Brad Lamb

SoBa - Public Sales Event Announced

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For those who didn't take advantage of the sales before it went public, Lamb Developments has announced a date, with no other specifics (pricing). September 12th at 6:30 pm - and you must be registered. 

Keep in mind - We have access to sell this product NOW before it is released to the general public and before prices are increased. If you are interested, fill out the form below to recieve pricing and to take advantage of the investor promotion (two-year rent guarantee, two-year free property management, etc. ), or to be registered for the event.

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SoBa Condos - Sales and Construction Update

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SoBa Condos, located just north of the 417 on Catherine street has officially finished pouring the top floor (23rd). Lamb Development is expecting an occupancy of 2018, starting on the lowest floors. The building is 75-80% sold and they are currently "in-talks" with selling the last two penthouse units.

SOBA - Construction Update - January 30th 2018

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Things are progressing quite nicely at SoBa. Construction is currently pouring the 23rd floor (seven more to go), with windows starting to be installed on the 2nd etc. There are reports of construction crews working over the weekends in order to catch up with the delays (weather, mainly low temperatures). 

For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE

For more information or to chat with Matt Richling about pre-construction condos in downtown Ottawa, fill out the form at the bottom of the page.

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SOBA - Construction Update February 2017

Things are moving ahead on the SoBa project which is located on Catherine street. Digging has now stopped and things are moving upwards! 

For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.
 

SOBA - Construction Underway!

**For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

After a very quiet spring and summer, construction has officially started on Catherine street for SoBa condos. Being built by Brad Lamb of Lamb Developments (Toronto), this is the second building in Ottawa by the "King of Condos", first being Gotham located on Lyon.

We have been told that the construction crew is currently digging the Slurry Wall, which should last about 100 days for a project of this size. Then the main excavation is able to begin. A building permit was issued on August 27th 2015 to Doran Construction for a partial permit for excavation and shoring and part foundation only. Construction is expected to take two years and be completed in 2017.

Here is the construction site as of this morning - a screen shot from the live youtube camera of "Jimmy Joners" - Click here to view.

Soba Ottawa Construction Progress Condos

Interested in learning more about SoBa condos or downtown condos? I would love to chat - fill out the form below or email me matt@mattrichling.com

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SOBA Condos - Construction Update

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Checked out the progress of the Lamb Development project, SoBA. This is how it sat since they pulled an old tank out of the ground (click for video) on April 1st. No word yet on what exactly they found or how it will impact timing and no word from Lamb on when they expect construction to officially start.

Located at 203 Catherine st. in Centretown, the 23 storey, 240 unit building was set for completion late 2016. Fill out the form below if you are looking for more information on units currently available.

**For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Soba ottawa Condos Catherine

The Bronson - Likely 70% an Apartment Building says Lamb

As quoted in last weeks Ottawa Business Journal, Brad Lamb has confirmed that "there is about a 70 per cent chance that his company, Lamb Development Corp., will either market the 19-storey, mixed-used tower as an apartment complex itself or sell it to another institutional investor, which will then reap the long-term rewards of rental income."

The article speaks about the increasing rental market across Canada - "Toronto, which has more than 20 apartment projects under way, but many housing analysts say it’s only a matter of time before things pick up here [in Ottawa]." Citing reasons such as low interest rates that make construction cheaper, a current condo market, rising rents and higher home prices, along with a lack of high quality (condo-like) rentals.

What does this mean for single investors who purchase pre-construction units to rent out?
 

Gotham Occupancy Granted

As of yesterday, Gotham Ottawa has officially granted access for the units on floors 2-14, with floors 15 and 16 delayed another week. Gotham has seen a number of occupancy delays leading up to this point. Majority of the building now has occupancy and has keys in hand. The lobby and parking are still being finished, however the concierge/security is at the lobby 24/7.

Glasshouse condo Ottawa Gotham

We are starting to see more units in the building come up for sale and for rent. Including this Glasshouse unit on the 5th floor.

For more information about Gotham or other Brad Lamb Condominiums here in Ottawa, CLICK HERE to contact Matt Richling.

The Bronson - Cancelled? Sold? Rentals?!

Bronson Condos Ottawa Rental
Bronson Ottawa Condo

In a recent Globe and Mail article it was mentioned that Lamb Development has sold the "$90-million condo project... to an investor". The article implies that Brad Lamb sold the building to an investor who is turning the project into a rental building. Bronson is/was located at 196 Bronson Ave.

Digging further, Fortress Real Developments has announced that the development team submitted a revised development application for Bronson back in October for review by the city. "The 21 storey, 212 unit apartment project is currently being contemplated as a rental as opposed to a condominium." as per their website.

Stay tuned!

