***Top 10 Most Expensive Ottawa Condo Buildings in Centretown in 2018 – based on average sold price – approved buildings minimum sales volume 2 units per year 2014-2018

Here are the Top 10 most expensive buildings in Centretown.

10. Tribeca East | 40 Nepean St

Tribeca East – 40 Nepean St had an average sold price of $402,180 in 2018.

9. Central Phase 1 | 349 McLeod St

Central Phase 1 – 349 McLeod St had an average sold price of $419,000 in 2018.

8. Studio Argyle | 255 Argyle Ave

Studio Argyle – 255 Argyle Ave had an average sold price of $422,000 in 2018.

7. Tribeca – 179 Metcalfe St

Tribeca – 179 Metcalfe St had an average sold price of $435,228 in 2018.

6. Hudson Park Phase 1 | 235 Kent St

Hudson Park Phase 1 – 235 Kent St had an average sold price of $436,791 in 2018.

5. Ann Manor |  71 Somerset St W

Ann Manor – 71 Somerset St W had an average sold price of $464,571 in 2018.

4. Hudson Park Phase 2 | 245 Kent St

Hudson Park Phase 2 – 245 Kent St had an average sold price of $467,722 in 2018.

3. The Driveway | 20 The Driveway

The Driveway – 20 The Driveway had an average sold price of $511,200 in 2018.

2.Opus | 320 McLeod St

Opus – 320 McLeod St had an average sold price of $628,642 in 2018.

1. The Merit | 108 Lisgar St

The Merit – 108 Lisgar St had an average sold price of $995,000 in 2018.

*Data provided by DigiRealty Technologies data team.

***Top 10 Most Expensive Ottawa Condo Buildings in Centretown in 2018 – based on average sold price – approved buildings minimum sales volume 2 units per year 2014-2018

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Lebreton Ottawa is a three-phase project by Claridge Homes. The developments include LeBreton Flats Phase 1, LeBreton Flats Phase 2 and Fusion Lebreton Flats and they are all located in LeBreton Flats.

LeBreton Flats Phase 1

LeBreton Flats Phase 1 is located at 200 Lett Street. Click here to view units available for purchase. The 13 storey building was built in 2008 and contains 122 condo units. The amenities include a common patio, elevator, fitness centre, storage locker, underground parking, party room, pool and security. If you are looking for more information on LeBreton Flats Phase 1, click here.

LeBreton Flats Phase 2

LeBreton Flats Phase 2 is located at 250 Lett Street. Click here to view units available for purchase. The 13 storey building was built in 2010 and contains 166 condo units. The amenities include a common patio, elevator, fitness centre, storage locker, underground parking, party room, pool and security. If you are looking for more information on LeBreton Flats Phase 2, click here.

Fusion LeBreton

Fusion LeBreton is located at 300 Lett Street. Click here to view units available for purchase. The 8 storey building was built in 2014 and contains 144 condo units. The amenities include a common patio, elevator, fitness centre, storage locker, underground parking, party room, pool and security. If you are looking for more information on Fusion LeBreton, click here.

 

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Moon Ottawa Exterior Rendering

Moon Ottawa is a development currently in pre construction at 340 Queen St in Centretown. This Claridge Homes development will be a 26 storey high-rise building and have 254 units. It will be located above the new LRT Lyon Station.

Click here to view units available for purchase.

The amenities will include a board room, common patio, elevator, fitness centre, guest suites, outdoor barbecues, party room, pool and roof top terrace.

If you are looking for more information on Moon Ottawa, click here

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Westboro Lofts

Westboro Lofts Ottawa is a development currently in pre construction at 1946 Scott St in Westboro. The development is by Surface Developments and is expected to be completed in 2020. The building will have a total of 48 units.

Click here to view units available for purchase.

The amenities include a common patio and rooftop terrace.

If you are looking for more information on Westboro Lofts Ottawa, click here

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***Ottawa Condo Buildings lowest average days on market in 2018 – buildings had a minimum of 4 sales in 2018 – approved buildings minimum sales volume 2 units per year 2014-2018

On our quest to providing Ottawa Condo enthusiasts with interesting hard to uncover data, we decided to explore which buildings in Ottawa have the shortest average days on market in 2018. The range of average days on market range from 13 days to 146 days on market.

25 Days on Market – 7th Place Overall

Westboro Station 1 – 401 Golden Ave & Forward Place – 50 Burnside Ave

Units at Westboro Station 1 and Forward Place are on the market for an average of 25 days.

24 Days on Market – 6th Place Overall

Ambleside 3 – 1100 Ambleside Drive

Units at Ambleside 3 are on the market for an average of 24 days.

23 Days on Market – 5th place overall

111 West Condo – 360 Patricia

Units at 111 West Condo are on the market for an average of 23 days.

22 Days on Market – 4th place overall

Piccadilly Condo – 1422 Wellington St W, Central Phase 2 – 360 McLeod & Hideaway Phase 3 – 340 McLeod St

Units at Piccadilly Condo, Central Phase 2 and Hideaway Phase 3 are on the market for an average of 22 days.

20 Days on Market – 3rd place overall

Barclay Condo – 370 Dominion Ave

Units at Barclay Condo are on the market for an average of 20 days.

19 Days on Market – 2nd Place overall

Westboro Station 2 – 575 Byron Ave

Units at Westboro Station 2 are on the market for an average of 19 days.

13 Days on Market – the winnner

Metropole – 38 Metropole Private

Units at Metropole are on the market for an average of 13 days.

