Building Update

SoBa - Construction Update August

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

Since the last update earlier this year, Lamb Developments has continued to move forward with construction of SoBa which will be located at 203 Catherine Street. Construction of the 240 unit, 23 storey building is expected to be completed in late 2017 or early 2018. Units are still available for purchase.

For information on pre-construction condos in Ottawa, contact Matt Richling (Sales Representative with RE/MAX Hallmark Realty Group) by filling out the form below.

Claridge Icon Ottawa Condo - Construction Update

Claridge Homes is steadily progressing on construction of what will be Ottawa's tallest condominium building. Claridge Icon is located at 485 Preston Street in Little Italy and across from Dow's Lake. Expected completion of the 45 story building is April 2019. Unit price ranges from $291,000 to well over $1,235,000 of the 230 total units.

For more information about pre-construction condos within the city of Ottawa, please contact Matt Richling (sales representative with RE/MAX Hallmark Realty Group) by filling out the form below.

Arthaus Condos Ottawa - Construction Update

ArtHaus residence and condominium is currently on track for a late 2017 completion. Built by DevMcGill and located at 20 Daly Avenue with a premium location beside the Rideau Shopping Center and the Byward Market. Prices for available units range from $246,990 up to $589,990.

For more information about pre-construction condos in downtown Ottawa, contact Matt Richling (sales representative with RE/MAX Hallmark Realty Group) by filling out the form below or by email Matt@MattRichling.com

Claridge Icon - Construction Fire

Photo Source: Ottawa Citizen/Kara Hayne

Photo Source: Ottawa Citizen/Kara Hayne

Construction fire at the Claridge Icon site at 485 Preston St. The full article from the Ottawa Citizen is below; read the full article here

Hazmat call, fire at construction site doused in Little Italy
- Megan Gillis, Ottawa Citizen, August 10th 2016

A fire that ignited spray foam insulation at a Little Italy construction site has been doused and fire and air tests turned up clear, although road closures are still in place, Ottawa Fire Services said Wednesday as the afternoon commute began.

Concerns about potentially-toxic burning insulation was behind the large perimeter established around the Claridge Icon project at Carling Avenue and Preston Street after a loud noise and smoke were reported at noon, a fire service spokeswoman said.

First responders called the hazardous materials team to the scene and closed Carling Avenue from Bronson Avenue to Sherwood Drive, and Preston Street from Pamilla Street to Prince of Wales Drive. Crews have since reopened Carling.

Firefighters wore the breathing apparatus they don during working fires during the safety perimeter while police asked that people avoid the area.

Witnesses tweeted that firefighters were trying to extinguish insulation that had been applied to the foundation at the condo tower that’s under construction.

SoBa - Construction Update

Soba Condos Ottawa Video

With warmer weather now here, construction crews have come back and continue moving forward. Check out the above time-lapse video of the progress from yesterday at the SoBa site on Catherine st. 

Questions about pre-construction condos in Ottawa? I would love to chat - fill out the form below.

Zibi "O" - Approved by Gatineau Council

Windmill Development's first phase of the highly anticipated Zibi development, "O" , has been given the green light to move ahead. The Gatineau City Council unanimously agreed to let the 280 unit building to be located on the Gatineau side of the river. Windmill's co-founder Jeff Westeinde  has confirmed that they will  start pouring concrete this spring once the excavation and remediation of the land is complete. This is the first of six phases for the project to be built over the next 12 years.

For more information about the Zibi Development, CLICK HERE to view the area dedicated to everything and anything Zibi.

Arthaus - Floor Plans And Pricing

Arthaus Entrance Condos Ottawa

Note: Arthaus developer DevMcGill has chosen Matt Richling as a VIP Platinum broker for the Arthaus Residence launch. This allows clients a preferential first pick at units, views, and combo options, before the general public and non-VIP brokers. In addition there are exclusive incentives to clients who purchase (for a limited time). For a copy of all the floor plans and launch pricing/information, fill out the form at the bottom.

Check out the Arthaus page for everything regarding the upcoming Arthaus development.

