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High-Rise Condos For Sale in Byward Market

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Byward Market

About Byward Market's High-Rise Condos For Sale

This is Byward Market, a neighbourhood in the city of Ottawa with 10 High-Rise buildings with condos for sale. There were 62 High-Rise condo units sold in Byward Market in 2020 when the average sale price for High-Rise condos in Byward Market was $44,571. In 2020 High-Rise condo units for sale in Byward Market had an average of 47 days on market. York Plaza had the highest Dork Rating, 33, for a High-Rise condo building in Byward Market in 2020.

A symbol of modern living, the High-Rise building has actually been used throughout history. There is evidence that High-Rise buildings were present 2000 years ago in ancient Rome, though made of mud and sticks and not particularly safe. They were also seen in circular structures in China 700 years ago. Some buildings used 500 years ago in Yemen can still be seen today. At the turn of the last century, High-Rise buildings began to solidify their place in urban centres, as you can see with the development of High-Rise condos for sale in Ottawa. Especially in the downtown core. The industrial revolution created the need to bring more workers closer to work and elevators and concrete made them functional. Public housing then pushed the volume of High-Rise condos for sale in and around cities all over the globe. The original reinforced concrete and steel buildings of the mid-century are slowly being replaced by glass condo towers in city centres and megacities. Units are shrinking but public and shared use spaces are increasing by way of amenities like community meeting space, party rooms, fitness centres and even theatres. This, along with the more thoughtful use of the areas that surround these buildings is meant to create livable communities. These living communities will have access to daily needs and services and connected to the larger communities that surround them. Today's best High-Rise condos for sale offer choices for unit style and design, extra amenities to increase community involvement, green space that is cared for by maintenance fees and ground-floor businesses. High-Rise life is best enjoyed in walkable communities with plenty of business and services that connect to the larger city.

The most active High-Rise condo building in Byward Market in 2020 was Claridge Plaza Phase 2 with 20 units sold. Clarence Court had the highest average price per sqft in 2020 for High-Rise condo buildings in Byward Market with an average price per sqft of $504.

High-Rise condos for sale today can be designed as soft lofts, have multiple floors and have the opportunity for a luxury of options when purchased in the development or preconstruction phase. Building to building, units have a huge range for layout, upgrades, amenities, ceiling heights and storage space. A buyer or renter will need to know what's on their priority list or they risk being overwhelmed by the choices. One commonality will probably be floor to ceiling windows. Growing in popularity is also an open plan for the main living area, something easily found in high-rises today. Anything over eight stories, or a height that firefighters would have difficulty reaching, qualifies as High-Rise. New High-Rise condos for sale in some cities will follow neighbourhood design and sightlines, with some areas upholding height guidelines. Other cities are in a race for the sky and 50 floors wouldn't be out of the ordinary. This is especially true for the glass towers that have so much more flexibility. The record holders and breakers are pushing high rise living ever further with 100+ floor residential towers. Some aiming to push past a full kilometre into the sky.

Lower Town and Downtown Ottawa are nearby neighbourhoods with High-Rise condo buildings. Byward Market is a Walker's Paradise with a walk score of 94. This neighbourhood is a Biker's Paradise with a bike score of 95. Excellent Transit is available in Byward Market.

Byward Market Condos For Sale

A great neighbourhood in Ottawa, you will find 18 condo buildings within Byward Market with condos for sale and rent. Condo development in this neighbourhood has been booming with 10 High-Rise, 5 Luxury, 2 Mid-Rise, 1 Pre-Construction, 4 Loft and 6 Low-Rise in Byward Market. There are countless choices of condos for sale in Byward Market to call home. Condos for sale in Byward Market spend an average of 55 days on market. Byward Market had 100 condos sold within it in 2020, an decrease of -17% compared to the year before. Last year condos for sale in Byward Market had an average sale price of $$506,358, an increase of 20% from the year before. This neighbourhood is a Walker's Paradise with a walk score of 94. Excellent Transit is available in Byward Market. This neighbourhood is a Biker's Paradise with a bike score of 95. Lower Town and Downtown Ottawa are nearby neighbourhoods.

