Pre-Construction Condos For Sale in Tunney's Pasture
About Tunney's Pasture's Pre-Construction Condos For Sale
This is Tunney's Pasture, 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.
Mechanicsville and Hintonburg are nearby neighbourhoods with Pre-Construction condo buildings. This neighbourhood is a Biker's Paradise with a bike score of 90. Excellent Transit is available in Tunney's Pasture. Tunney's Pasture is Car-Dependent with a walk score of 29.
Tunney's Pasture Condos For Sale
Welcome to Tunney's Pasture, a neighbourhood in the city of Ottawa with 3 condo buildings. These are comprised of 2 High-Rise, 1 Pre-Construction and 1 Mid-Rise. There are great options of condos for sale in Tunney's Pasture to call home. Condos for sale in Tunney's Pasture are on the market for an average of 44 days. Tunney's Pasture had 1 condos sold within it in 2020, an decrease of -83% compared to the year before. Condos for sale in Tunney's Pasture had an average sale price of $370,000 last year, an increase of 18% from the prior year. This neighbourhood is a Biker's Paradise with a bike score of 90. Excellent Transit is available in Tunney's Pasture. Tunney's Pasture is Car-Dependent with a walk score of 29. Mechanicsville and Hintonburg are nearby neighbourhoods.
Locals of Tunney's Pasture love dining at Bistro NCC and Lorne Murphy Foods Ltd. Do you love to be outside? There are great parks in Tunney's Pasture such as Remic Rapids Park and Ottawa River South Shore Riverfront Park. The school in Tunney's Pasture is Garderie Tunney's Daycare.
What to Expect
Tunney's Pasture is bordered by Scott Street to the south, Parkdale Avenue to the east, the Sir John A. Macdonald Parkway to the north, and Northwestern Avenue to the west.
Demographics
This neighbourhood is primarily developed for federal government buildings.
Lifestyle
Tunney's Pasture is near Hintonburg and Westboro between Parkdale Avenue and Island Park Drive. This district has tree lined streets, red brick facades, verandas of the original working class homes. There are newer condominium developments, attracted by the upscale food and shopping district, taking influence from nearby Chinatown and Westboro.
What you'll love
Carlingwood and Westgate shopping centres are in close proximity to the Tunney's area. The community has lots of green space and is renowned for beautiful sunsets overlooking the Ottawa River. Easy access to the Sir John A. Macdonald Parkway.
