Pre-Construction Condos For Sale in Sandy Hill
About Sandy Hill's Pre-Construction Condos For Sale
Welcome to Sandy Hill, 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.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Byward Market and Old Ottawa East are nearby. This neighbourhood is a Biker's Paradise with a bike score of 94. Excellent Transit is available in Sandy Hill. Sandy Hill is Very Walkable with a walk score of 74.
Sandy Hill Condos For Sale
Seen as one of Ottawa's condo hot spots, Sandy Hill, has a total of 19 condo buildings. Sandy Hill is a perfect fusion of modern and hip condos, there are 10 High-Rise, 1 Pre-Construction, 7 Low-Rise and 2 Mid-Rise. The condos for sale in Sandy Hill include outstanding amenities. Condos for sale in Sandy Hill spend an average of 60 days on market. Sandy Hill had 70 condos sold within it in 2020, an decrease of -17% compared to the year before. Condos for sale in Sandy Hill had an average sale price of $$451,785 last year, an increase of 20% from the prior year. This neighbourhood is Very Walkable with a walk score of 74. Excellent Transit is available in Sandy Hill. This neighbourhood is a Biker's Paradise with a bike score of 94. Golden Triangle and Byward Market are nearby neighbourhoods.
Boulangerie Premiere Moisson is a great bakery in Sandy Hill. There are some great cafes in Sandy Hill such as 3Cents? Pan-Bread & Coffee Shop, Cadena Spanish Cafe, and Happy Goat Coffee Co. (Sandy Hill). Do you enjoy being in the kitchen? Pick up groceries at Quickie. Foodies won't be disappointed by the presence of excellent local restaurants Signatures Restaurant and Govinda's Vegetarian Buffet. Do you love to be outside? There are great parks in Sandy Hill such as Sir Wilfred Laurier Park and Strathcona Park. I.D.A. - Rideau Pharmacy is a conveniently located pharmacy in Sandy Hill. There are always new exhibits and events happening at Worldview Studio and Gallery of Fine Art. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Iskcon Ottawa, International Society for Krishna Consciousness is a super popular fitness center with locals. Schools in Sandy Hill include Ecole elementaire publique Francojeunesse and Viscount Alexander Public School. There are many students in this neighbourhood as University of Ottawa is located within it. Sandy Hill has a very accesible train station uOttawa.
What to Expect
Sandy Hill dates back to the 1870s. Prior to Rockcliffe Park, Sandy Hill was the wealthiest and most prestigious neighbourhood in the Ottawa area up until the early 20th century. Sandy Hill is often divided into four areas. North Sandy Hill consists of the area north of Laurier Avenue. This part is much older and many of its buildings date back to the nineteenth century. The area is subject to the influences of more recent developments of Rideau Street. South of Laurier is South Sandy Hill. The far south of the neighbourhood below Mann Avenue is known as Strathcona Heights.
Demographics
It is a diverse neighbourhood of young and old, rich and poor. Very wealthy people live near the embassies of the Rideau River, but closer to the university, there are more students, senior citizens, and new immigrants with more diversified income levels. A mixture of different nationalities is increased all the embassies around.
Lifestyle
Sandy Hill is fast paced in the student neighbourhoods but calm and quaint in the family areas. Head to all the local restaurants and cafes for great meals. Lots of amenities walking distance however, easy access to public transit anytime.
What you'll love
Sandy Hill's proximity to the large shopping areas, Byward Market and the Rideau Centre. On it's eastern edge lies Strathcona Park. Located just moments away from Ottawa’s most popular attractions. Visit museums, head to parliament hill or take a walk by the Rideau Canal. You’ll be sure to enjoy your free time in the neighbourhood.
