High-Rise Condos For Sale in Lower Town

About Lower Town's High-Rise Condos For Sale

This is Lower Town, a neighbourhood in the city of Ottawa with 4 High-Rise buildings with condos for sale. The average sale price for High-Rise condo units in Lower Town in 2020 was $2,375 with an average of 34 days on the market. There were 17 High-Rise condo units sold in Lower Town last year. The High-Rise condo building with the highest Dork Rating in Lower Town is East Market Phase 1 with a rating of 100 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.

Lower Town's most active High-Rise condo building last year was East Market Phase 3 with 9 units sold. The High-Rise condo building in Lower Town with the highest average price per sqft last year was East Market Phase 1 at $3 per sqft.

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.

You can find the neighbourhoods of Byward Market and Downtown Ottawa nearby which have High-Rise condo buildings. This neighbourhood is Very Walkable with a walk score of 81. Excellent Transit is available in Lower Town. This neighbourhood is a Biker's Paradise with a bike score of 95.

Lower Town Condos For Sale

Located in Ottawa, Lower Town is home to some of the city's trendiest condos. This neighbourhood has attracted all kinds of developments, 13 condo buildings to be exact, to its exciting streets. There is a perfect fusion of modern high-rise condos and hip lofts, there are 4 High-Rise, 6 Low-Rise, 2 Loft, 2 Luxury, and 3 Mid-Rise in Lower Town. With so many buildings to choose from in Ottawa, there are naturally lots of condos for sale in Lower Town. Condos for sale in Lower Town are on the market for an average of 55 days. There were 56 condos sold in Lower Town in 2020. Lower Town saw an decrease in the number of condos sold by -16% compared to the year before. Last year condos for sale in Lower Town had an average sale price of $$470,129, an increase of 25% from the year before. This neighbourhood is Very Walkable with a walk score of 81. Excellent Transit is available in Lower Town. This neighbourhood is a Biker's Paradise with a bike score of 95. The neighbourhoods Byward Market and New Edinburgh are nearby.

Grab some fresh goodies at nearby bakery, Portuguese Bakery. A fresh cup of java or tea is never hard to find with I Deal Coffee in the hood. Do you enjoy being in the kitchen? Pick up groceries at Lauzon Groceries & Homemade Food. Lower Town offers a lifestyle full of green space for outdoor lovers, parks include Lowertown Community Garden, Beausoleil Community Garden, and Major's Hill Park. You can find the pharmacy Bruyere Pharmacy in Lower Town. Lower Town is lucky to be home to a hospital, Hopital Elisabeth Bruyere Hospital. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Urban Ocean SUP- Stand Up Paddle Ottawa is a super popular fitness center with locals. Get your hot dogs and popcorn at Tennis Court and where you can watch Ottawa's sports teams play. If you enjoy reading you will be happy Global Affairs Canada - Jules Leger Library is in Lower Town. De La Salle and Ecole elementaire catholique Sainte-Anne are nearby schools for children living in Lower Town.

What to Expect

Lower Town is a neighbourhood in Rideau-Vanier Ward in the heart of Ottawa.  On the east side of downtown. It is the oldest part of the city. Bounded by Rideau Street to the south, Ottawa River to the north, and the Rideau River to the east and the Rideau Canal to the west. Included in this district is the commercial Byward Market area in the south-western section, and is mostly residential in the north and east.

Demographics

Lowertown has a diverse population that makes it one of the city's most interesting neighbourhoods. Its main stretch along Rideau Street is very bustling and includes many African, Asian, South Asian, Caribbean, and Lebanese businesses. As well as a large grocery store, the Rideau Branch of the Ottawa Public Library, and an Orthodox Jewish synagogue. Lower town is also home to young professionals and families who seek to be near their work and the attractions of the Byward Market and Parliament Hill.

Lifestyle

Prior to the shopping malls and suburbanization of today, Rideau Street west of King Edward was the primary shopping area of Ottawa. To the north, the Byward Market area continues to thrive to this day. Today, King Edward Avenue is a main road running north-south through the neighbourhood. It is connected on its north to the MacDonald Cartier Bridge, a main connection with Gatineau, Quebec. Residents living here experience an urban lifestyle with public transportation and tons of commercial development. They have seen condo growth recently which is making the area a very sought-after community.

What you'll love

Lower Town is bordered by the Rideau Canal and the Rideau River. Near Sandy Hill, New Edinburgh and Lindenlea communities, the residential area is mostly found in Lower Town’s North Eastern section. Lower Town will not disappoint you with its wide selection of international restaurants that can be found on Murray Street.