Claridge

Claridge Icon - Sales Update

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* For more information about Claridge Icon, visit our Claridge Icon page, with all of the renderings, floorplans, detailed information, etc. CLICK HERE.**

Claridge Icon is selling with the building currently over 55% sold out. Only 150 units are available, ranging from $336,000 (610sqft Gable Floor plan on the 8th floor) up to $1.45M (1630sqft New Jacobson on the 43rd floor). There are a good selection of both one bedroom condos and up to larger two bedroom plus den units. Keep in mind that storage lockers are included in the price!

The 45 floor building is on track for an October 2020 occupancy. Claridge is asking 15% deposit to secure a unit, with parking available for $40,000 per spot.

Claridge Moon - New Launch Date?

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We last reported (March 13th) that Claridge Moon was set to launch on March 30th. We are now told that Claridge is getting set to launch the latest project “within the next month”, with rumours of the same thing roughly mid to late May. Pricing is still not set, however the Claridge sales agent explained that they will be roughly on par with pricing at Claridge Icon which is starting at $539/sqft, with a building average of approximately $616/sqft.

There is a lot of interest in Claridge Moon for its location and pricing - from both an owner and investor point of view. If you want to stay up to date, and interested in purchasing a pre-construction condo in Ottawa, let’s chat. Fill out the form at the bottom of the page.

**For more information about Claridge Moon, visit our Claridge Moon project page HERE. All information about the project will be located here, including floorplans, renderings, construction update, news articles, pricing, etc. **

Claridge Moon - Launch Date

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Claridge has quietly announced the launch date for its next condo project. Claridge Moon, a 27-storey condo tower that is located above the Lyon LRT station, will launch on March 30th, 2019. There is no pricing yet, however the project will consist of 259 condo units ranging from 510sqft to 1,225sqft.

“The ability to incorporate the LRT in the Claridge Moon development is so unique — it is impossible to place a value on it for the future residents. Imagine being able to access the ByWard Market, Westboro or the University of Ottawa in just a matter of minutes without the inconvenience of traffic through the core.” says Neil Malhotra (Claridge vice-president) to the Ottawa Citizen.

**For more information about Claridge Moon, visit our Claridge Moon project page HERE. All information about the project will be located here, including floorplans, renderings, construction update, news articles, pricing, etc. **

Claridge Moon/District/Royale - Coming 2019

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2019 is shaping up to be the “Year of Claridge”. Aside from Claridge Icon that is under construction, Claridge is getting set to launch three new condo projects in 2019.

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Claridge Moon is going to be located at Queen at Albert, located at the Lyon LRT Station. A three tower development consisting of a 26 storey rental building, 25 storey condo building, and a nine storey tower for rentals. The condo tower name “Claridge Moon” will consist of 229 units. No idea of pricing or sizing at this time. For more information on Claridge Moon, visit our page here, which has all of the renderings and up to date information as it becomes available.

Claridge District is going to be located at 91 Nepean and will be “move-in ready” condos. Not much information at this time.

Claridge Royale looks to be the most exciting. Located in the Byward Market, Claridge had purchased the Metro Grocery site (at 245 Rideau street at Cumberland) a number of years ago which at the time started quite a bit of talk about what exactly they would do with it. The project will consist of three towers (28, 26, and 19 floors) that includes a condo tower, hotel, and most likely a rental building. We are hearing that the Metro will continue to be a tenant in the building (once completed) as well as the possibility of a Canadian Tire on the second floor. For more information on Claridge Royale, visit our page here, which contains all of the renderings and up to date information as it becomes available.

Looking to purchase a pre-construction condo in Ottawa? Want some guidance in navigating which project best fits what you are looking for? Fill out the form at the bottom of the page to chat.

Claridge Icon - Sales Update

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** For more information about Claridge Icon, visit our Claridge Icon page, with all of the renderings, floorplans, detailed information, etc. CLICK HERE.**

Claridge Icon, located at 505 Preston street and just north of Dows Lake and in Little Italy, is continuing to sell units as construction moves along. Currently the building is over 50% sold out and has a good selection of sizes and prices. Units start at $336,000 for the Gable (610sqft), or the Redford (625sqft) for $338,000.

