Pre-Construction Condos For Sale in Westboro
About Westboro's Pre-Construction Condos For Sale
A great neighbourhood in Ottawa, you will find 3 Pre-Construction condo buildings within Westboro with condos for sale. The average sale price for Pre-Construction condo units in Westboro in 2020 was $2,700,000 with an average of 94 days on the market. There were 1 Pre-Construction condo units sold in Westboro last year.
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.
Westboro's most active Pre-Construction condo building last year was Westboro Lofts with 1 units sold.
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 Island Park and Hintonburg nearby which have Pre-Construction condo buildings. Westboro is Very Walkable with a walk score of 88. This neighbourhood is a Biker's Paradise with a bike score of 99. Good Transit is available in Westboro.
Westboro Condos For Sale
Welcome to Westboro, a neighbourhood in the city of Ottawa with 23 condo buildings.Condo development in this neighbourhood has been thriving with 12 Mid-Rise, 6 High-Rise, 4 Luxury, 3 Pre-Construction, 5 Low-Rise and 2 Loft. Condos for sale in Westboro offer something for everyone. The average days on market for condos for sale in Westboro is 59 days. There were 124 condos sold in Westboro in 2020. Westboro saw an increase in the number of condos sold by 12% compared to the year before. Condos for sale in Westboro had an average sale price of $$505,279 last year, an increase of 11% from the prior year. This neighbourhood is Very Walkable with a walk score of 88. Good Transit is available in Westboro. This neighbourhood is a Biker's Paradise with a bike score of 99. Westboro Beach and Island Park are nearby neighbourhoods.
Westboro has many popular bakeries including Strawberry Blonde bakery, Chez Francois - Plaisirs de Provence, and Strawberry Blonde Bakery, Westboro. Coffee shop lovers will appreciate local cafe's like Juice Dudez, Wild Child Coffee Project, and Baker Street Cafe. Locals of Westboro love dining at Baker Street Cafe, Pure Kitchen Westboro and Gezellig. There is a surprising amount of green space with Byron Linear Park, Maplelawn Garden, and Westboro Kiwanis Park in Westboro. Hybrid Pharm is a conveniently located pharmacy in Westboro. There are always new exhibits and events happening at Wall Space Gallery + Framing and Art Direction. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not Kazam Gymnastics is a super popular fitness center with locals. Animal enthusiasts, good news Hybrid Pharm is in Westboro. Local schools of Westboro include Nepean, Woodroffe Avenue Public School and Broadview Public School.
What to Expect
The neighbourhood of Westboro is west of downtown Ottawa. Westboro is one of the most sought after neighbourhoods in Ottawa and features many different property types. From character filled single family homes, condominiums, and brand new infills – this neighbourhood has something for everyone. It is a great place to take a walk or bike ride along the Ottawa River. The neighbourhood is served by two main OC Transpo stations: Westboro and Dominion, as well as Route 2, which provides frequent local service along Richmond Rd.
Demographics
The demographic of this neighbourhood is very varied with lots of young families and older residents in the large homes and younger individuals occupying the newly built condos.
Lifestyle
Yoga studios, vegetarian and trendy cuisines, walking-friendly streets, thrift shops, vinyl record shops and more. The Westboro neighborhood is a thriving urban center in Ottawa. Many delicious restaurants operate here providing something for everyone's taste. In addition to all this, this neighbourhood has one of the only swimmable beaches near the downtown core, Westboro beach. It is a perfect place to relax during the day and watch the sunset during summer nights.
What you'll love
Westboro is near the downtown core, just a 10-minute drive or bus ride on the transit way away. For the outdoorsy types, the neighbourhood has a concentration of outdoor and sport stores including Mountain Equipment Co-op, Lululemon Athletica, Bushtukah, The Expedition Shoppe and Trailhead. It is also close to cycling trails and whitewater rapids in the Ottawa River.
