Urban Capital

Smart House Project Cancelled


Rumours about the fate of the micro condo building have been circulating since the beginning of the month and we finally got the official word late last week. Urban Capital has decided that Smart House will be cancelled and turned into a rental building. For those who have purchased, deposits are being returned. There is no information behind who is involved with the rental building, but we do know that it will not be sold unit by unit.

Urban Capital will now turn the focus to the upcoming James Street Pub building which we expect to be launched late spring or summer 2016 at the earliest.

Questions about buying pre-construction condos in Ottawa? Fill out the form below, I would love to chat.

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Which Ottawa Condos have Pools?

Indoor pool for the owners at 200 Rideau St and 234 Rideau St, built by Claridge

Indoor pool for the owners at 200 Rideau St and 234 Rideau St, built by Claridge

While it might seem like the amenities rarely get used in a building, for those that take advantage of them, its like adding extra rooms onto your condo for free! (Well... yeah you pay for them, but still)

Lets look at which condo buildings around Ottawa have pools!

Claridge (especially lately) has been a big believer in amenities and nice big pool areas. Take a look at  Claridge Plaza (phase 1-4), La Tiffany (phase 1 and 2), Lebreton Flats (250 Lett),  Tribeca (pool under construction), and eventually Claridge ICON (est 2018), etc.

Urban Capital has started including resort styled pools with The Mondrian (324 Laurier) and the Hideaway (on Mcleod). 

Mastercraft Starwood, known for high quality amenities includes pools at SOHO Lisgar (300 Lisgar) and soon SOHO Champange. SOHO Parkway only gets a rooftop hottub with some of the best views of the city... (sarcasm...). 

Richcraft has built a few pools including, The Galleria (200 Besserer), The Galleria Phase 2 (238 Besserer), The Laurier (570 Laurier), and soon to be built The Bowery.

Other central buildings with pools include 90 George St, 160 George Street, 199 Kent, 500/530 Laurier Ave, 470 Laurier Ave, 556 Laurier Ave, 151 Bay, 20 The Driveway.... etc. The list goes on.

Currently we have a few units available with pools including, Claridge Plaza (234 Rideau Unit 1005, Mondrian (324 Laurier Ave Unit 2209) and two units at Tribeca (179 Metcalfe)

If you enjoy taking a dip and are looking for a condo with a pool in Ottawa, lets chat! I would love to help you out!

Top three Ottawa condo buildings for Young Professionals

As a young professional who is working and living in Ottawa, only the best will do. Work hard, play hard is more than just a saying for you, it's your way of life. Last thing you want, are constant complaints from your neighbour because the walls are too thin, or issues with the condo board. With over 900 condo buildings across Ottawa, we have narrowed this down to a select few. 

3. Mondrian Condos - 324 Laurier Ave. West

Mondrian, with its "rooftop" (6th floor) outdoor pool, complete with Miami-esq cabanas, large party room and concierge has been the choice of YP's looking for a place to call home. The units them selves are open concept and modern with floor to ceiling windows, exposed concrete pillars and columns, and decently sized. Great location for those working in the downtown core.

Location: 324 Laurier Ave. West, at Bank st.
Builder: Urban Capital (Toronto)
Year Built: 2009
Conceirge: Yes. 9-5 with security nights and weekends
Pool: Yes, Outdoors. Not for lap swimming.
Party Room: Decent sized with large sitting area, kitchen, dining table, TV, and pool table.
Gym: Yes 
BBQ: Yes, shared. Also has outdoor dining table. Electric BBQ's allowed on unit balcony.
Parking: Underground, and heated
Balconies: All units, except two per floor that do not ("07" and "08")
Elevators: Three high speed
Visitor Parking: None in building, paid lot beside entrance.
Demographic: Full mix

2. Central Condo Complex (all three phases) - 354 Gladstone and 349 McLeod, 360 McLeod, and currently under construction Hideaway

Central Condos is a mix of three phases, 354 Gladstone and 349 Mcleod make up phase one (two addresses allow the large U shaped building to have two entrances, mailboxes, etc.), 360 Mcleod which is phase 2, and the third phase which is under construction called Hideaway. Same feel and flow as the Mondrian, but 4 years newer, and reflected in the updated finishings throughout the building.  