View the Globe and Mail article HERE. Excerpt "Even Toronto’s “condo king” Brad Lamb has turned to the rental market, recently selling a $90-million condo project called the Bronson in Ottawa to an investor. When Mr. Lamb unveiled the project in 2013, Ottawa’s condo market was booming, but it has cooled off amid a glut of new construction. “By the time we had closed on the project the market had shifted significantly,” said Ben Myers of Fortress Real Developments, which was financing the project. “A lot of projects came in on a few years and it was just too much.” - 

Gotham - Occupancy Delay

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Owners of Gotham (224 Lyon) received notification from Lamb Development this morning of another delay in firm occupancy. Owners on the lower floors were expecting the occupancy as of March 24th, but notified today that it is pushed back till April 1st (some higher floors are reporting similar delays). 

As is in the notice "Due to some unexpected and additional items identified as required for occupancy by various City Inspectors on Thursday of this week (that will take 5-10 days for the site to complete,) we are giving you a revised firm occupancy date of 1 April 2015."

Lamb Development faced two large and unfortunate set backs during construction by outside trades that have held up completion of the building. They stand by the product, with Brad Lamb saying that "Gotham will be Ottawa's finest residence."

Questions about Gotham condos in Ottawa? 

Gotham Showcases Modern Industrial In Four Models - Ottawa Citizen

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The Ottawa Citizen looks at the four models that are opening to the public tomorrow March 14th, inside the Gotham Condos. Of the 240 units in the building, only 40 suites remain, with pricing starting at $262,900 up to $451,900. Built by Lamb Development, the building is starting occupancy March 24th, 2015. Questions about Gotham? I would love to help.


Gotham Showcases Modern Industrual In Four Models
Patrick Langston - Ottawa Citizen
March 13, 2015 

Condo buyers anxious for a taste of life at Lamb Development’s much-anticipated Gotham — a name that evokes robust images of both New York City and Batman — can do so Saturday when four model suites open to the public.

The models, ranging from 497 to 922 square feet, feature strong industrial accents such as exposed concrete as well as generous glazing and contemporary decor.

The 17-storey building of glass, steel and black brick towers over a mostly low-rise neighbourhood at the corner of Gloucester and Lyon streets.

The project has sold well since it launched four years ago: only 40 of its 240 units remain available, and the builder may keep some of those unsold condos as rentals. Penthouses and “glasshouses” (spectacular, glass-enclosed units) have all sold.

Construction was slowed by this winter’s extreme cold, but company president Brad Lamb says buyers are expected to take occupancy by March 24.

The remaining units will be sold four at a time, and there will always be a quartet of model suites for viewing. Lamb calls the approach a “patient” way of selling. Keeping your customers a little hungry is also a smart way of selling.

Available suites at the time of writing range from $262,900 to $451,900.

The model suites embody the company’s fondness for contemporary, industrial-tinged design, according to Lamb.

“We want to be edgier in all our units: we use exposed concrete; nine-foot ceilings, sometimes higher; modern, clean finishes. We don’t want anything historically oriented; it’s always to the future.”

Lamb says the models target Ottawa’s main condo market: young singles, young couples, the occasional 50-plus pair without children. 

“Our goal is to deliver in every market the best units in the middle-class range.”

The project will include seven condo townhomes with private patios and 20-foot-plus ceilings in the living/dining rooms. Five of the seven homes have sold.

The models

Loft 08/09: The one-bedroom, 497-square-foot unit may be the smallest of the four models but, like all the condos at Gotham, the shotgun-style layout captures some of the great outdoors thanks to the wall of glass in the living/dining/kitchen area. The expanse of glazing includes a patio door leading to the standard-issue balcony with its gas barbecue hookup.

The kitchen features stainless-steel appliances including a gas stove, and the sleek, white Euro-style cabinetry matches the quartz countertop. The finishes in the models are all standard features, says Lamb.

The bath and bedroom, the latter with three walls only and simply decorated to reduce clutter, sit between the entry and the main living area.

An exposed concrete wall runs the length of the model, which is priced at $262,900.

Loft 10: With both a den and a bedroom, this unit maxes out its modest 648 square feet.

The den, just off the entry, sets the contemporary tone with its exposed concrete wall, black-and-white photo of a manual typewriter, and a metal-and-glass floor lamp.

A round wooden table set with white candles and surrounded by wood and-blue fabric chairs lends warmth to the living area with its one concrete wall and ceiling that are Lamb standards.

The bedroom’s sliding, frosted-glass door would provide privacy if you had a guest sleeping on a pull-out couch in the adjacent living room.

This unit is $317,900.

Loft 11/12: Another bedroom-plus-den unit, but at 751 square feet, this one has extras such as a four-piece bath with access from both the bedroom and den.

