Thursday 4 September 2014

Condos in Ottawa


As the summer starts to come to an end in the nation's capital, the condo market is just starting to heat up in Ottawa. Condos in Ottawa are a hot commodity, with the amount of government workers in the area, as well as the influx of university students and professors trying to secure their condo for the year, this is the time to invest. As the school year is just around the corner, the rush to rent is on the horizon, and condo's are a great investment that will have a guaranteed income throughout the year. We have narrowed down some great sites to look at right now, and into the future. We know that pricing is always an issue when looking at Condo Sales in Ottawa, and thus we are looking at properties that are still in the infant stage of their development.

At 267 O'Connor street the rezoning application for this location is going strong with Mastercraft and we should see building starting soon. The area is a great spot for young families or professionals who are looking for a quiet area that will be close enough to downtown to avoid a long commute. The area is bustling with top end cafes, restaurants and only a few steps away from top tier entertainment. The building permits and applications at the city level should be completed in the coming weeks and right now is the time to look into this great property.

Another great property we should be seeing movement is at the old OBE headquarters between Gilmour Street and Lewis Street. This property is not officially being redeveloped yet, but the rumors around the water cooler is it will be soon enough. Keep an eye out if you are looking to invest in a few years, especially for you young professionals just starting in your first federal job. With downtown only a few steps away, you can practically walk to work from this proposed building. As well, you are on top of some of the best restaurants in the city, and only a stone's throw away from the National Arts Centre and a variety of other live venues.  This location could not be any better, and if you buy in early, you are going to love the feeling of owning your first Condos in Ottawa.

With the surge of Condo's being sold in Ottawa currently, we decided to look a little into the future for the perspective condo owners. These locations are prime realty in the city, and if you are thinking about investing in a Condo Sale in Ottawa, these are great properties to look at in the future. It is an exciting time to be looking at Condominiums in Ottawa, and we look forward to helping you choose the best one to fit your budget and lifestyle. For more detailed information on all Condos in Ottawa please contact Peter Sagos at Condo613.ca.

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