Location: Bank st, at Gladstone St. and McLeod St.
Builder: Urban Capital (Toronto)
Year Built: 2012, 2014, 2015
Conceirge: Yes. Each phase has its own, 9-5 with security nights and weekends
Pool: Outdoor pool in Phase 3, for residents of phase two and three only.
Party Room: Each phase has independant room. Decent sized with large sitting area, kitchen, dining table, TV, and pool table.
Gym: Yes 
BBQ: Yes, shared. Electric BBQ's allowed on unit balcony.
Parking: Underground, and heated
Balconies: Yes, few floor plans per building without
Elevators: Two high speed per building
Visitor Parking: None in building, paid lot beside entrance.
Demographic: Mix, 20-40yrs old


1. SoHo Lisgar - 300 Lisgar

Soho Condos Lisgar Ottawa

SOHO Lisgar is Ottawa's second for Mastercraft Starwood. Located at 300 Lisgar, the building is very central being just off Bank St. and only a few blocks from downtown offices, Elgin St, Byward Market, Little Italy and Chinatown. The high end finishes, quality design, and first class amenities are what one would expect with the Mastercraft Starwood name.

"Timeless design, well thought out living spaces, style and flair are SoHo’s signature. We used the same high quality materials and standards demanded by our boutique hotel clientele – well-heeled jet setters, movie and rock stars, and C-level executives (CEOs, CFOs, COOs) – who demand living spaces equivalent to the comfort of expensive homes. For example, marble bathrooms with large shower stalls and rainshower head, a handshower with diverter, Floor-To-Ceiling and all-To-Wall Windows©, European appliances and Quartz countertops.

A kitchen designed with fine cabinetry you would find on a yacht or private jet, with an island, and kitchen appliances concealed behind lacquered doors. Backsplashes with glass tile and a stainless steel sink with side mounted faucet finish this stunning kitchen. 

Gluckstein designed each luxury condominium floor plan at SoHo Lisgar to accommodate fine furnishings to suit every taste and temperament. Living areas are designed for entertaining, up to 20’ wide, not the typical 10’ wide living room found in other condominium developments." (taken from developer)

Location: 300 Lisgar Street, at Bank Street
Builder: Mastercraft Starwood (Toronto)
Year Built: 2013
Conceirge: Yes. 
Pool: Yes, Outdoor pool plus hot tub.
Party Room: Yes, including high end chefs kitchen (Wolf Range, Fisher Paykel Fridge)
Gym: Yes, plus sauna
Theatre: Yes, separate room.
BBQ area: Yes, shared. Electric BBQ's allowed on unit balcony.
Outdoor Entertaining:  Yes includes an outdoor Kitchen and fire pit.
Parking: Underground, and heated
Balconies: Not all units.
Elevators: Two
Visitor Parking: Yes
Demographic: Mix, 20-50yrs old

Honourable Mention - 90 George

Built by Canril Corporation, this five star building is located in the heart of everything. Launched with many high end amenities over and above, such as separate "gold key" concierge and separate security, BMW 7 series Li for short outings (driven by concierge), valet parking, grand piano in lobby, three high speed elevators, etc. Built on a three storey commercial podium, the outdoor terrace which is approximately 9,000 sqft, owners relax, without leaving home. Did we mention the lobby is a BMW showroom, with models rotating throughout the year!

Location: 90 George Street
Builder: Canril Corporation
Year Built: 2009
Conceirge: Yes. 
Pool: Yes, indoor salt water pool plus hot tub.
Party Room: Yes, more of a dinning room
Gym: Yes, plus sauna
Theatre: No
BBQ area: Yes, shared. 
Outdoor Entertaining:  Yes, 9,000 sqft of space
Parking: Underground, and heated, with valet
Elevators: Three high speed
Visitor Parking: Yes
Demographic: Mix, 30-60yrs old, 

Matt Richling Closeup.jpg

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. 

Smart House + Minto Win at OHB Awards

Smart House, from Toronto's Urban Capital took home three awards last night at the Ontario Home Builders Award in Ottawa. The awards were for the best website, best ad campaign, and best video!

Other local winners and finalists include:
- Minto Communities was named Ontario Home Builder of the Year, for the second time in three years. 
- Oakwood Renovation Experts was chosen as Renovator of the Year.
- Lagois Design won for Most Outstanding Home Renovation (between $250,000-$500,000).
- Mattamy Homes was a finalist in the division for Best Interior Decorating of the Model Home in Half Moon Bay.