The kitchen, which is just off the foyer, has an elegant feel thanks to the blend of charcoal grey cabinetry and white countertops.

“I think we build the most beautiful washrooms and kitchens in any market,” says Lamb. “They’re like art.”

The suite, which sells for $357,900, features dark wood flooring and striking furniture, like a metal and timber credenza.

Loft 07: At 922 square feet, this unit has room for a den, a bedroom large enough for a compact tub chair in one corner, a four-piece ensuite with an undermount sink, and, just off the foyer, a powder room.

Contemporary reigns in the living area with metal basket dining chairs, a gleaming white laminate credenza, and low-slung steel and fabric easy chairs.

The kitchen sports a large island with a double, undermount sink and contemporary fixtures. The backsplash is light grey subway tile.

The unit costs $451,900.

In the area

It’s a short walk to everything from Bank Street’s restaurants and stores to parks like the one overlooking the National Library of Canada. For those with a green thumb, there are a couple of nearby community gardens, including one at Nanny Goat Hill at Laurier and Bronson.

Gotham

What: 240 condo units in a 17-storey downtown tower. Also an adjacent seven-unit townhome condo development.

Builder: Lamb Development Corporation

Prices: Apartments that will be available as of Saturday start at $262,900. Condo fees: 42 cents a square foot. Parking, $35,900.

Sales centre: 224 Lyon St.

Hours: Monday to Wednesday, noon to 6 p.m.; Thursday, 3 to 8 p.m.; weekends, noon to 5 p.m. Closed Fridays. (Model viewings by appointment only.)

Information: 613-257-8887gothamottawa.com

Gotham - Building Update

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Gotham Ottawa Condo Exterior 224 Lyon

Lots of activity on site (224 Lyon st) getting ready for the first occupancy date of March 24. Today the appliances for the 9-13th floors being delivered, and the exterior construction elevator was being taken down. While there is still some exterior brickwork to be finished, some of the on-site crew has said that the majority of the units are mostly completed and ready to go, only a few exterior and common areas that still need last bit of work.

Any questions, I would love to chat! Click here to talk.

SoBa Condos - Model Suite Furniture Sale - This Saturday

SoBa Furniture Sale Ottawa Condos

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

In preparation for the start of construction, Lamb Development Corp. is selling off the furniture in the model suite at SoBa (203 Catherine St). The sale will take place this Saturday from 12noon till 4pm. They are offering up to 65% off retail price for furniture, kitchen cabinetry, fixtures, appliances, as well as the bathroom fixtures and lighting. Brands include UpCountry, italinteriors, klaus, Teknion, Visitor Parking, Home Atelier, and plan b. Note: Cash only, and all sales are final.

This sale will allow the construction crew to move the sales centre on March 1st, so that construction can begin.

SoBa - Free Condo Fees

**For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

SoBa Ottawa announced today that they are offering free condo frees for two years to any new purchases. A promotion like this usually comes as a reduction of unit price or a cash back on closing.

Looking to find out more about SoBa Ottawa or purchase a new condo in Ottawa? I would love to help. Contact me by filling out the form below.

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SoBa Condos - Construction Delayed

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**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Just got word that the construction for SoBa Condos will be delayed until spring 2015. Originally SoBa was scheduled to have the sales centre removed and the digging start earlier this year, however it was pushed back till late summer. Multiple reasons for the delay, but mainly Lamb Corp. is waiting on the permits from the city before they can begin. Keep in mind for those who have purchased, the last day they can deliver the condos (as per the Tarion agreements) is November 29th 2017.

If you are interested in purchasing a unit at SoBa, they are currently offering discounts on the latest pricing (prices went up before sales centre was to close) ranging from $9,000 to $41,000 off depending on the unit. For a full price list, click on the button below.

Gotham Ottawa - Building Update September 15th

Gotham Ottawa, is a 17 storey, 251 unit building, located at Lyon St. and Gloucester St. It is a project of Lamb Development and Fortress Real Developments that is set for completion later this year.

"Loft 13" which is still available for $233,900.

Sales Update

Currently 87-90% sold, there is more supply of the Jr. one bedroom and one bedroom range. While if you are looking for something larger, only a few two bedroom plus dens still available. All two bedrooms, three bedrooms, and "Glass House" units are sold out. Keep in mind prices for the smaller units have recently been increased and the larger units have had prices lower slightly. These price changes range from $10,000 to $12,000 depending on the unit and size. Prices range from $233,900 for the 426sqft one bed "loft 13", up to $619,900 for the 1,300sqft two bed plus den "Loft 316".

Construction Update

The building has been topped off, and most of the exterior glass windows and doors have now been installed. Interior work on the lower floors is underway with PDI's (pre-delivery inspections) being scheduled in October and occupancy beginning in November. 