Occupancy is slated for October 2020. Prices average $604sqft. Deposit is 15%.

Claridge Icon - Construction Update

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Claridge Icon, located at the corner of Carling and Preston street, is currently on the 27th of 45 floors. Glass has started being installed in the lower flooring as things continue to move along well. It’s hard to imagine exactly how high that will be when looking at the building…. Keep in mind this is a rough example below.

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There will be 320 units with an estimated completion of early to mid 2020. Prices range from $330,000’s and up, with unit size ranging from 610 to 1630 square feet.

 

Claridge Icon - Sales and Construction Update

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Located in Little Italy at the corner of Preston and Carling, Claridge Icon is coming along on time. Construction crews are currently pouring the 18th floor, out of the 45 storey building. 

There are roughly 188 units still available to purchase (out of the 320) with prices starting at $331,000 for the 610sqft one bedroom "Gable" floorplan". There are roughly 87 one bedroom units, 37 one bedroom plus den, 63 two bedroom units, and only one two bedroom plus den units that remain. Keep in mind that some floorplans are sold out, with only some floors available for certain floorplans.

- The building is set for occupancy April 2020
- Parking is $40,000/spot (condo fees are $34.35/month per spot)
- Lockers are included with each unit
- Deposit - 15% total - with 5% at signing and 10% provided 60 days after signing

For more information on downtown Ottawa condominiums, fill out the form below! 

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Claridge Icon - Construction Update

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Construction is moving along as projected at Claridge Icon, located at the corner of Preston and Carling in Little Italy. Construction crews are currently pouring the eleventh floor of the 485 foot, 45 storey building that is set for completion in April 2020. 

If you have questions about condos in Ottawa, fill out the form below and let's chat!

Claridge Icon - Construction and Sales Update

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The Claridge Icon is well underway with construction crews currently pouring the 5th floor. Set for completion by April 2020, there is a rumor that they are moving ahead of schedule and occupancy might even start earlier. The 45 storey building will stand 485 feet high above the ground. 

The building is currently around 40% sold (124 of the 320 units), with only two of the twelve penthouse units still available. Some floorplans are almost all fully sold out like the Bertoia (2bed-855sqft), New Pacino (1bed 645sqft), etc. Sales are estimated to pick up significantly this year with the increased demand in the Ottawa condo market.

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Questions about pre-construction condos in Ottawa? Fill out the form at the bottom of the page and let's chat.

Claridge Icon Ottawa Condo - Construction Update

Claridge Homes is steadily progressing on construction of what will be Ottawa's tallest condominium building. Claridge Icon is located at 485 Preston Street in Little Italy and across from Dow's Lake. Expected completion of the 45 story building is April 2019. Unit price ranges from $291,000 to well over $1,235,000 of the 230 total units.

For more information about pre-construction condos within the city of Ottawa, please contact Matt Richling (sales representative with RE/MAX Hallmark Realty Group) by filling out the form below.

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Claridge Icon - Construction Fire

Photo Source: Ottawa Citizen/Kara Hayne

Photo Source: Ottawa Citizen/Kara Hayne

Construction fire at the Claridge Icon site at 485 Preston St. The full article from the Ottawa Citizen is below; read the full article here

Hazmat call, fire at construction site doused in Little Italy
- Megan Gillis, Ottawa Citizen, August 10th 2016

A fire that ignited spray foam insulation at a Little Italy construction site has been doused and fire and air tests turned up clear, although road closures are still in place, Ottawa Fire Services said Wednesday as the afternoon commute began.

Concerns about potentially-toxic burning insulation was behind the large perimeter established around the Claridge Icon project at Carling Avenue and Preston Street after a loud noise and smoke were reported at noon, a fire service spokeswoman said.

First responders called the hazardous materials team to the scene and closed Carling Avenue from Bronson Avenue to Sherwood Drive, and Preston Street from Pamilla Street to Prince of Wales Drive. Crews have since reopened Carling.

Firefighters wore the breathing apparatus they don during working fires during the safety perimeter while police asked that people avoid the area.

Witnesses tweeted that firefighters were trying to extinguish insulation that had been applied to the foundation at the condo tower that’s under construction.