For the full list of winners, visit: https://ohbaaod.ca/winners.php

Smart House Ottawa - Launch Recap

Photo by  @thecondoagency

Last night was the first VIP launch for Smart House Ottawa, being launched by Toronto's Urban Capital. The sales office saw lots of people throughout the night and we are being it it was a successful VIP launch. Approximately 10-15 units were sold last night at the VIP launch which is not yet open to the public. There was chatter about weather Ottawa was ready for micro condo living, but clearly we are. Will be exciting to see how sales go over the next few weeks, and how things go at the public launch (date still tbd).

It was great to see David Wex (founder and partner of Urban Capital) in the sales office to chat about the project with potential buyers and past clients. 

Looking for more information on Smart House Ottawa? 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 or condo that fits their lifestyle. 

Smart House Ottawa - Floorplans

Smart House Ottawa, is claiming to be Ottawa's first micro condo building, with the largest units coming in at 586sqft for a two bedroom. Below are three out of the 18 units that are for sale in the building. 

Smart House Ottawa, suite A1, by Urban Capital

Above is the A1 unit, which at 315sqft is the smallest suite in the building. Its launch price starts at $179,900.

The C1 unit, which is the one bedroom and den, inside Smart House Ottawa.

Above is the 519sqft C1 unit, which is the only one bedroom plus den floorplan in the building, starting at $314,900.

The D1 unit, the smallest two bedroom inside Smart House Ottawa.

Above is the 507sqft D1 unit, which is the smallest two bedroom in the building, starting at $275,900.

If you are looking for more information on Smart House Ottawa, check out the Smart House Ottawa landing page HERE

Micro Condos - Nothing New for Ottawa

 Studio condos like the one above from 360 Lofts (360 Cumberland St). 

 Studio condos like the one above from 360 Lofts (360 Cumberland St). 

Right now, there is a lot of buzz about micro-sized condos and the urbanization of cities. Micro-condos, also known as studios, are condos without a separate bedroom area and typically under 500sqft. Urban Capital is about to launch a micro-condo building called Smart House Ottawa, after the instant success of its sister Smart House Toronto. With this new building comes talk about if it will sell, and who will buy them. 

Funny thing is that studio condos or micro-condos are not a new concept to Ottawa. Many post 2000's condo buildings have at least one! Lets take a look at a few of the buildings around the downtown core that have studios or micro condos.

- Galleria Phase Two (234 Besserer) has two units per floor under 500sqft. "The Williams" which is 490sqft and priced at $201,000,  and "The Danby" which is 410sqft priced at $167,000 (both units priced on 1st floor).

- Claridge Plaza Phase Three (242 Rideau) has one studio per floor. The Broadway  is 440sqft and priced around $185,000 (on 3rd floor).

- The East Market (180 York, 383 Cumberland, and 179 George), has one unit per floor in each phase under the 450sqft mark. These do have separate bedroom areas. This was the first building by Urban Capital that brought small, modern condos to Ottawa.

- 360 Lofts (360 Cumberland St) which had a large number of 404sqft studios, sold almost 70% in a couple days with prices starting at $187,900.

Some newer buildings include...

A kitchen inside a studio at 360 Lofts.

A kitchen inside a studio at 360 Lofts.

- SoBa (Catherine St) which has 56 units under 509sqft and another 36 units from 511sqft - 516sqft.  Prices start at $181,000 for the 407sqft unit with a few units left. Smallest unit is 373sqft.

- Gotham (Lyon and Gloucester) has 41 units all under 436sqft, with prices starting from $226,900 almost fully sold out.

- Central Phase 1 (354 Gladstone) has 32 units under 478sqft. Which all sold out fairly quick.

- The Slater (Slater St) which has four studio floorplans per floor (64 units total) that are between 408sqft and 425sqft, with pricing starting at $210,000.

- Centropolis (Kent and Gladstone) which has units that are 295sqft, 305sqft, 315sqft, and 340sqft. Infact, there are 44 units in the building or 10 per floor that are under 340sqft. This building is fully sold out. One studio has re-sold in the building earlier this year at $195,000 (list price on MLS).

These are just a few buildings that include studio apartments. Could you live in 400sqft space? Many people in Ottawa already are, and with very few re-sales I would say that they love them. Looking to purchase a micro-condo, I would love to help!

*Pricing taken from builder price sheets over the last 5 years. Not up-to date prices for all units.

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. 

