqft 1bedroom up to a 1,525sqft two bedroom with terrace.

SOHO Champagne is located at 111 Champagne Avenue South, just steps from Preston Street. This is Mastercraft Starwood's third SOHO building in the city, after SOHO Lisgar and SOHO Parkway. Designed by Architect Roderick Lahey Architect Inc, and interior designer is Gluckstein Design. The building now has occupancy and the 5 star amenities are almost completed.

For more information on the remaining units at SOHO Champagne or about pre-construction condos in Ottawa, fill out the form below - I would love to help!

SOHO Champagne - Occupancy Granted

SOHO Champagne, the third building for Mastercraft Starwood here in Ottawa, has now started occupancy. Currently the lowest floors have access, while the majority of the building is still being completed. Currently there are units available in the building between $298k and just under $1M. The building is located at 111 Champagne ave, just between Preston and Dow's Lake.

We got a first look at these units over the weekend, and while the amenity spaces are still under construction, the unit finishes are what would be expected with the Mastercraft Starwood name. Currently the parking garage and gym are expecting to be completed by April 30th, with the grand lobby to be completed by May 30th.

View looking north from SOHO Champagne higher floor.

Any questions about the SOHO brand or SOHO Champagne specific condos? I would love to chat.

CLICK HERE TO CONTACT MATT RICHLING

SOHO Champagne

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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Top three Ottawa condo buildings for Young Professionals

As a young professional who is working and living in Ottawa, only the best will do. Work hard, play hard is more than just a saying for you, it's your way of life. Last thing you want, are constant complaints from your neighbour because the walls are too thin, or issues with the condo board. With over 900 condo buildings across Ottawa, we have narrowed this down to a select few. 

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3. Mondrian Condos - 324 Laurier Ave. West

Mondrian, with its "rooftop" (6th floor) outdoor pool, complete with Miami-esq cabanas, large party room and concierge has been the choice of YP's looking for a place to call home. The units them selves are open concept and modern with floor to ceiling windows, exposed concrete pillars and columns, and decently sized. Great location for those working in the downtown core.

Location: 324 Laurier Ave. West, at Bank st.
Builder: Urban Capital (Toronto)
Year Built: 2009
Conceirge: Yes. 9-5 with security nights and weekends
Pool: Yes, Outdoors. Not for lap swimming.
Party Room: Decent sized with large sitting area, kitchen, dining table, TV, and pool table.
Gym: Yes 
BBQ: Yes, shared. Also has outdoor dining table. Electric BBQ's allowed on unit balcony.
Parking: Underground, and heated
Balconies: All units, except two per floor that do not ("07" and "08")
Elevators: Three high speed
Visitor Parking: None in building, paid lot beside entrance.
Demographic: Full mix
 

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2. Central Condo Complex (all three phases) - 354 Gladstone and 349 McLeod, 360 McLeod, and currently under construction Hideaway

Central Condos is a mix of three phases, 354 Gladstone and 349 Mcleod make up phase one (two addresses allow the large U shaped building to have two entrances, mailboxes, etc.), 360 Mcleod which is phase 2, and the third phase which is under construction called Hideaway. Same feel and flow as the Mondrian, but 4 years newer, and reflected in the updated finishings throughout the building.  

Location: Bank st, at Gladstone St. and McLeod St.
Builder: Urban Capital (Toronto)
Year Built: 2012, 2014, 2015
Conceirge: Yes. Each phase has its own, 9-5 with security nights and weekends
Pool: Outdoor pool in Phase 3, for residents of phase two and three only.
Party Room: Each phase has independant room. Decent sized with large sitting area, kitchen, dining table, TV, and pool table.
Gym: Yes 
BBQ: Yes, shared. Electric BBQ's allowed on unit balcony.
Parking: Underground, and heated
Balconies: Yes, few floor plans per building without
Elevators: Two high speed per building
Visitor Parking: None in building, paid lot beside entrance.
Demographic: Mix, 20-40yrs old

1. SoHo Lisgar - 300 Lisgar

SOHO Lisgar is Ottawa's second for Mastercraft Starwood. Located at 300 Lisgar, the building is very central being just off Bank St. and only a few blocks from downtown offices, Elgin St, Byward Market, Little Italy and Chinatown. The high end finishes, quality design, and first class amenities are what one would expect with the Mastercraft Starwood name.

"Timeless design, well thought out living spaces, style and flair are SoHo’s signature. We used the same high quality materials and standards demanded by our boutique hotel clientele – well-heeled jet setters, movie and rock stars, and C-level executives (CEOs, CFOs, COOs) – who demand living spaces equivalent to the comfort of expensive homes. For example, marble bathrooms with large shower stalls and rainshower head, a handshower with diverter, Floor-To-Ceiling and all-To-Wall Windows©, European appliances and Quartz countertops.