Photo from " urbform" on flickr , showing building construction topped off, and glass windows mostly finished.

Photo from "urbform" on flickr, showing building construction topped off, and glass windows mostly finished.

Are you looking for more information on Gotham Ottawa? Or looking to purchase a new condo unit? I would love to help!



Written by Matt Richling.

Matt is a licensed salesperson at RE/MAX Metro City Realty in Ottawa, Canada. Matt loves helping sellers and buyers find the perfect home that fits their lifestyle. 

SoBa Condos - Building Update

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**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

SoBa Condos in Ottawa - Building Update September 15th, 2014

SoBa Ottawa, is a 23 storey, 240 unit, condominium building that will be located at 203 Catherine street, between st. Bank and O'Connor st. It is a project of Lamb Development Corp. and Fortress Real Developments, and is expected for completion of fall 2016 to early 2017. 

Currently at 73% sold out, with a steady amount of sales over the last few weeks (seven units were sold last week alone). They are getting ready to close down the sales office in the next few weeks, start digging in October and finish the digging in December. 

They have a great mix of units still for sale, with many units either sold out, or only one of the model left. Most of the one bedroom, and one bedroom plus dens that are still available, are only available on one floor. While if you are in the market for a two bedroom or something on the larger side, you will have much more selection.

Prices start from $255,900 for unit 716 which is a one bedroom (floor plan D) 465sqft  plus a balcony, facing east. Up to the largest unit a 1,264sqft two bedroom facing North for $680,900. A few penthouse still remain, $671,900 to $828,900, 980sqft to 1,219sqft (just think of the amazing views!).

Floorplan D, which is still for sale $255,900.

Notes: 
- Parking: $39,900 only available for units 604sqft or larger.
- Lockers: $3,500
- Maintance fees - $0.48sqft
- Deposit for Purchase - $5,000 on signing, balance to 5% in 30 days, 5% in 60 days, 5% in 120 days, 5% at closing

If you are interested in SoBa condos or learning more about what they have left, fill out the form below. I would love to help you find the perfect condo, to live in or as an investment.



Written by Matt Richling.

Matt is a licensed salesperson at RE/MAX Metro City Realty in Ottawa, Canada. Matt loves helping sellers and buyers find the perfect home that fits their lifestyle. 

SoBA Ottawa Condo Launch - information and pricing

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Decided to swing by the launch for SoBa Condos Ottawa this past saturday. The launch was scheduled for noon but as in traditional Brad Lamb fashion, he held the doors back 30 min, just to make sure the line was extra long and provided better photos. Finally at 12:45 we were inside and handed a bright yellow brochure with a sample price list for units. Nice sales centre, and a decent model suite were set up.

SoBa Ottawa will definitely add to the area, and being located in a difficult lot location due to the highway certainly doesn’t make the design easy. Check this quote from Brad Lamb:

“We are absolutely committed to creating striking modern developments that offer stylish, design-conscious homes for sophisticated urban dwellers.” - Brad Lamb

Some of the example prices include unit 304 which is 407sqft for $181,900, unit 1204 which is 511sqft for $246,900 or 1209 which is a 2bed at 655sqft for $314,900. Parking is $32,900 and lockers for $3,500. Maintenance Fees starting at $0.48sqft not including heat or hydro. Looking at occupancy for Late 2015! 

For a copy of the Price Lists or Floorplans of the SoBa Condominiums email me at Matt@MattRichling.com or visit the sales centre located on Catherine st, just west of Bank st. If you would like some assistance and advice with the purchase to maximize your return, I would be glad to assist!

SoBa Ottawa Condo Launch Tomorrow!

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**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Anyone who is interested in purchasing one of the brand new units in the Brand Lamb Developments new building SoBa or South On Bank, which is launching tomorrow, best get in line! There is a fair chunk of buzz happening for the launch and should be an exciting day tomorrow. Starting at noon, more information such as full prices and the ability to reserve units will be allowed as well as an appearance by Mr. Lamb himself!

If you are interested in purchasing a unit at the launch tomorrow, I will be on site and if you use me to help navigate the purchase I will be able to cover your legal fees on the purchase! For more information, contact me directly at matt@mattrichling.com or 613-286-9501.

 

More Spring Deals! Purchase at Gotham and Receive Gift!

One day only - Gotham condos located at 224 Lyon St in Ottawa is offering increased commission on Jan 11th. Purchase through Matt Richling and receive a gift back on closing for amount approximate to 1% of purchase price.

Gotham has already seen huge sales with over 60% sold in 60 days!

For more details contact Matt Richling at 613-286-9501 or Matt@MattRichling.com.