Floorplan Sneak Peek
The Casson is a 518sqft one bedroom, one bathroom unit. This unit has views looking east and starts on the 15th floor at $259,990.

The Olgilvie is a 1189sqft (inc. 43sqft balcony) two bedroom, two bathroom, with large master suite including a walk in closet and en-suit bathroom. The unit has south and west views, starting from the 15th floor at $575,990.

Fill out this form to receive all the floor plans and launch pricing.

Claridge Icon - Construction Update

Claridge Icon Condos Ottawa

Located at 485 Preston street, (corner of Carling) in Little Italy and Dows Lake, Claridge's Icon has officially hit rock bottom. Well... Digging has hit the lowest part and crews are getting prepared to start building the parking levels and then the 45 stories. Housing 320 residential units plus commercial space in the lower podium - it will become the largest tower in Ottawa (after construction) at 485ft. Originally set with a closing date in December 2018, Claridge has moved the occupancy back to April 2019. Available units currently range from $286,000 to $1,250,000 for one of the few remaining penthouse units. 22 floor plans in total with most still available on select floors. 

For more information about pre-construction condos in Ottawa - contact me!

Yard and Station - Construction and Sales Update

Yard and Station Condos Ottawa
Yard and Station Condos Ottawa 2

Yard and Station, which is a low rise, luxury, loft building, is located at 12 Stirling Avenue (at Scott) in Hintonburg. The three storey building will be completed this year and only one of the nine units is still available for sale. The unit is priced at $899,000 plus parking and locker ($35,000) - and is 1807sqft of indoor space plus 130sqft of outdoor space. Yard And Station is being built by Ottawa based Morley Hoppner and the lead architect is Barry J. Hobin & Associates

Yard And Station Ottawa Condos

For more information about Yard and Station condos, or pre-construction condos in Ottawa, Contact me - I would love to help!

The Slater - Construction and Sales Update

Broccolini's The Slater has been topped off and interior work is well underway. Drywall work is around the 16th floor. The building is approximately 78% sold of the 178 units with prices starting around $227,900.

Broccolini is no stranger to Ottawa being involved with the construction of Windmill's Cathedral Hill, Richcraft's Galleria, etc.

 

The Bowery - Construction and Sales Update

Bowery Condos Construction Ottawa

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!

Arthaus - Sales Office Built

Arthaus Condos Ottawa - Sales Centre

We got word that a mysterious black office had landed and started hearing a little gossip about it's potential use. Finally it has been confirmed that the dark wood clad building will be the sales centre for Arthaus Residence. The sales centre is located on Rideau Street just across from the Metro and LCBO at the corner of King Edward. This also confirms that the building will start selling this spring.

For more information on Arthaus Residence or other pre-construction condos in Ottawa - Contact me!

Zibi Ottawa - O and Kanaal - Sales Update

Sales Update for Kanaal as of January 9th 2016

Sales Update for Kanaal as of January 9th 2016

Early November, "Kanaal" which is the second phase of Windmill Development's Zibi project, was officially launched to the public. Of the 61 units there is roughly 60% sold, however later this week Windmill is releasing 15 more units (mix of size). Windmill is expecting to break ground in the first half of 2016 and is expecting a completion date of late 2017 (possibly early 2018) for both phases. The largest difference between the first and second phase is future location - the second phase is located in Ontario, while the first is going to be located in Quebec.

The first phase of the highly anticipated project "Zibi" was officially launched on May 30th (2015) and is sitting at 65% sold. 

Both projects have a good mix of units remaining in size and price points.

For more information about Zibi condos or other pre construction condos in Ottawa, fill out the form below.

Arthaus Condos - Construction Update

Construction Progress of Arthaus Condos from DevMcGill

Construction Progress of Arthaus Condos from DevMcGill

**For everything ARTHAUS related, visit the up to date ARTHAUS section here**

Arthaus Condos, will be located above the Ottawa Art Gallery and Le Germain Hotel at the corner of Daly and Waller in the Byward Market (just steps from The Rideau Shopping Center - Nordstrom!). Montreal developer DevMcGill has over 20 years of building residential condominiums and expects completion in 2017. Sales dates have not yet been announced, but we expect it to be sometime soon (once things warm up a little). With such a unique building, location, and only 89 units - we expect the units to move quickly.