Smart House Ottawa - Amenities

Smart House Ottawa - Building and Unit Amenities

Clever spaces, smartly designed to maximize space

Birds eye view of the amenities for Smart House Ottawa.

Birds eye view of the amenities for Smart House Ottawa.

Creating an amenities space that acts like an extension of your unit, will provide you with much more enjoyment. At Smart House Ottawa, Urban Capital has done that, bringing features that you would expect and allow you to live, exercise, lounge, and be social, all while at home. Just because you live in a micro-condo doesn't mean your social life does as well.

Interior Amenities
- Party room containing kitchen and screening area, opening onto the outdoor terrace, with wireless high-speed internet access
- Fully equipped fitness room including free weights, weight machines and state-of-the-art cardio equipment, and adjacent yoga/stretching area
-Office/productivity centre, containing large-format printer (on a "fee for service" basis), and conference room
- "Product Library", for residents to rent useful household items

Outdoor Amenities
- Outdoor terrace located on the second floor, adjacent to the indoor amenity area, with intimate lounge seating areas surrounding gas fire pits, barbecues, dining tables, freeform plantings and landscaping

Building Amenities/Features
- Two residential elevators
- Underground heated parking (accessed from Flora st)
- Executive concierge service
- "Enterphone" security system in lobby, along with fob-based access system
- All suites have water efficient toilets, faucets and shower heads
- All units will be individually metered for all utilities, allowing occupants to control their personal electricity, water, and energy usage.

Smart House Ottawa building amenities as seen from the outside. (note that the exterior amenities were removed from this rendering for visual effect)

Smart House Ottawa building amenities as seen from the outside. (note that the exterior amenities were removed from this rendering for visual effect)

Step inside the units and you will understand why they are called "Smart" and space saving. By using high quality products that utilize space saving design, you are able to have that "big house feel" inside your condo. Using a fully-integrated Liebherr 24" refrigerator (the same ones used in SoHo Lisgar, and SoHo Parkway), Porter & Charles 12" two burner smooth cook top(when was the last time you used four burners at once?), 1.5 cubic foot stainless steel microwave-oven, and Fisher & Paykel 24" single tall-tub dishwasher drawer - your kitchen has high-end european appliances right where you want them. Both the AEG architectural hood fan, and integrated cutting board, are both tucked away so you wont notice them.  Even the European-style Porter & Charles 24" washer/condensing dryer is space saving, taking up a fraction of the space a normal set would use! When not in use, all you see is a modern clean space.

Smart House Ottawa Kitchen was fully designed to save space and look good. 

Smart House Ottawa Kitchen was fully designed to save space and look good. 


Looking for advice about floor plans, views, pricing, etc? I would love to help you out, just fill out the form below. 

Name *

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. 

Smart House Ottawa - Pre-Launch Information

**Edit** For all Smart House Ottawa information - check out our Smart House Ottawa page.

Launching Thursday September 18th from 6pm to 9pm is the first official VIP Launch for Smart House Ottawa. Brought to you by Urban Capital, (the same developer who built Mondrian, The East Market, Central Condos and Hideaway) as well as Ottawa-based Tamarack Homes, the building will feature 152 condo units inside Ottawa's first micro condo development. Building off its success with Smart House Toronto, Urban Capital is looking to expand the idea here to Ottawa. Going to be located in the same neighbour hood as Central, at the corner of Flora and Bank streets, these units will range from 315sqft to 596 sqft (two bedroom units). Prices start at $179,9000 with all units featuring exposed concrete ceilings, and large oversized windows. Roderick Lahey was included in the project as the architect, which ensures the building will please those who will call this project home.

Other features of the building include, product library (will lend out tools you need to make basic repairs to the home), productivity centre which will allow you to work from home (includes a large-format printer/scanner), sunny boardroom, gym and full yoga studio, and party room (with projector/screen, full kitchen and bar, outdoor dining). 

Also to note, this building will have the utilities for each unit separately monitored (not included in the condo fee), which has always been a source of argument at condo board AGM's. This means, you only pay for what YOU consume, not based on a percentage of the building consumption. 

Please note: I will have more information over the next week (pricing, floorplans, etc). Fill out this form if you would like this advanced information, as soon as it becomes available. 

**For everything Smart House Ottawa related, visit our Smart House section - HERE.

Video from the Smart House Toronto project.

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. 