 

 

FUN FACT: 90 George Condo took the prize for being the longest days on market with an average 146 days on market before selling.

 

 

 

Based on the above information, what buildings do you think will have the lowest average days on market in 2019?

*Data provided by DigiRealty Technologies data team.

***Ottawa Condo Buildings lowest average days on market in 2018 – buildings had a minimum of 4 sales in 2018 – approved buildings minimum sales volume 2 units per year 2014-2018

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Tribeca Ottawa is a three-phase project by Claridge Homes. The developments include Lofts at Tribeca, Tribeca East and Tribeca Ottawa and they are all located in Centretown.

Tribeca Ottawa

Lofts at Tribeca is located 197 Lisgar Street in the heart of Centretown. Click here to view units available for purchase. The 2 story building has 20 units. The amenities include a common patio, elevator, fitness centre, storage locker, underground parking, bicycle storage, board room, concierge, guest suites, party room, pool, security and visitors parking. If you are looking for more information on Lofts at Tribeca, click here.

Tribeca Ottawa

Tribeca Condo is located at 179 Metcalfe Street. This development was completed in 2013. Click here to view units available for purchase. The amenities include a common patio, elevator, fitness centre, storage locker, underground parking, bicycle storage, board room, concierge, guest suites, party room, pool, outdoor barbecues, roof top terrace, security and visitors parking. If you are looking for more information on Lofts at Tribeca, click here.

Tribeca Ottawa

Tribeca East located at 40 Nepean Street. This development was completed in 2015. Click here to view units available for purchase. The amenities include a common patio, elevator, fitness centre, storage locker, underground parking, bicycle storage, board room, concierge, guest suites, party room, pool, security and visitors parking. If you are looking for more information on Lofts at Tribeca, click here.

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St.Charles Condo Ottawa

St.Charles Market Ottawa is a development currently under construction at 135 Barrette Street in Lindenlea. The development is by MoxBox Developments and is expected to be completed in the end of 2019. The building will have a total of 38 units.

Click here to view units available for purchase.

St.Charles Condo Ottawa 2

The amenities include a common patio, elevator, fitness centre, sauna, storage locker, underground parking and yoga studio.

If you are looking for more information on St.Charles Market Ottawa, click here.

St.Charles Condo Ottawa

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***Y/Y average sale price growth – condo property type – minimum sales volume per neighbourhood 10 units – approved buildings minimum sales volume 2 units per year 2014-2018

Granular, in beat data is hard to come by these days. Lazy data typically takes the forefront in news articles and water cooler conversations around most cities. Some of this lazy data can cause missed opportunities, or misguided purchases.

We are challenging ourselves and our readers to question marco level value correlations and dive deeper into sales and corresponding data in and effort to find true insights and conversation worthy intel.

On our journey to this end, we decided to take on Condos in Ottawa – Break down macro city “all property types” level correlations into neighbourhood and “specific property type” level correlations, and apply a year over year of sale price growth analysis.

The output data we intended to bring forward in this article are *Top performing condo neighbourhoods in Ottawa – based on year over year average sale pricing growth. In order for a neighbourhood to qualify there must have been a minimum of 10 units sold in both of the past 2 years and each qualified building must have had a minimum of 2 units sell in the past 4 years.

Top Performing Ottawa Neighbourhoods 2018

10.  Woodroffe North

Woodroffe North had a growth rate of 7.74% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

9.  Vanier

Vanier had a growth rate of 8.49% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

8.  Lincoln Heights

Lincoln Heights had a growth rate of 9.15% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

 

7.  Carleton Heights

Carleton Heights had a growth rate of 9.72% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

 

6. Orleans Central

Orleans Central had a growth rate of 10.28% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

 

5. Overbrooke

Overbrooke had a growth rate of 11.85% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

 

4. Copeland Park

Copeland Park had a growth rate of 12.70% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

 

3. Stewart Farms

Stewart Farms had a growth rate of 15.37% between 2017 & 2018.

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

 

2.Centretown

Centretown had a growth rate of 15.39% between 2017 & 2018.

 

 

 

 

 

 

Top Performing Ottawa Neighbourhoods 2018

1. Riverview

Riverview had the top growth rate of 22.08% between 2017 & 2018.

 

 

 

 

 

Based on the above information, what neighbourhoods do you think will have the largest growth rate from 2018 to 2019?

*Data provided by DigiRealty Technologies data team.

***Y/Y average sale price growth – condo property type – minimum sales volume per neighbourhood 10 units – approved buildings minimum sales volume 2 units per year 2014-2018

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SoBa Ottawa

SoBa Ottawa is a located at 203 Catherine Street in Centretown and is currently in interim occupancy. The development is by Lamb Development Corp and Fortress Real Developments.

Click to view what units are available for purchase.

SoBa Ottawa

The amenities include a common patio, concierge, elevator, party room, pool, security, storage locker and underground parking.

If you are looking for more information on SoBa Ottawa, click here.

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Mondrian Ottawa

Mondrian Ottawa is a located at 324 Laurier Avenue in Centretown. The development was completed in approximately 2009 by Urban Capital. The building has 23 stories.

Mondrian Ottawa

Click to view what units are available for purchase.

The amenities include bicycle storage, common patio, concierge, elevator, fitness centre, party room, pool, security, storage locker and underground parking.

Mondrian OttawaMondrian Ottawa

If you are looking for more information on Mondrian Ottawa, click here.

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