Luxury Condos For Sale in Byward Market

About Byward Market's Luxury Condos For Sale

A great neighbourhood in Ottawa, you will find 5 Luxury condo buildings within Byward Market with condos for sale. The average sale price for Luxury condo units in Byward Market in 2020 was $44,828 with an average of 65 days on the market. There were 13 Luxury condo units sold in Byward Market last year. The Luxury condo building with the highest Dork Rating in Byward Market is ArtHaus with a rating of 38 in 2020.

A Luxury living experience in an urban setting is a highly sought after commodity. Luxury is a word that is frequently used in real estate. It's a relative term and what may be a Luxury for one, may not be for another. The qualities that might be included in the definition of a Luxury condo for sale will be determined by the renter or buyer. In a modern market, buildings are in high competition to offer the client as many high-quality amenities as possible to set themselves apart. These luxuries should be present across a spectrum of criteria. They should include location, square footage, layout, design, finishes and services. Depending on the location and age of the building there may also be other features on offer. Features such as theatres, pools, saunas, full-size fitness centres and rooftop terraces. It would be fair to expect to find Luxury condos for sale that offer more square footage in urban centres. These units are located on the upper floors of the buildings and have high-end appliances and finishes. The more detailed definitions of those items will vary by city but should remain current and updated even in historic buildings. Windows, countertops, hardware and flooring should all be high quality and in excellent repair. Access to modern, technical necessities should also be seamless. The building itself should also be in an excellent location, offer spectacular views and cultural or architectural cache. The unit does not have to necessarily be housed in a high rise building. Although, Luxury in a lower rise building may be harder to find depending on the country. Hard lofts may be included in this category depending on the level to which they are executed and maintained.

The most active Luxury condo building in Byward Market in 2020 was ArtHaus with 7 units sold. Clarence Lofts had the highest average price per sqft in 2020 for Luxury condo buildings in Byward Market with an average price per sqft of $333.

Ease of living is a component that must also be given consideration. Residents are expecting to live maintenance and hassle-free. The presence of privacy and security will also factor in the Luxury of the building. Twenty-four-hour services should include concierge and security. A doorman may also be present although that may only cover daytime and evening hours. One sure way to find a building intended to offer top of the line features is the hotel unit. Whether purchased or rented, these units will come with all of the features the hotel has on offer. There will often be onsite restaurants and cafes. There may be dedicated elevator service, where hotel guests are restricted from accessing the floors on which residents are present, adding privacy. Fewer, larger units on residential floors will contribute to privacy as well. There will be daily cleaning available, all maintenance will be covered and with quick turnover. Gyms, spas and other beauty services will be at the other end of the phone. Most of these amenities, other than perhaps room service should be present in a Luxury building even if it isn't a hotel. Depending on the height of the building, garden or terrace units will add incentive to those who require private outdoor space. In a hotel, these may only be possible in units with rooftop access, or those designed with step-backs on the upper floors.

You can find the neighbourhoods of Lower Town and Downtown Ottawa nearby which have Luxury 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.