Claridge Icon - Construction Update

Claridge Icon Condos Ottawa

Located at 485 Preston street, (corner of Carling) in Little Italy and Dows Lake, Claridge's Icon has officially hit rock bottom. Well... Digging has hit the lowest part and crews are getting prepared to start building the parking levels and then the 45 stories. Housing 320 residential units plus commercial space in the lower podium - it will become the largest tower in Ottawa (after construction) at 485ft. Originally set with a closing date in December 2018, Claridge has moved the occupancy back to April 2019. Available units currently range from $286,000 to $1,250,000 for one of the few remaining penthouse units. 22 floor plans in total with most still available on select floors. 

For more information about pre-construction condos in Ottawa - contact me!

Claridge Icon Condos Ottawa Construction

2015 Housing Design Awards Winners

GOHBA Housing Design Awards

Put on by the Greater Ottawa Home Builders Association, the 32nd annual Housing Design Awards are so those in the industry are able to go head to head for recognition of their work in new home and condo construction and renovation in Ottawa. The winners include the city's top builders, designers, architects, and renovators, all competing in a range of categories based on size, budget, and style. There are over 50 awards handed out with some even chosen online by the general public. 

The Wavell Kitchen by Linebox Studio

A few of the winners this year include:

High-Rise Building (50 Units or More)
MInto and Barry J Hobin Architects for The Vibe (Lansdowne Park)

Mid to High-Rise Unit
Claridge Homes for the Lilac model at Fusion Development at LeBreton Flats

Custom Contemporary Kitchen (241sqft or more, $74,999 and under) 
LInebox Studio and Lake Partnership for the Wavell Kitchen

For a full list of this years winners, visit the Ottawa Citizen article here.

Tribeca Sales Update

Tribeca Claridge Condo For Sale 179 Metcalfe

Claridge Homes latest development in Centretown, Tribeca, is a "world-class complex in a world-class neighbourhood"(as per the sales website). A three phase project, consisting of two highrise towers connected by the podium that also features the third phase consisting of low rise loft units. 

Phase One is located at 179 Metcalfe, and has seen occupancy of the units and is now fully registered. They are currently 95% sold and available units range from $343,00 for a 753 sqft 1bed + Den, to $463,000 for a 971 sqft 2bed unit with 95 sqft terrace. Parking is an additional $35,000 per spot. Occupancy on these units can be quite fast, however finishes and upgrades have already been chosen. 

Phase Two is located at 40 Nepean St, and is currently at around 65% sold. You should be able to find the size and price point you are looking for with the remaining supply ranging from studio's up to larger 2 bedrooms.

Tribeca Pool Ottawa Condo

Phase Three is about to be launched, but sounds pretty unique from the promotional material getting sent around.

The amenities for the project are quite exciting, featuring a full indoor salt water pool, kid splash pool, yoga studio, fitness room, private lounge, multimedia room, board room, four meeting rooms, two guest suites, concierge/security, visitor parking, Sobey's (Now Open!), and the nearly 7000sqft of landscaped terraces on the south side.

If you are interested in the Tribeca project, or would like more information on units that are currently for sale - contact Matt Richling (salesperson with RE/MAX Metro City Realty) by filling out the form below or by email Matt@MattRichling.com. 

Lofts at Tribeca - Coming Soon

Tribeca Lofts Ottawa Condos

The Lofts at Tribeca, the "third" phase of the Tribeca project built by local Claridge Homes is getting ready for launch. No set launch date, but we are told, larger open, home-like units that will built into the podium that connects the Tribeca Towers (179 Metcalfe and 40 Nepean). 

Will post more information as it comes available. If you are interested or have a question about this project or living downtown - fill out the form below.

Tribeca Lofts Rendering Ottawa Condo

Tribeca Sobey's NOW OPEN!

Sobeys Ottawa Tribeca Condos

Centertown has just stepped up another notch with the addition of a well needed grocery store. Sobey's 2,400 square metre store has now opened in the ground floor of Claridge's Tribeca at the corner of Metcalfe street and Slater. Hours are 7am till 11pm seven days a week. There is underground visitor parking for those from outside the building (140 visitor spots in total).

Looking to live in the downtown core and have a grocery store just an elevator ride away? I would love to help you out!