Byward Market has many popular bakeries including Bell Pastry & Delicatessen and teastore. If you are looking for coffee Piccolo Grande Gelateria and Oz Kafe, ByWard Market offer great options in Byward Market. Groceries are close-at-hand with supermarket La Bottega in Byward Market. Locals recommend eating at Chez Lucien, ByWard Market and The Keg Steakhouse + Bar - Ottawa Market in Byward Market - they have great food! There is a surprising amount of green space with fontaine du millenaire de la rue york, Ogilvy Square, and Raphael Brunet Park in Byward Market. You can find pharmacies Pharmacie Brisson and Shoppers Drug Mart within walking distance. There is great shopping at CF Rideau Centre. If you are looking to visit a museum or art gallery Galerie D'art Jean-Claude-Bergeron can be found in Byward Market. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Yoga Travels is a super popular fitness center with locals. Animal enthusiasts, good news Cricket & Company is in Byward Market. Schools in Byward Market include Ferline Regis Singing Lesson, BarWorksOne and Telfer School of Management. There are many students in this neighbourhood as Ecojustice Environmental Law Clinic at the University of Ottawa is located within it. Byward Market has a very accesible train station Rideau.

What to Expect

The Byward Market is one of the oldest areas in the city of Ottawa. Surrounded by old and new landmarks, it is seen as the heart of the city’s downtown. As one of the most active parts of the city, most events either take place in the tiny six block radius starting from Rideau Street or revolve around it in some way. It is bordered by Cumberland St to the East, Sussex Dr and Mackenzie Ave on the West side. 

The Byward Market contains a vast majority of Ottawa’s nightlife and entertainment. It’s the perfect place to grab a drink during happy hour or celebrate a night out with friends at any, or many, of the bars, clubs, and pubs. During the spring, summer, and fall the Market is flooded with many stands selling fresh produce, prepared food selections, clothing, flowers, and much more. Many boutiques allow for a diverse shopping selection. At the south end of the ByWard Market lies the Rideau Centre. This enclosed mall is home to more than 180 of Ottawa’s best stores and services.

Commuting to various points is fairly easy in this neighbourhood. With the Mackenzie King Station right around the corner, residents will have no trouble hopping on buses to far off areas like Stittsville and Kanata. Its location also means a cab or an uber will never be far off. With the exception of the crowded Rideau Street, the Byward Market has been referred to as a walker’s and cyclist’s paradise. A homebody seeking to move into the area will be relieved to know that it has a fair amount of grocery stores that are not too far away. Even better, the Byward Market boasts of several specialty stores, which means you can finally make that complicated Italian dish that you couldn’t find the ingredients for. There are also several parks as well as a few libraries and a handful of elementary and secondary schools within walking distance. The Market’s central location puts it 5 minutes from Ottawa’s bus station, 5 minutes from the VIA Rail train station, and 15 minutes from the Ottawa International airport. 

Demographics

The Byward Market has a fairly young demographic mixing University/College students, young professionals and retirees seeking to be close to the main attractions of the city. About 40% of residents are between the ages of 20-39 and only 35% of people living In this neighbourhood are married. There is a large student population mostly because of the proximity of the University of Ottawa. In addition to this, the area is home to many of Ottawa’s homeless shelters. Being the core of the city it makes it a convenient location for vagrants to reside.

Lifestyle

This area is great for people with an active, social lifestyle. With a relatively fast paced lifestyle the Byward Market seeks to impress with high class restaurants, art galleries, craft breweries, plus much more. Unfortunately, it means lovers of domesticity may feel a bit isolated. It is also a great place to meet creative, quirky characters such as street musicians, students, and urban dwellers.  

What you'll love

The environment and ambiance is what makes the Byward Market what it is. It really thrives in the warmer months with the open-air market being one of the city’s top destinations. Flowers line the streets and the smell of food fills the air. Parliament Hill is also just on the outskirts of the Byward Market, making visiting a breeze for residents of this neighbourhood.

Most of the Byward Market’s residents name the restaurants and bars as one of the area’s best attractions. A handful of art galleries and well curated independent clothing stores can all be found within walking distance. As if all these are not enough, there are a number of small, quirky stores where you can find everything from handmade cards to roller skates. And of course, all of these sights and experiences are connected by well designed pedestrian and bike paths that will make you never want to drive again.