A kitchen designed with fine cabinetry you would find on a yacht or private jet, with an island, and kitchen appliances concealed behind lacquered doors. Backsplashes with glass tile and a stainless steel sink with side mounted faucet finish this stunning kitchen. 

Gluckstein designed each luxury condominium floor plan at SoHo Lisgar to accommodate fine furnishings to suit every taste and temperament. Living areas are designed for entertaining, up to 20’ wide, not the typical 10’ wide living room found in other condominium developments." (taken from developer)

 

Location: 300 Lisgar Street, at Bank Street
Builder: Mastercraft Starwood (Toronto)
Year Built: 2013
Conceirge: Yes. 
Pool: Yes, Outdoor pool plus hot tub.
Party Room: Yes, including high end chefs kitchen (Wolf Range, Fisher Paykel Fridge)
Gym: Yes, plus sauna
Theatre: Yes, separate room.
BBQ area: Yes, shared. Electric BBQ's allowed on unit balcony.
Outdoor Entertaining:  Yes includes an outdoor Kitchen and fire pit.
Parking: Underground, and heated
Balconies: Not all units.
Elevators: Two
Visitor Parking: Yes
Demographic: Mix, 20-50yrs old

Honourable Mention - 90 George

Built by Canril Corporation, this five star building is located in the heart of everything. Launched with many high end amenities over and above, such as separate "gold key" concierge and separate security, BMW 7 series Li for short outings (driven by concierge), valet parking, grand piano in lobby, three high speed elevators, etc. Built on a three storey commercial podium, the outdoor terrace which is approximately 9,000 sqft, owners relax, without leaving home. Did we mention the lobby is a BMW showroom, with models rotating throughout the year!

Location: 90 George Street
Builder: Canril Corporation
Year Built: 2009
Conceirge: Yes. 
Pool: Yes, indoor salt water pool plus hot tub.
Party Room: Yes, more of a dinning room
Gym: Yes, plus sauna
Theatre: No
BBQ area: Yes, shared. 
Outdoor Entertaining:  Yes, 9,000 sqft of space
Parking: Underground, and heated, with valet
Elevators: Three high speed
Visitor Parking: Yes
Demographic: Mix, 30-60yrs old, 

Click Here For More Information on these Ottawa Condo Buildings

YP Buildings

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Written by Matt Richling

Matt is a licensed salesperson at RE/MAX Metro City Realty in Ottawa, Canada. Matt loves helping sellers and buyers find the perfect home that fits their lifestyle. 

Ottawa Magazine - October Edition - Inside SOHO Met

Front cover of Otttawa Magazine which hits new stands 

Check out this months Ottawa Magazine (on newsstands this Thursday) for some great local content, and featuring more great articles. Take a look inside the top two floors of SOHO Lisgar (300 Lisgar Street) also known as SoHo Metropolitan Residences, which are part hotel, and all luxury. These fully furnished suits can range from $4,050 for a small one bedroom, up to $5,850 for a two bedroom for a 30 day rental. Keep in mind this does not include the $7-a-day fee for use of facilities such as pool, sauna, hot tub, and outdoor bbq. Not for you? They actually have a good market, considering a standard room at Chateau Laurier (with no cooking facilities) is around $8,000 month. Add on to that the amount of diplomats, government, and technology guests that our city hosts and it certainly seems like the perfect opportunity. Kind of makes you want to re-think your Airbnb account!?

Also in this months edition, is a great piece on Ottawa's "Stealth Wealth". The article explains how even though Ottawa remains the highest median total family income of all metropolitan census areas in the country, we do not show it. They chat with 

The October edition of Ottawa Magazine will be on newsstands this thursday.

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Written by Matt Richling.

Matt is a licensed salesperson at RE/MAX Metro City Realty in Ottawa, Canada. Matt loves helping sellers and buyers find the perfect home or condo that fits their lifestyle. 

SOHO Champagne - Building Update - September 18th

SOHO Champagne is the 3rd SOHO building by Mastercraft Starwood in Ottawa. It is a 200 unit, 20 storey, "hotel inspired" condominium building that is located at 111 Champagne Avenue. Currently under construction, SOHO Champagne is looking to start building occupancy in April 2015. 