Also the sales centre for the project is currently under construction, located at 264 Rideau St (across from the Metro and LCBO).

For more information about Arthaus Condos or pre-construction condos in Ottawa, fill out the form below.

SoBa Condos - Construction Update

Soba Condo Construction Update Ottawa
SoBa Condos Ottawa Catherine Street Construction

After a warm fall and finish to 2015 we have not seen much progress from the construction site of SoBa. Located at 203 Catherine Street in Centretown, the 240 unit building was set for "completion in 2016" - however we have a feeling that this will be pushed back. 

Click To Enlarge

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

Breaking News - Change to Minimum Downpayments In Ottawa

Earlier today the Finance Minister announced a big change to CMHC-backed mortgages over $500,000. Starting February 15th, 2016, purchasing an Ottawa properties over $500,000 will require a minimum downpayment of 10% instead of the current 5%. However, this only applies to the portion above $500,000. 

This change will not affect
- those who are purchasing under $500,000.
- those who are renewing regardless of being over $500,000

This change was put into place to ensure security in riskier transactions, specifically in markets such as Toronto and Vancouver. The government claims that this should only impact about 1% of Canadians.

Looking for more information about buying or selling, or just want to talk about how these changes could affect you? Fill out the form below.

Zibi Construction Officially Started

Zibi Construction Ground Breaking Ceremony - Darren Brown / The Ottawa Citizen

Zibi Construction Ground Breaking Ceremony - Darren Brown / The Ottawa Citizen

Today was the groundbreaking ceremony to start the $1.5 Billion, 15 year, 37 acre, mixed use development called Zibi. Windmill Developments has launched two phases - "O" and "Kanaal" which expect to see completion by late 2017. About 50% of the units remain for "O" which is the Gatineau side project.

For more information about Zibi or pre-construction condos in Ottawa, fill out the form below.

Zibi Ottawa - Kanaal - Grand Launch Date

Zibi Ottawa Kanaal Condos

After great success with the launch of the first phase on the Gatineau side, Windmill Developments has announced the name and date for the second phase of the Zibi Project. Kanaal will be a mixture of 61 condos and stacked town houses designed by Barry J. Hobin and Associates Architects. Located on the Ontario side of Ottawa's Chaudiere Island, many buyers have been very eager for an Ontario building in this project.

Grand Launch for Zibi's Kanaal has been set for 10am Saturday November 7th at the Zibi Sales Centre (3 Eddy Street in Gatineau). If the first launch was any indication - expect some great food and entertainment.

For assistance with purchasing a pre-construction unit at the launch or for more information about Kanaal, or the entire Zibi project, fill out the form below. 

Smart House Project Cancelled

smarthouse-ottawa-facebook.jpg

Rumours about the fate of the micro condo building have been circulating since the beginning of the month and we finally got the official word late last week. Urban Capital has decided that Smart House will be cancelled and turned into a rental building. For those who have purchased, deposits are being returned. There is no information behind who is involved with the rental building, but we do know that it will not be sold unit by unit.

Urban Capital will now turn the focus to the upcoming James Street Pub building which we expect to be launched late spring or summer 2016 at the earliest.

Questions about buying pre-construction condos in Ottawa? Fill out the form below, I would love to chat.

Condomania - Minto Offering Big Incentives

CondoMania Ottawa

Offering discounts of up to $50,000 on select units, Minto is making it more attractive than ever to purchase a unit at one of their developments. Only a few units are included (or should we say remain) with more expected to be available during the one day event. Dubbed "CondoMania", Minto is holding a sale at the Glebe Bank street sales office on Saturday October 24th at Noon till 6pm. The projects included are Lansdowne, Beechwood, and Upperwest! In addition to the up to $50,000 savings, buyers also will receive free parking and locker PLUS a pair of RedBlacks 2016 season tickets. 

For more information about the three developments, or to see sample units and pricing click here. If you are looking for assistance with purchase, fill out the form below - I would love to help.