Pre-Construction Condos For Sale in Lebreton
About Lebreton's Pre-Construction Condos For Sale
Welcome to Lebreton, a neighbourhood in the city of Ottawa with 2 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.
You can find the neighbourhoods of Centretown West and Downtown Ottawa nearby which have Pre-Construction condo buildings. This neighbourhood is Very Walkable with a walk score of 74. Excellent Transit is available in Lebreton. This neighbourhood is a Biker's Paradise with a bike score of 98.
Lebreton Condos For Sale
A great neighbourhood in Ottawa, you will find 5 condo buildings within Lebreton with condos for sale and rent. Lebreton is a perfect fusion of modern and hip condos, there are 4 High-Rise, 2 Pre-Construction and 1 Low-Rise. There are limitless selections of condos for sale in Lebreton to call home. Condos for sale in Lebreton spend an average of 51 days on market. Lebreton had 24 condos sold within it in 2020, an increase of 118% compared to the year before. Condos for sale in Lebreton had an average sale price of $$508,372 last year, an increase of 16% from the prior year. This neighbourhood is Very Walkable with a walk score of 74. Excellent Transit is available in Lebreton. This neighbourhood is a Biker's Paradise with a bike score of 98. The neighbourhoods Centretown West and Downtown Ottawa are nearby.
A fresh cup of java or tea is never hard to find with The Le Mess in the hood. Foodies won't be disappointed by the presence of Mill St. Brew Pub. Do you love to be outside? There are great parks in Lebreton such as Walk of Flags Canada, Canadian Firefighters Memorial, and National Holocaust Monument. KIKROS STORE is a shopping center in Lebreton that has something for everyone. Lebreton has a very accesible train station Pimisi.
What to Expect
Lebreton Flats is one of the neighbourhoods in Ottawa whose metamorphosis excites many. Since the early 2000s, there has been a redevelopment plan in place that has transformed the area. Around 2013, this plan was accelerated and the result is a rapidly developing micro-community with luxury apartments and amenities only a few blocks away. Lebreton Flats can only be described with one word: sleek. There is a practical, modern feel to the neighbourhood. The area is not cluttered by shops or leisure spots; this is rather used for parks and open spaces. Yet, there are countless attractions within walking distance that makes the ingenious planning of this place easy to appreciate. Its location along the transit way will almost make the mundane act of catching the bus a real joy. Additionally, the flats are a short walk to the Bayview train station, which gives residents even more transportation options. On a sunny day, you may even be tempted to make the half hour walk into the downtown area and forgo the bus entirely.
Demographics
Lebreton Flats attracts many middle class families and young professionals. The area has almost twice the average number of common law/ married families living there than in the city of Ottawa. It is a very young community as well, with most residents being between the ages of twenty and forty years. Unlike nearby Chinatown, it does not have as many student inhabitants. This is because of its relative quietness and the comparatively high cost of rental properties here.
Lifestyle
Lebreton Flats has a fairly slow-paced and laid back atmosphere. Its quiet, open spaces and the privacy it offers residents is a large contrast from many downtown neighbourhoods. Individuals and families looking to move here are likely to enjoy being close to the action of downtown Ottawa but also appreciate being able to get away from the crowd and escape to its relative isolation. Above all, the Lebreton resident admires modernity and the exceptional design that has made the area so popular amongst urban planners.
What you'll love
Lebreton Flats is linked to Chinatown, one of the most popular neighbourhoods in the city, by a few quaint paths. Residents can experience the beauty of this diverse place and still escape to the relative peacefulness of Lebreton at the end of the day. It is also a short walk away from Gatineau which is the closest Quebecois city to Ottawa and another place famous for its neighbourhood attractions. Music lovers will love the fact that the flats host the legendary Ottawa Bluesfest festival once a year every summer. It also hosts the Ottawa International Children’s Festival, which, in addition to the Canadian War Museum, is a great attraction for families.