Genworth's Metropolitan Condo Outlook - Winter 2015

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Genworth and the Conference Board of Canada has released the 2015 winter edition of its apartment condominium study that looks at eight metropolitan areas, including Ottawa.

For the full report and in depth look into Ottawa and the other areas, click here.

"Although inventories remained high in 2014, Ottawa apartment building permits nearly doubled during the six months to December 2014 compared with their year-earlier levels. As a result, the new apartment condominium market is set to pick up again in 2015, with starts forecast to increase by 9.9 per cent. In fact, construction is already under way on a number of new buildings this year, including The Bowery condominiums and Claridge’s Icon condominiums in Little Italy. The Icon condominium building will be Ottawa’s tallest. But this title may not last long. A new development proposed by Richcraft Homes, also in the Little Italy neighbourhood, would see the construction of three new towers, the biggest of which would be 55 storeys tall. Starts are expected to keep rising from 2016 to 2019, growing by a forecast average of 1.2 per cent per year. Absorptions are set to decline this year and next, albeit from a 2014 record high, and then begin to rise through the next few years, helping to whittle down inventories." - taken from the report.

Ottawa Citizen Feature - Perks Help New Centretown Condo Sell Quickly

Ottawa Citizen Condo sold

This past weekends Ottawa Citizen that profiled a recent sale. Click here for the online version. 

Perks Help New Centretown Condo Sell Quickly
Jennifer Campbell - Ottawa Citizen - March 3rd 2015

Location: Tribeca, 179 Metcalfe St., Unit 1607
Features: Large and stylish one-bedroom, one-bathroom. Price included parking, hardwood floors and storage locker.
Asking price: $354,900
Selling price: $348,000
Days on market: 25

Word from the sales rep: “This is a unit that shows beautifully, with stunning views looking south over the city, and we priced it competitively,” says Matt Richling, a condo sales rep at Re/Max Metro-City Realty. “The Tribeca (built by Claridge) is brand new, with some of the best amenities in the city, and the perfect location. Add this all up, and it’s no wonder the buyer fell in love.” (The buyer was represented by David O’Reilly at Keller Williams Ottawa.)

What’s good about the ’hood: Walking distance to the ByWard Market, Elgin Street, Rideau Canal, Glebe, Chinatown and Parliament Hill.

Richcraft Joins The Tallest Condo in Ottawa Battle!

Richcraft Little Italy Towers

Next week Richcraft is going to be in front of the planning committee to get approval for the tallest condo building in Ottawa. The building will be located at 845 Carling, one of three buildings they are hoping to construct on the site which is the old Dow's Honda location. 

From Ottawa Citizen Article

From Ottawa Citizen Article

Currently approved and now under construction, Claridge's Icon holds (or will hold?!) the title for tallest condo building in Ottawa sitting at 45 storeys. Richcraft is hoping for a 55 storey(180 meters) building, along side a 45 storey (148 meters) and 18 storey (66 meters) sister towers, all containing approximately 1120 units, with 6,800 sq meters of ground floor commercial space.  Currently the entire Carling/Preston area is zoned for 31 storeys, which was approved last summer.

The main issue at this point seems to be over parking. Minimum parking for the complex is 675 residential spaces (91 commercial), however Richcraft is looking for an extra 100 spaces (766 in total plus the 91 commercial). The builder is also looking for an increase in bicycle parking spots to 566. Plus this complex will have direct access to the O-Train's Carling station, raising questions as to why the extra spots. 

Little Italy Richcraft Tower

Link to the Zoning Amendment

Link to the Wind Study

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Any questions about pre-construction condos? I would love to chat!

Claridge Icon - Construction Started - Sales Update

Photo from Claridge Icon Facebook Page

Photo from Claridge Icon Facebook Page

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Construction has officially started on the Claridge's Little Italy tower, Icon. Currently the tallest to condo tower in Ottawa at 45 storeys and 420 feet high (until Richcraft steals the title), which will see construction continue for the next four years (December 3rd, 2018).

Currently with about 25% sold, or about 80 units, Claridge is very confident that with the amount of time to build the project, they will have no issue in selling all of the units.

For more information on the project, visit the website ClaridgeIcon.com.

If you have any questions about this project, or pre-construction condos in Ottawa, click the button below.