Pre-Construction Condos For Sale in Alta Vista
About Alta Vista's Pre-Construction Condos For Sale
This is Alta Vista, 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.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Old Ottawa South and Old Ottawa East are nearby. This neighbourhood is Car-Dependent with a walk score of 26. Some Transit is available in Alta Vista. This neighbourhood is Very Bikeable with a bike score of 75.
Alta Vista Condos For Sale
Located in Ottawa, Alta Vista is home to 4 cool condo buildings. These are made up of 3 High-Rise, 1 Pre-Construction and 1 Low-Rise. Alta Vista is home to some of Ottawa's coolest condos for sale! Condos for sale in Alta Vista spend an average of 62 days on market. There were 15 condos sold in Alta Vista in 2020. Alta Vista saw an decrease in the number of condos sold by -40% compared to the year before. Condos for sale in Alta Vista had an average sale price of $307,453 last year, an increase of 35% from the prior year. This neighbourhood is Very Bikeable with a bike score of 75. Some Transit is available in Alta Vista. Alta Vista is Car-Dependent with a walk score of 26. You can find the neighbourhoods of Playfair Park and Urbandale Acres nearby.
D'Cake is a great bakery in Alta Vista. A fresh cup of java or tea is never hard to find with Green Bean Cafe and Smoothie Bar in the hood. Groceries are close-at-hand with supermarkets Cedars & Co. Food Market and Cedar's in Alta Vista. Locals recommend eating at O'Brien's Corner, Layal Shawarma & Bakery and Coven restaurant in Alta Vista - they have great food! Alta Vista offers a lifestyle full of green space for outdoor lovers, parks include Kilborn Allotment Garden and Grasshopper Hill Park. Pharmasave Cyril Pharmacy is a conveniently located pharmacy in Alta Vista. Local schools of Alta Vista include St. Gemma Elementary School, Canterbury and Hillcrest.
What to Expect
The Alta Vista neighbourhood is bordered by Smyth Road in the north, St Laurent in the east, Walkley Road and Heron Road in the south and Bank St and Riverside Drive in the west.
Demographics
Alta Vista is a family oriented community. It was designed in the 1960's as Ottawa's premier family neighbourhood. Alta Vista has a lot of detached homes with brick and stone exteriors. Most homes have a garage, large backyard, 3+ bedrooms, 2+ bathrooms and large lots. There are three hospitals in Alta Vista, making it a popular neighbourhood for doctors and hospital staff to reside in.
Lifestyle
Residents have access to many beautiful parks and green space. Alta Vista is also home to several churches, schools and community centers.
What you'll love
Alta Vista is centrally located with easy access to downtown Ottawa. There are 3 hospitals in the area, The Ottawa General Hospital, Riverside Hospital and the Children’s Hospital of Eastern Ontario (CHEO). There are also 2 conveniently located shopping malls nearby, Billings Bridge Shopping Center and the Elmvale Shopping Center.