383 Cumberland Sold in 3 days!

After being listed with another agent for almost 12 months, the owner came to me out of frustration to help sell his small (532sqft) condo. Within three days of being listed, I had it sold. In this market, each property needs a custom marketing plan that will highlight the units strength and weakness for the potential buyers. When you need something sold, I am here to help.

Want to chat about selling your home? 

Name *

Central Condos Open House this Sunday 2-4pm

Large Ottawa Condo Open House this weekend at Central Condos on Sunday from 2-4pm. All remaining condos in Phase 1 (349 Mcleod Central Condos Ottawa) will be available to view, which includes 1bedrooms, 2 bedrooms all with parking. This units are all from the developer Urban Capital and are brand new construction new been lived in with many upgrades, ready to move in. For more information contact Matt Richling at 613-286-9501, Kim Tran at 613-563-1155 or Anthony Donnelly at 613-563-1155.

Front Page of the Homes and Condos in Ottawa Citizen

Location: 354 Gladstone Ave.

Features: New two-bedroom condo with stainless-steel appliances and hardwood floors. Includes parking and a storage locker.

Asking price: $339,900

Selling price: $335,000

Days on market: 29

Word from the sales rep: “The value for money is amazing, especially with parking and locker included,” says Matt Richling, condo sales rep at RE/MAX Metro City. “This brand-new unit will be a great investment when time comes to sell. Add the modern touch of concrete ceilings, floor-to-ceiling windows — it’s no wonder my client fell in love.” (Listing agent was Jurgen Fretschner, broker at Coldwell Banker First Ottawa Realty.)

What’s good about the ’hood: Steps to shopping on Bank Street and in the Glebe, close to universities in an up-and-coming area.

© Copyright (c) The Ottawa Citizen

Read more:http://www.ottawacitizen.com/business/What+they+Centretown/7238434/story.html#ixzz26winRkPG

FREE 5 Star 3 Night Weekend For Two…

Spring is here in Ottawa and so are the deals! Hideaway at Central just launched a promo to help move sales. Purchase a loft and receive a 5 star, 3 night weekend getaway to Miami for 2 OR up to $3,500 cash back on closing. *There are more details, so make sure to check the fine print 

Starts 12 noon on Saturday Feb 18th and runs till Sunday Feb 26th!

For more information contact the sales centre at Mcleod St just east of Bank or HideawayatCentral.ca OR just send me an email!

New Listing - $379,900 - Two bedroom loft in the heart of the Byward Market Ottawa With Parking

From the main door entrance, this unit speaks elegance. Start by walking over the custom tiled entrance way and notice the high quality South Asian Walnut hardwood. As you turn the corner you notice the stunning modern open concept loft unit situated in the heart of downtown. The living and dining rooms boast great urban views with floor-to-ceiling windows. The nine foot concrete ceilings and concrete pillars bring the urban beauty and unique touches that are rare to the city.

Your tour has only begun. Welcome to the upgraded smart open kitchen. A few top notch features include: matching stainless appliances, Cambrian black granite, sandblasted glass mosaic tiled backsplash, Kohler “Vault” double square sink, Grohe Essence faucet, upgraded modern handles, LED under cabinet lighting. Not enough fridge space? Always the option to store your champagne and wine in the integrated under cabinet wine chiller.

Watch a movie, or entertain in style with full surround sound controlled by the “Harmony radio frequency” remote. This allows all cables and A/V equipment to be hidden in the out-of-sight closet. The system controls your full equipment setup including: Cable Tv, Blue-ray Disc (including 3D movies and games), Apple TV, Sony PS3, XBOX.. and more.

Relax in the fully upgraded bathroom featuring: custom Quartz counter, under-mount stainless sink, full wall mirror and accent damask wallpaper. Enter your master suite with a wall mounted tv and a full closet organization system that was designed to maximize your space.

Located steps away from every amenity that is available in the By Ward Market. For those who require a vehicle, this unit includes a premium parking spot on the first floor in the underground heated garage located across from the elevator doors. This unit also features a premium storage locker.

The East Market Lofts also features: a large fitness room complete with both free weights and exercise machines, large party room complete with outdoor patio and BBQ areas and games room with pool table and tvs.

The unit also features efficient laundry (in-unit), full window blinds, large balcony, and two furnaces (one for each bedroom, both with heat and A/C).

The unit is listed on the Multiple Listing Service for $369,900.

For more information – please visit MattRichling.com, call me at 613-286-9501 orMatt@MattRichling.com