The Bowery - The Breakdown

So since the VIP agent party a few weeks back I have been getting tons of inquries for more information regarding The Bowery. If you don’t know about Richcraft’s newest building, CLICK HERE.  Also… note the pricing… its pretty decent for what you will get. Especially compared to other buildings and launches going on right now. Add in the rooftop pool, gym and party room, free condo fees for a year and free storage locker! Its one of the hottest buildings we have right now.

Coles notes of the points they are pushing…
- Starting at $179,000 for 375sqft (1st floor) and $415,000 for 914sqft (2nd floor)
- 6 of the floorplans under 500sqft, 13 of the floorplans between 500-799sqft, 4 floorplans 800sqft and over
- Condo Fee $0.38 per square foot + Hydro, Water
- Locker included in all purchases
- Parking $27,500
- Interior upgrades such as stainless steel appliances, Quartz Countertops
- First Choice and Best pricing through agent VIP Launch including no condo fees for a year.
- Rooftop Pool, Terrace with Panoramic Views
- Lobby includes a Concierge 
- Deposit structure is 15% down (“first five thousand on signing, rest up negotiable on a per deal basis” - as of Bowerys sales rep 10/10/13) 
- official VIP launch set for Nov 7th

 

As standard, clients want to know what I think about certain floorplans… I will go over two floorplans and provide my thoughts.

Here we have the B2 floorplan which is 520sqft plus the 162sqft balcony. Price is starting at $248,000 on the 1st floor which includes the free locker. There are two of these per floor, one facing north, and one facing south. It features a nice entry way including the front closet, washer/dryer and even a small built in desk. Then you have an open kitchen/living room area and decently sized bedroom.

Here we have the B1 floorplan which is 590sqft plus the 96sqft balcony. Price is starting at $274,000 on the 1st floor and available up to the 15th floor. There are two of these units per floor with both having eastern AND a second exposure East or west (depending on the unit). Thats right, this is a corner unit that offers plenty of natural light. Again you have a nice entry way, which separates the unit from the hallway, however there is no desk area. The bedroom is smaller, but has eastern facing windows. The kitchen/living room is slightly larger than the B2, but has a slightly smaller balcony. 

Both of these units are a favourite of mine for someone looking for a one bed under $300,000 and both of these could even include parking under that $300,000 budget too (depending on the floor height). Which IMO is a great buy.

If you interested in the full floorplans, and pricing please shoot me an email - Matt@MattRichling.com.

Keep in mind that they have now announced the VIP agent launch date for November 7th, which will allow clients working with agents the first chance of purchasing a unit in the building. If you would like to have me walk you through your options, negotiate the deposit structure, and assist with purchase, feel free to contact me. Ask about the incentives that we offer, over and above the 1% lower purchase price and free condo fee’s for one year.

You can always email me - Matt@Mattrichling.com - or by phone 613-286-9501.

Condo Launch - The Bowery

Located at 255 Bay st, Ottawa builder Richcraft is about to launch its newest project called The Bowery.  The same builder to bring well crafted and high quality work such as Galleria and Galleria phase 2.

Last week, Richcraft invited me to a sneak peek to show me the project and give me the full scoop on what is coming.

Located steps from Bank St. the Bowery is going to be a 17 floor building with a rooftop pool, terrace and hotel inspired amenities. Units start at 375sqft up to 914sqft. Obviously slightly smaller units, with prices that are reflective of the size, starting at $179,000 up to $415,000. Montly condo fees at priced at $0.38 per sqft. Best part is every unit includes a storage locker at no extra charge.

There are some amazing amenities in the Bowery over and above the rooftop pool and terrace, including the gym, sauna, outdoor yoga studio, party room with fully equipped catering kitchen and private dining room, hotel inspired lobby including concierge and guest suite.

The building launch is set for late October or Early November (date still coming), for VIP clients and shortly after for general public. To get more information including prices, floorplans and other information, contact me directly at 613-286-9501 or Matt@MattRichling.com.

Stay tuned as I will profile some of my favorite units, and walk through the floorplans. This is a very exciting building which you do not want to miss.

Central Condos Open House this Sunday 2-4pm

Large Ottawa Condo Open House this weekend at Central Condos on Sunday from 2-4pm. All remaining condos in Phase 1 (349 Mcleod Central Condos Ottawa) will be available to view, which includes 1bedrooms, 2 bedrooms all with parking. This units are all from the developer Urban Capital and are brand new construction new been lived in with many upgrades, ready to move in. For more information contact Matt Richling at 613-286-9501, Kim Tran at 613-563-1155 or Anthony Donnelly at 613-563-1155.

SoBA Ottawa Condo Launch - information and pricing

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Decided to swing by the launch for SoBa Condos Ottawa this past saturday. The launch was scheduled for noon but as in traditional Brad Lamb fashion, he held the doors back 30 min, just to make sure the line was extra long and provided better photos. Finally at 12:45 we were inside and handed a bright yellow brochure with a sample price list for units. Nice sales centre, and a decent model suite were set up.

SoBa Ottawa will definitely add to the area, and being located in a difficult lot location due to the highway certainly doesn’t make the design easy. Check this quote from Brad Lamb:

“We are absolutely committed to creating striking modern developments that offer stylish, design-conscious homes for sophisticated urban dwellers.” - Brad Lamb

Some of the example prices include unit 304 which is 407sqft for $181,900, unit 1204 which is 511sqft for $246,900 or 1209 which is a 2bed at 655sqft for $314,900. Parking is $32,900 and lockers for $3,500. Maintenance Fees starting at $0.48sqft not including heat or hydro. Looking at occupancy for Late 2015! 

For a copy of the Price Lists or Floorplans of the SoBa Condominiums email me at Matt@MattRichling.com or visit the sales centre located on Catherine st, just west of Bank st. If you would like some assistance and advice with the purchase to maximize your return, I would be glad to assist!

SoBa Ottawa Condo Launch Tomorrow!

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Anyone who is interested in purchasing one of the brand new units in the Brand Lamb Developments new building SoBa or South On Bank, which is launching tomorrow, best get in line! There is a fair chunk of buzz happening for the launch and should be an exciting day tomorrow. Starting at noon, more information such as full prices and the ability to reserve units will be allowed as well as an appearance by Mr. Lamb himself!

If you are interested in purchasing a unit at the launch tomorrow, I will be on site and if you use me to help navigate the purchase I will be able to cover your legal fees on the purchase! For more information, contact me directly at matt@mattrichling.com or 613-286-9501.

 

FREE 5 Star 3 Night Weekend For Two…

Spring is here in Ottawa and so are the deals! Hideaway at Central just launched a promo to help move sales. Purchase a loft and receive a 5 star, 3 night weekend getaway to Miami for 2 OR up to $3,500 cash back on closing. *There are more details, so make sure to check the fine print 

Starts 12 noon on Saturday Feb 18th and runs till Sunday Feb 26th!

For more information contact the sales centre at Mcleod St just east of Bank or HideawayatCentral.ca OR just send me an email!

More Spring Deals! Purchase at Gotham and Receive Gift!

One day only - Gotham condos located at 224 Lyon St in Ottawa is offering increased commission on Jan 11th. Purchase through Matt Richling and receive a gift back on closing for amount approximate to 1% of purchase price.

Gotham has already seen huge sales with over 60% sold in 60 days!

For more details contact Matt Richling at 613-286-9501 or Matt@MattRichling.com.