Luxury Condos For Sale in Lower Town
About Lower Town's Luxury Condos For Sale
Welcome to Lower Town, a neighbourhood in the city of Ottawa with 2 Luxury buildings with condos for sale. Luxury condos for sale in Lower Town spend an average of 16 days on market with an average sale price of $3,912 in 2020. 2 Luxury condo units were sold in Lower Town last year. The Sussex had the highest Dork Rating, 114, for a Luxury condo building in Lower Town 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 Lower Town in 2020 was The Sussex with 1 units sold. The Sussex had the highest average price per sqft in 2020 for Luxury condo buildings in Lower Town with an average price per sqft of $2.
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.
If you're looking for more Luxury condo buildings in this area, the neighbourhoods Byward Market and New Edinburgh are nearby. This neighbourhood is a Biker's Paradise with a bike score of 95. Excellent Transit is available in Lower Town. Lower Town is Very Walkable with a walk score of 81.
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.
