High-Rise Condos For Sale in Centretown

About Centretown's High-Rise Condos For Sale

Welcome to Centretown, a neighbourhood in the city of Ottawa with 21 High-Rise buildings with condos for sale. High-Rise condos for sale in Centretown spend an average of 40 days on market with an average sale price of $16,913 in 2020. 104 High-Rise condo units were sold in Centretown last year. The Merit had the highest Dork Rating, 3, for a High-Rise condo building in Centretown 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 Centretown in 2020 was Tribeca with 19 units sold. Metropolitan Phase 2 had the highest average price per sqft in 2020 for High-Rise condo buildings in Centretown with an average price per sqft of $509.

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.

If you're looking for more High-Rise condo buildings in this area, the neighbourhoods Golden Triangle and Downtown Ottawa are nearby. This neighbourhood is a Walker's Paradise with a walk score of 93. Excellent Transit is available in Centretown. This neighbourhood is a Biker's Paradise with a bike score of 99.

Centretown Condos For Sale

The great condo neighbourhood of Centretown in Ottawa has many awesome buildings to choose from with a total of 44 condo buildings. There is a perfect fusion of modern high-rise condos and hip lofts, there are 11 Low-Rise, 3 Loft, 21 High-Rise, 11 Mid-Rise, 3 Luxury and 4 Pre-Construction in Centretown. Many condos for sale in Centretown feature excellent amenities perfectly located in Ottawa. Condos for sale in Centretown spend an average of 52 days on market. There were 248 condos sold in Centretown in 2020. Centretown saw an increase in the number of condos sold by 4% compared to the year before. Condos for sale in Centretown had an average sale price of $$448,842 last year, an increase of 12% from the prior year. This neighbourhood is a Walker's Paradise with a walk score of 93. Excellent Transit is available in Centretown. This neighbourhood is a Biker's Paradise with a bike score of 99. The neighbourhoods Golden Triangle and Downtown Ottawa are nearby.

True Loaf Bread Company, Brownloaf Bakery, and Three Tarts are great bakeries in Centretown. There are some great cafes in Centretown such as Arlington Five, Tamis Cafe & Restaurant, and Pure Kitchen Elgin. Groceries are close-at-hand with supermarket Thana Markets in Centretown. Locals recommend eating at Town and Colonnade Pizza in Centretown - they have great food! There is a surprising amount of green space with McNabb Park in Centretown. Centretown White Cross Better Living and SWIFT COMPOUNDING PHARMACY are a short walk away as well. Centretown has many local events taking place with Wallack Galleries, Ottawa Museum Network and Artists' Centre D'Artistes Ottawa Inc. (Gallery 101) catering to the arts scene. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Integrate - Healthcare Collective is a super popular fitness center with locals. Animal enthusiasts, good news Healthy Pets HQ is in Centretown. Elgin Street Public School is a nearby schools for children living in Centretown. There are many students in this neighbourhood as Laurentian Leadership Centre of Trinity Western University is located within it.

What to Expect

Centretown spans a fairly large area in Somerset West of Ottawa. It is also considered one of the oldest neighbourhoods in the city, having housed French and Irish immigrants when they first arrived in Canada centuries ago. One of the biggest draws to Centretown is the presence of Lisgar Collegiate Institute. As one of the highest regarded public schools in the country, parents moving to this area should be understandably gleeful at the idea that their children may become students of an institution which is ranked nationwide in nearly every field. With the Glebe, Elgin street and Chinatown only a few blocks away, you will rarely feel the boredom and isolation that may come with living in a more suburban neighbourhood. It is also ideal for government workers, as several government offices are located in or around this area. Centretown is the main business and financial district in Ottawa housing many large office buildings. 

Demographics

Centretown has an incredibly diverse demographic. The area has always been popular amongst newcomers due to the pockets of non-Canadian culture concentrated in the neighbourhoods. There are several families living here, some of whom have lived on the same street for decades. Many newcomers to Centretown are also young professionals, some of whom, as previously mentioned, have moved to the area due to its proximity to government offices. A fair amount of residents are also students. This is due to its proximity to the University of Ottawa as well as the bus routes which lead to Carleton University. However, the area’s popularity also means its crime rate is higher than the city average. Despite this, Centretown is known as a warm and welcoming place where its storied heritage has resulted in an admirable sense of community.

Lifestyle

Centretown is popular because it allows residents to feel at home regardless of whether they prefer a fast-paced or a slower lifestyle. Want to spend your evenings socializing? Elgin Street and Bank Street's pubs and restaurants will ensure you will have a variety of places to meet and connect with people. Are you more of a solitary explorer? The plethora of small streets and shops means you can take several long walks without encountering the noise from nearby parties and bars. Families are not left out either, as nearby museums such as the Museum of Nature and the Bytown Museum means all ages will have lots to do.

What you'll love

Elgin Street’s lively pub culture is a source of envy from many ‘Ottawaians’ who live too far from Centretown to experience it. There is also the famous Sparks Street. This small pedestrian street in the heart of downtown Ottawa has been known to host several food and music festivals. Even on quiet days, you are bound to find a number of interesting shops and outdoor stalls at the pedestrian mall which sets up year round. And of course, you can’t forget Centretown’s rich history which is told through an array of plaques and sculptures found all around the area. All of this, buttressed by the presence of residents representing many cultures and multiple bus routes to transport you around the community makes Centre town a place that will grow on you rather quickly.