Pre-Construction Condos For Sale in Old Ottawa South
About Old Ottawa South's Pre-Construction Condos For Sale
Welcome to Old Ottawa South, a neighbourhood in the city of Ottawa with 1 Pre-Construction buildings with condos for sale.
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.
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.
The Glebe and Old Ottawa East are nearby neighbourhoods with Pre-Construction condo buildings. Old Ottawa South is a Walker's Paradise with a walk score of 91. This neighbourhood is a Biker's Paradise with a bike score of 99. Good Transit is available in Old Ottawa South.
Old Ottawa South Condos For Sale
The quieter condo neighbourhood of Old Ottawa South in Ottawa has awesome buildings to choose from with a total of 2 condo buildings. These include 2 Low-Rise & 1 Pre-Construction. Old Ottawa South offers some of Ottawa's most sought after condos for sale! Condos for sale in Old Ottawa South spend an average of 34 days on market. There were 2 condos sold in Old Ottawa South in 2020. Old Ottawa South saw an increase in the number of condos sold by 100% compared to the year before. Last year condos for sale in in Old Ottawa South had an average sale price of $351,750, an increase of 13 % from the year before. Old Ottawa South is a Walker's Paradise with a walk score of 91. This neighbourhood is a Biker's Paradise with a bike score of 99. Good Transit is available in Old Ottawa South. The Glebe and Heron Park are nearby neighbourhoods.
Malak Pastry is a great bakery in Old Ottawa South. Coffee shop lovers will appreciate local cafe's like Pomelo Hat, Stella Luna Gelato Cafe, and Oat Couture Oatmeal Cafe. Do you enjoy being in the kitchen? Pick up groceries at Cedars & Co. Food Market. Locals recommend eating at Stella Luna Gelato Cafe, Belmont and Ten Fish in Old Ottawa South - they have great food! There is a surprising amount of green space with Brewer Park Community Garden, Brewer Park, and Windsor Park in Old Ottawa South. Shoppers Drug Mart is a conveniently located pharmacy in Old Ottawa South. There are always new exhibits and events happening at Kevin Dodds Gallery and Studio. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Awaken Ottawa is a super popular fitness center with locals. Animal enthusiasts, good news Lansdowne Animal Hospital is in Old Ottawa South. The school in Old Ottawa South is Hopewell Avenue Public School.
What to Expect
Old Ottawa South is an older neighbourhood in Capital Ward in Ottawa. Although a relatively small and compact neighbourhood, it's located between the Rideau Canal and the Rideau River. The eastern boundary is Avenue Rd and Bronson Ave forms a border on the western side of the residential neighbourhood. Bank Street runs as a traditional main street spine through the centre of the community, offering a variety of retail options: from cafés, pubs, restaurants, as well as fine take-out. And it's all within walking distance for locals, with good parking for visitors.
Demographics
Old Ottawa South has a mix of older residents and young families mostly in the middle class. They enjoy the quality of the schools and recreational options in the area. A substantial university/college student and professors also make up a good part of the population. It is also one of the more politically progressive neighbourhoods in Ottawa.
Lifestyle
Old Ottawa South is a vibrant urban community in the centre of the nation’s capital. Residents here are dedicated to the principles of walkability and environmental sustainability. Close proximity to the university has meant that the district has been a haven for students and professors. A great selection of schools, bars, restaurants, cafes, book stores, grocery stores are all in walking distance.
What you'll love
Old Ottawa South is such a great place to live. Clean and safe parks, skating rinks, local indoor pool and water parks provide great fun for children and pets. Easy access to the downtown core, schools and public transit to get you anywhere in the city keeps things convenient. Old Ottawa South is also noted as a well-connected community and a strong sense neighbourhood.
