Centretown has long been one of the city’s most desirable neighbourhoods for potential homeowners. Known as the heart of Ottawa, Centretown features many of the city’s highly anticipated annual events, nationally recognized historical sites and museums, and access to a wide range of convenient amenities. There’s no shortage of things to see and do in Ottawa’s bustling downtown core, and the neighbourhood offers a selection of different property types to meet the needs of any home buyer.
Condominium Living in Ottawa’s Downtown
As a neighbourhood characterized by its blend of residential and commercial properties, Centretown is an ideal area of the city for anyone interested in property ownership. Whether you’re an urban professional or downsizer searching for a home close to downtown amenities, a family looking for short commutes to work and school, or you’re interested in a small business or investment property, there are plenty of options available downtown Ottawa.
With more people looking to move to Ottawa’s downtown core all the time, it’s no surprise that the city has seen several recent condo developments arrive in Centretown. From high-rise towers that look out over the city and the Ottawa River, to trendy residential row units tucked away along the neighbourhood’s quieter side streets, downtown condo projects have been offering potential buyers alternatives to urban home ownership.
Choosing to purchase a condo over another residential property type can come with a variety of benefits. While owners will pay a condominium fee, typically due monthly, the fee will usually cover expenses like building maintenance and cleaning, snow removal, property upkeep, and more. Services covered by a condo fee will vary depending on the building you choose. Condo buyers may also be drawn to the additional amenities that a condo might offer, or the lifestyle often associated with some of the city’s more luxurious buildings.
Luxury Condos in the Heart of Centretown
The Merit is a new condo development from Charlesfort Developments, located at Lisgar and Cartier Streets in Ottawa. The building’s prime location not only allows for exceptional views of the city skyline in any direction, but also provides many buyers with the urban lifestyle they’re looking for. The Merit website describes the condo as an “address of distinction” that aims to reflect the accomplishments of its residents. The condo’s exterior and its suites are designed with quality and elegance in mind, and every detail contributes to the overall character of the project.
The Merit includes a total of 74 units in the 21 storey building, with individual suites varying in size from 1,607 square feet to 2,147 square feet. Prices for available units range from $994,000 to $1,977,000, depending on suite style and floor plan. There are a variety of available floor plans to choose from, with some suites including dens for additional living space, and outdoor living space is provided by individual balconies or the Merit’s outdoor terrace.
Ottawa Amenities Right Outside Your Door
While living downtown will conveniently reduce commute times to and from work, this lifestyle is also ideal for anyone who loves to get out and enjoy the city. The Merit is steps away from cycling and walking pathways along the Rideau Canal, as well as some of Ottawa’s most well-loved urban parks, museums, and more. The building’s location close to Wellington, Elgin, and Bank Streets provides convenient access to countless shops, restaurants, and pubs, with the ByWard Market and Rideau Centre found just a short walk away.
For more information about living at the Merit, including price lists and floor plans, visit the project website. You can also contact us directly for more information, or continue reading about new or upcoming condo projects across Ottawa.
If you’re thinking of buying or selling a property, be sure to take a look at our online guides for buyers and sellers, or contact us for a free, no obligation market evaluation of your current home. Our sales representatives are happy to help answer any questions you might have about the real estate market in your Ottawa neighbourhood!
Images from The Merit website.
