Pre-Construction Condos For Sale in Riverside South
About Riverside South's Pre-Construction Condos For Sale
This is Riverside South, a neighbourhood in the city of Ottawa with 1 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.
Ottawa and Central Park are nearby neighbourhoods with Pre-Construction condo buildings. Riverside South is Car-Dependent with a walk score of 1. This neighbourhood is Somewhat Bikeable with a bike score of 36. Minimal Transit is available in Riverside South.
Riverside South Condos For Sale
Known as one of Ottawa's more secluded areas, Riverside South, has a total of 3 condo buildings. These include 3 Low-Rise & 1 Pre-Construction. With a smaller number of buildings to choose from in Riverside South, there are less condos for sale in Riverside South. This neighbourhood is Somewhat Bikeable with a bike score of 36. Minimal Transit is available in Riverside South. Riverside South is Car-Dependent with a walk score of 1. The neighbourhoods Havenlea and Longfields are nearby.
Foodies won't be disappointed by the presence of Rest-Con Svc. Do you love to be outside? Murphy Park is a great park in Riverside South. The school in Riverside South is Ecole elementaire catholique Bernard-Grandmaitre.
What to Expect
Riverside South is a suburban community in the south end of Ottawa. The neighbourhood was once part of the city of Gloucester before its amalgamation in 2001. The first homes in Riverside South were built in 1996, since then the neighbourhood has been growing consistently. Currently Riverside South is located around River Rd and Earl Armstrong Rd, however there are plans in place that will have Riverside South become a much larger community. According to the Riverside South Community Association, the boundaries will eventually be Leitrim Rd to the north, the Rideau River to the west, a line half-way between Earl Armstrong Rd and Rideau Rd to the south and Bowesville Rd to the east.
Demographics
The community mainly consists of a mix of younger and older families. Most adult residents have college or university degrees and work in various occupations. Riverside South is a diverse community and is a great choice for families with children at home. The area contains several public and Catholic schools which include; Steve MacLean Public School, St. Jerome Catholic Elementary School, St. Francis Xavier Catholic High School, École Secondaire Catholique Franco-Cité, École élémentaire Publique Gabrielle-Roy and École Secondaire Publique Omer-Deslauriers.
Lifestyle
Residents of Riverside South love to take advantage of their easy access to numerous parks and bike paths in the neighbourhood. They have seven separate parks to choose from, with each offering varying recreational activities such as, skating rinks, baseball diamonds, splash pads, play structures, and more. Residents and their fur-babies even have access to a small fenced in dog park located on Earl Armstrong.
What you'll love
Residents have complete access to numerous schools, a community center, countless parks, and three shopping plazas that offer over 50 stores and services. If you’re looking for the most ideal spot to raise a family, look no further than Riverside South. The Riverside South Community Association (RSCA) ensures that all residents are informed on all resources and amenities nearby. The association also keeps residents up to date on the community development and construction plans.