Currently there are 38 units left and they are about 85% sold out. The main section of the building, there are only four one bedroom floor plans still available for purchase;
- Model E - 535sqft plus an 82sqft balcony, starting on the 11th floor for $302,900
- Model E1 - 535sqft plus an 82sqft balcony, starting on the 11th floor for $298,900
- Model f - 666sqft plus a 57sqft balcony, starting on the 10th floor for $353,900
- Model G - 614sqft, starting on the 4th floor for $307,900 

In regards to The Skycollection, higher units starting on the 16th floor, there are also a number of floor plans sold out, with only a few remaining. Ranging from 535sqft plus balcony for $314,900, up to 897sqft plus balcony for $510,900. 

If you are looking for Pathway Suites (lower units on 1st, 2nd, and 3rd floor), you have a good selection still remaining at a great price. Keep in mind that six of the 15 floor plans are already fully sold out.

They have seen a number of units sell over the past week and are looking to continue this success into the fall market. 

Notes:
- Parking is $35,000
- Locker is $3,500
- Condo Fees are $0.49sqft plus hydro

Are you looking for more information on SOHO Champagne or the SOHO brand in Ottawa? Fill out the form below to contact me, I would love to help.

Click Here to get more information on SOHO Champange

SOHO Champagne

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Written by Matt Richling.

Matt is a licensed salesperson at RE/MAX Metro City Realty in Ottawa, Canada. Matt loves helping sellers and buyers find the perfect home that fits their lifestyle. 

Selling: Millennials Are Here, And Looking To Buy Your Condo

This is an Ad for SOHO, which targeted Millennials. Offering a free lease of a brand new Mercedes CLA with purchase of select units.

When you sit down and prepare to sell your Ottawa condo, knowing who your target market is, will help you stand out and get results. Millennials, like baby boomers or Gen X, don't have a single definition, but the are typically considered to be people born between 1980 and the late 1990's. They are addicted to technology, and are now one of the larger demographics buying real estate across North America. 

If you are not going to include or pay attention to Millennial clients, then you are cutting out a large pool of possible buyers from your condo.  So, you ask if it is just marketing hype? Should you even care?

Take a peek at these economic and real estate statistics below that indicate Millennials are ready to purchase in the coming months - and beyond.

“Nearly 40% of buyers are first-timers, with Millennials making up 76 percent of the demographic.”

— National Association of Realtors

Half of 25-to-34-year-olds project to account for half of first-time buyers in the next decade. (Harvard University’s Joint Center for Housing Studies) 

A third of homebuyers during the first quarter of 2014 were Millennials. (National Association of Realtors)

Mortgage rates should remain near their record lows through the end of the year and start of 2015. (Bankrate)

Credit standards are easing for first-time buyers, which is great news for many Millennials with low scores. (Wall Street Journal)

Home prices are expected to improve between May 2014 and May 2015, with a predicted rise of 6%. (CoreLogic)

“Homebuying sentiment remains high for 94% of potential buyers, including many Millennials”

— Discover

77% of Millennials are confident they’ll know how to organize personal finances in the future. (Wells Fargo)

From 2015-25, Millennials are forecast to form 24 million new households. (Harvard University’s Joint Center for Housing Studies)

Many young renters aspire to buy homes soon, as they view homeownership as more ideal than renting. (Fannie Mae)

“Gen Y finances are improving: A third of Millennials are saving 6-10% of income for retirement.”

— Wells Fargo

From February 2013 to December 2017, home values are forecast to improve by an average of 22%. (Zillow)

Over 80% of Millennials say they are either currently comfortable financially or will be soon. (Pew Research Center) 

Eight in 10 Millennials cited the recent U.S. recession as the main reason they’ve become better savers. (Wells Fargo)

Older residences, including foreclosures, are providing Gen Y'ers countless affordable home options. (National Association of Realtors)

Take advantage of this knowledge and contact me about selling your Ottawa condo. Click the button below. I would love to help you out!

Click To Contact Matt Richling About Selling

Selling - Marketing To Millennials

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Written by Matt Richling

Matt is a licensed salesperson at RE/MAX Metro City Realty in Ottawa, Canada. Matt loves helping sellers and buyers find the perfect home that fits their lifestyle. 

New Custom Mini Cards

Hot off the press! Just got my new mini cards in! Features eleven of my favourite property photos from around Ottawa. Love them! SoHo, East Market, Mondrian, Claridge Plaza, Central, and a bunch of interiors.

Faces Magazine Article - May 2012

Faces Magazine Article for May 2012 which discuses the difference between buying a house and a condo. Also features a new listing inside SoHo Parkway.

Ottawa's Favourite Real Estate Agent Award!

Matt Richling just won the award for Ottawa's Favourite Real Estate Agent, voted by the Ottawa service industry.