OTTAWA CONDOS

On July 18th, 2016 there were 362 Active Downtown Ottawa Condos for sale, in districts that include: Lower Town, Centre Town and Sandy Hill on the Multiple Listings Services, (MLS®). Ranging in list price of $188,000 and $2,500,000.

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Ottawa Condos For Sale!

downtown ottawa condos for sale

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Here you’ll learn more about the rich history of Ottawa’s downtown core, and how it has evolved into a thriving Mecca of Ottawa business, tourism, culture and a chic residential scene! Add to this downtown Ottawa’s green space, river-views, night-life, annual festivals, fairs, the Rideau Canal, Winterlude, and landmarks such as Parliament Hill and the National War Memorial, Ottawa’s downtown core is not only an exciting place to be a tourist, but a fascinating place to call home. Condos in Ottawa for sale!

 

Downtown Ottawa is bordered by the Ottawa River to the north, the Rideau Canal to the east, Somerset Street to the south and Bronson Avenue to the west. Though the district spans only 1.25 square kilometers, it remains exactly what it was in the beginning: the heart of the city.

 

 

DOWNTOWN OTTAWA, A LOOK BACK

To understand the history of Ottawa’s downtown district is really to understand the history of the city of itself, since it was from the downtown core that Ottawa first sprouted. Ottawa’s downtown was one of the main hubs of Canada’s booming timber-industry in the years following the War of 1812, and this and the downtown construction of the Rideau canal truly put Ottawa on the map.

 

In the next decades that followed the War of 1812, it was Ottawa’s abundant Irish working class along with the many French Canadian settlers from Quebec who built the Rideau Canal with their very own hands. The lumber scene and canal construction fueled the city, which was named Canada’s capital in 1857. Ottawa would continue to flourish and eventually expanded beyond the downtown core.

 

The construction of the canal was led by Colonel John By, whose leadership and vision draw what Ottawa’s downtown district would become. It it appropriate therefore that the name Bytown is used as a traditional name for Ottawa – named for its forefather, and for an era that shaped the city into what we know it as today.

 

DOWNTOWN OTTAWA, TODAY

 

Today, Ottawa’s downtown district has something to offer every home-buyer. It is as scenic as it is commercial – the modern architecture perfectly complimenting the historical landmarks and river views.

 

Ottawa’s downtown core has grown to a population of over 3700 residents living in nearly 2900 private dwellings. This number continues to rise with each new exciting Ottawa condo development in downtown Ottawa.

 

Both Centretown and the Byward Market join together to offer a blend of the commercial and cultural scenes – both offering thriving nightlife, culture and dining for every price-range. When looking for a night out, a great meal or a fun day, residents and tourists cannot resist the likes of: the high-class dining experience of the Empire Grill, Hy's, the Merlot rotating restaurant, Al’s Steak House, the Mezzanotte-bistro, Restaurant 18, Milestones; the fun atmosphere of the Lone Star, Big daddy's Crab Shack, Fat Tuesdays, Hard Rock Café, the Blue Cactus; the famous brunch at the Manx; the wine-list at Vineyards; the live comedy experience of Yuk-Yuk’s; the live music experience of Zaphod’s Beeblebrox, Barrymore’s, and the Irish Village; and the classic movie experience of the ByTowne Cinema.

 

THE CONDO SCENE OF DOWNTOWN OTTAWA

Ever since a revived construction boom began in the late nineties, Ottawa’s downtown condo-scene is alive and thriving, with Ottawa’s top developers making their mark on the district. An interested buyer can enjoy the choice between the likes of, among others, Claridge, Routeburn, Domicile, Charlesfort, Urban Capital, Canril & L.A. Group. You can choose between tall lavish Ottawa condos that cut the downtown skyline, or equally chic Ottawa condos that provide luxury lower to the ground. You can decide between the bustling commercial and residential neighbourhoods of Centretown, or you can peruse the condos of the Byward market in order to be in walking distance of the marketplace and the nightlife!

 

 

 

MLS Statistics for Condos Sold Downtown Ottawa for 2013. Districts that include: Lower Town, Centre Town and Sandy Hill

Units Sold in 2013: 349

Low: $175,000

Average: $349,194

High: $775,000

 

* A decrease of approximately 8.6% over 2012.

 


MLS Statistics for Condos Sold Downtown Ottawa for 2012. Districts that include: Lower Town, Centre Town and Sandy Hill

Units Sold in 2012: 427

Low: $187,500

Average: $379,452

High: $2,200,000

 

* An increase of approximately 3.6% over 2011.

 

 

 MLS Statistics for Condos Sold Downtown Ottawa for 2011. Districts that include: Lower Town, Centre Town and Sandy Hill

Units Sold in 2011: 435

Low: $200,000

Average: $366,045

High: $2,190,000

 

* An increase of approximately 4.6% over 2010.

 

MLS Statistics for Condos Sold Downtown Ottawa for 2010. Districts that include: Lower Town, Centre Town and Sandy Hill

Units Sold in 2010: 407

Low: $172,000

Average: $349,990

High: $969,000

 

* An increase of approximately 6.3% over 2009. 

 

MLS Statistics for Condos Sold Downtown Ottawa for 2009. Districts that include: Lower Town, Centre Town and Sandy Hill

Units Sold in 2009: 367

Low: $162,500

Average: $328,962

High: $1,100,000

 * An increase of approximately 7.8% over 2008.

 

 

 

MLS Statistics for Condos Sold Downtown Ottawa for 2008. Districts that include: Lower Town, Centre Town and Sandy Hill

 Units Sold in 2008: 365

 Low: $166,000

Average: $304,975

High: $1,100,000

 

 

 

So if you are in the market for a Condo in Ottawa, let Bytownhomes.ca be the source for all your Ottawa Condo Real Estate needs!

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