Pre-Construction Condos For Sale in The Glebe
About The Glebe's Pre-Construction Condos For Sale
A great neighbourhood in Ottawa, you will find 2 Pre-Construction condo buildings within The Glebe 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 Old Ottawa South and Little Italy nearby which have Pre-Construction condo buildings. This neighbourhood is Very Bikeable with a bike score of 73. Good Transit is available in The Glebe. The Glebe is Very Walkable with a walk score of 88.
The Glebe Condos For Sale
The great condo neighbourhood of The Glebe in Ottawa has many awesome buildings to choose from with a total of 14 condo buildings. There is a perfect fusion of modern high-rise condos and hip lofts, there are 3 High-Rise, 2 Luxury, 2 Pre-Construction, 9 Low-Rise, 3 Loft and 1 Mid-Rise in The Glebe. There are great options of condos for sale in The Glebe to call home. Condos for sale in The Glebe spend an average of 57 days on market. There were 32 condos sold in The Glebe in 2020. The Glebe saw an decrease in the number of condos sold by -18% compared to the year before. Condos for sale in The Glebe had an average sale price of $$594,181 last year, an increase of 2% from the prior year. The Glebe is Very Walkable with a walk score of 88. This neighbourhood is Very Bikeable with a bike score of 73. Good Transit is available in The Glebe. Old Ottawa South and Little Italy are nearby neighbourhoods.
The Glebe has many popular bakeries including Wild Oat Bakery, Cafe & Farm and Kettleman's Bagel Co.. There are some great cafes in The Glebe such as WIT Cafe and Little Victories Coffee Roasters. Groceries are close-at-hand with supermarket Whole Foods Market in The Glebe. Locals of The Glebe love dining at JOEY Lansdowne and Pints & Quarts. There is a surprising amount of green space with Exploration Garden in The Glebe. You can find the pharmacy Whole Health Compounding Pharmacy Glebe in The Glebe. Pet Valu Glebe is a shopping center in The Glebe that has something for everyone. There are always new exhibits and events happening at STUDIO SIXTY SIX. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Institute for Connectivity and Humanity is a super popular fitness center with locals. Take your pets to Pet Valu. Glebe is a nearby schools for children living in The Glebe. There are many students in this neighbourhood as Augustine College is located within it.
What to Expect
The Glebe is located to the south of Ottawa's downtown area. Its northern border is demarcated by the Queensway highway. The Glebe is one of the oldest residential neighbourhoods in Ottawa, and is therefore home to some of Ottawa’s most unique architecture. Don’t let age fool you, as The Glebe has been immaculately up kept, as has the real estate market in the area.
Demographics
The Glebe is mostly populated by families. The area has many children, and consequently its social services are oriented towards youth. There is a great sense of community and it is a safe neighbourhood.
The Glebe is next door to Carleton University, making the commute easy for student living. This residential area is in close proximity to downtown Ottawa making it the perfect getaway from the hustle and bustle of the city. The Glebe is 5 minutes from Ottawa’s bus station, 10 minutes from the VIA Rail train station, and 10 minutes from the Ottawa International Airport.
Lifestyle
The Glebe is known as being one of Ottawa’s most sustainable neighbourhoods, with many eco-friendly residents. Many green initiatives make this neighbourhood one which values sustainability. The Glebe’s greenery surrounds one of Ottawa’s oldest and most distinctive streets, Bank Street. Most condominium buildings border the Bank Street strip, close to all the action.
Bank Street is unlike any other street in Ottawa, featuring an eclectic mix of distinctive boutiques and restaurants. The strip features restaurants from all cultures, including some of the best vegetarian spots in Ottawa. Bakeries, pubs, and even a cheese bar are among many of the eateries in the area. There is a selection of chain grocery stores, along with a fresh produce market and specialized food shops. The area features many amenities such as a 24-hour drug store, but also will surprise you with many unusual one-of-a-kind shops. Ottawa’s legendary Mayfair theatre, an independent cinema on Bank Street, features many films unable to be seen in chain movie theatres.
What you'll love
The Glebe is home to Lansdowne Park which contains TD Place Stadium, where Ottawa’s Canadian Football League (CFL) football team (the Ottawa Redblacks) and the University of Ottawa Gee-Gees play their home games. Ottawa’s OHL hockey team, the Ottawa 67’s and Ottawa’s professional soccer team, the Ottawa Fury, also play at Lansdowne Park. Lansdowne Park is home to an abundance of restaurants including Local, Joey, Craft Beer Market, Milestones and Jack Astor’s. There are also a variety of stores and services in Lansdowne Park including Winners, Sporting Life and a Cineplex Movie Theatre. In addition, the Glebe hosts a very popular individual garage sales that combine to make one giant neighbourhood sale every May named the Great Glebe Garage sale.
