Pre-Construction Condos For Sale in Centretown West
About Centretown West's Pre-Construction Condos For Sale
This is Centretown West, a neighbourhood in the city of Ottawa with 4 Pre-Construction buildings with condos for sale. Pre-Construction condos for sale in Centretown West spend an average of 479 days on market with an average sale price of $456,000 in 2020. 1 Pre-Construction condo units were sold in Centretown West last year. The Pre-Construction condo building with the highest Dork Rating in Centretown West is Claridge Icon with a rating of 253 in 2020.
A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.
Claridge Icon in Centretown West was the most active Pre-Construction condo building in 2020 with 1 units sold in Centretown West. The Pre-Construction condo building in Centretown West with the highest average price per sqft last year was Claridge Icon at $647 per sqft.
When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.
You can find the neighbourhoods of Little Italy and Lebreton nearby which have Pre-Construction condo buildings. This neighbourhood is a Biker's Paradise with a bike score of 93. Excellent Transit is available in Centretown West. Centretown West is Very Walkable with a walk score of 84.
Centretown West Condos For Sale
Viewed as one of Ottawa's condo hot spots, Centretown West, has a total of 14 condo buildings. Condo development in this neighbourhood has been booming with 6 Low-Rise, 3 Loft, 6 High-Rise, 4 Pre-Construction, 2 Mid-Rise and 1 Luxury in Centretown West. With so many buildings to choose from in Ottawa, there are naturally lots of condos for sale in Centretown West. Condos for sale in Centretown West spend an average of 94 days on market. Centretown West had 16 condos sold within it in 2020, an decrease of -6% compared to the year before. Condos for sale in Centretown West had an average sale price of $$455,128 last year, an increase of 15% from the prior year. This neighbourhood is a Biker's Paradise with a bike score of 93. Excellent Transit is available in Centretown West. Centretown West is Very Walkable with a walk score of 84. Little Italy and Lebreton are nearby neighbourhoods.
Tizita Bakeshop, Farinella, and Carmelito are great bakeries in Centretown West. There are some great cafes in Centretown West such as Cafe Cosenza and Bello E Buono Caffe Italiano. Do you enjoy being in the kitchen? Pick up groceries at Saigon Meats & Vegetables, Luciano Foods Ltd, and Kowloon Market. Locals of Centretown West love dining at Centertown Donair & Pizza. There is a surprising amount of green space with Primrose Dog Park, Primrose, and Plouffe Park in Centretown West. You can find the pharmacy Pharm Can Drug Mart in Centretown West. Custom Buttons Ottawa is a shopping center in Centretown West that has something for everyone. Bruyere - Hopital Saint-Vincent Hospital is the closest hospital to Centretown West. Centretown West has many local events taking place with School of the Photographic Arts: Ottawa (SPAO) and Central Art Garage catering to the arts scene. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Wefit.ca and De La Costa Academy | Ottawa BJJ & Self Defense are popular fitness centers with locals. Animal enthusiasts, good news Little Blue Bird Toys is in Centretown West. If you enjoy reading you will be happy Ottawa Tool Library is in Centretown West. The local schools in Centretown West is St Anthony Elementary School. There are many students in this neighbourhood as Dominican University College is located within it.
What to Expect
Centertown West lies west of Bronson Ave, east of the O-Train Trillium Line, north of Carling Ave, and south of Somerset St. The area mostly comprises Ottawa's Chinatown and Little Italy neighbourhoods. If you continue west, you will stumble upon the Hintonburg and Westboro neighbourhoods, making this neighbourhood perfectly located to explore many of Ottawa’s best amenities.
Demographics
Like Centertown, Centretown West has a very diverse demographic. The area is popular amongst newcomers due to the pockets of non-Canadian culture concentrated in the neighbourhoods. In addition, there are families and students in the area.
Lifestyle
Centertown West has all of the attractions of Centertown plus more due to Chinatown and Little Italy. There is no shortage of Pho and Chinese restaurants, fine Italian cuisine, gelato shops and more. Additionally, Centretown West has a ton of bus routes, as well as the O-train, making transit to other areas of the city a breeze.
What you'll love
If you don't feel like strolling the busy streets, Centertown West's proximity to the Ottawa River or green spaces is perfect for a bike ride or a walk. Dow’s Lake is just a short walk away where year-round outdoor activities take place.
