Ottawa Condo for Sale
Federal Government looking to turn Ottawa properties into housing
The federal government is actively working to address the housing crisis in Canada by repurposing federal properties for residential use. As part of this effort, 22 properties in Ottawa have been identified for potential conversion into housing. This initiative is part of the broader “Public Lands for Homes Plan,” which aims to unlock public lands across the country to accelerate the development of affordable housing.
These properties in Ottawa, which include surplus office spaces and other federal buildings, are intended to be leased to developers who will build housing, rather than sold outright. This approach is designed to ensure long-term affordability and maintain public ownership of the land. The government is particularly focused on converting these spaces quickly to address the urgent need for affordable housing.
The properties in question are part of a larger list of 56 federal sites across Canada, with a goal to support the creation of up to 4 million new homes by 2031. The conversion of these sites, especially in key urban centers like Ottawa, is seen as a critical step in alleviating the housing shortage.
For further details on the specific properties or the overall plan, you might want to keep an eye on upcoming announcements from the government, as more properties and specific plans will be revealed in the coming months.
Details here.
Details here
Ottawa Condo for Sale
West Centre Town
404-40 Arthur Street
$489,900
Ottawa Condo for Sale
West Centre Town
204-40 Arthur Street
$469,900
Ottawa Condo for Sale
West Centre Town
1102-40 Arthur Street
$489,900
Ottawa Condo for Sale
West Centre Town
1102-40 Arthur Street
$489,900
Introducing 1102-40 Arthur, boasting one of the city’s most captivating views. This penthouse level suite has higher ceilings & fireplace Large living room & dining room. Spacious two-bedroom condo features 1.5 baths & comes w the added convenience of AC & in-suite laundry. Situated atop Nanny Goat Hill on a quiet side street, steps from the vibrant shops, cafes, & restaurants of Chinatown. Kitchen has ample cupboard & counter space, complemented by a large window that frames a river view. The primary bedroom is spacious, while the second bedroom is also generously sized & often serves as the main bedroom. Four-season solarium w banquette. With only 44 units, the building fosters a warm community atmosphere. All-inclusive condo fees, cover hydro, water, & heating/cooling via a heat pump. Amenities include private visitor parking, gym, sauna, garden patio w BBQ facilities, & library. Excellent location 2 blocks f downtown & a short walk to Little Italy, w the Pimisi LRT station in Lebreton Flats only 10 minutes away & public transit a mere block from your doorstep.
Virtual Tour
Architecture of Russia – Post-Soviet and present-day
Dominion Tower
Post-Soviet and present-day Russian architecture reflects a dynamic period of transformation and adaptation, influenced by the country’s political, economic, and cultural changes since the collapse of the Soviet Union in 1991.
- Post-Soviet Transition (1990s–2000s)
- Eclecticism: There was a revival of eclectic styles as architects explored a mix of historical references, often combining classical, baroque, and traditional Russian elements with modernist influences.
- Commercial Architecture: The rise of capitalism brought a boom in commercial buildings, including shopping malls, office complexes, and luxury apartments. Many of these structures adopted a flashy, sometimes kitschy style, emphasizing grandeur and opulence.
- Restoration and Heritage: There was a renewed interest in restoring historic buildings, especially those damaged or neglected during the Soviet era. This period saw the restoration of many churches, palaces, and other cultural landmarks.
- The Rise of Contemporary Russian Architecture (2000s–2010s)
- High-Tech and Modernism: A wave of modernist and high-tech architecture emerged, characterized by sleek lines, innovative materials, and an emphasis on functionality. Prominent examples include the Federation Tower in Moscow and the Lakhta Center in St. Petersburg, the tallest building in Europe.
- Cultural and Public Buildings: There was a significant investment in cultural and public infrastructure, including theaters, museums, and sports complexes. The construction of venues for international events like the 2014 Winter Olympics in Sochi and the 2018 FIFA World Cup led to the creation of iconic structures like the Fisht Olympic Stadium and Kazan Arena.
- Experimental and Avant-Garde: Some architects began to experiment with more avant-garde designs, exploring complex geometries, sustainable building practices, and integrating digital technologies. This was a move away from the rigid, mass-produced architecture of the Soviet era.
- Present-Day Russian Architecture (2020s–Present)
- Integration of Tradition and Innovation**: Contemporary Russian architecture often blends traditional Russian motifs with modern design principles. This is seen in projects that aim to respect historical contexts while introducing cutting-edge technologies.
- Urban Development: There is a focus on large-scale urban development projects, particularly in Moscow and St. Petersburg. Mixed-use developments, green spaces, and smart city initiatives are becoming more common as part of efforts to improve urban living conditions.
- National Identity: Architecture is increasingly seen as a tool for expressing national identity, with state-sponsored projects often emphasizing Russian heritage, resilience, and power. This includes both new constructions and the continued restoration of iconic Soviet-era structures.
- Challenges and Criticisms: Despite progress, Russian architecture faces challenges such as corruption, uneven development between regions, and the impact of international sanctions. Additionally, some critics argue that modern Russian architecture can sometimes prioritize form over function, leading to impractical or overly ostentatious designs.
The 1990s in Russia were marked by economic turmoil and a significant shift from state-controlled, utilitarian architectural practices to more market-driven, diverse forms of expression. During this time:
As Russia stabilized in the 2000s under Vladimir Putin’s leadership, its architecture began to evolve with new technological advancements and greater engagement with global trends:
In recent years, Russian architecture continues to reflect both its unique cultural heritage and its position in the global architectural scene:
Agricultural palace
Fisht Olympic Statium
Fomenko Theatre
Grazprom Arena UFO
House on Mosfilmovskaya
Lakta Center
Mariinsky Theatre Second Stage
Moscow International Business Center
Oruzheiny Complex
Saint Petersburg Plaza
Scarlet Sails
Sokolinaya Gora
Technopark in Akamgorodok
Trumph Palace
White Square
Yekaterinburg City
Zaryadye Park
Open House
West Centre Town
Sunday August 18
204-40 Arthur Street
$469,900
2PM to 4PM
Welcome to 204-40 Arthur Street! This condo boasts over 1000 square feet of living space w large principal rooms. The living room/dining room is adjacent to an open solarium. The kitchen features ample cupboards & countertop space, as well as a large window. A convenient powder room is located nearby. A corridor offers privacy to the 2 generous bedrooms. The smaller bedroom is so large it is often used as the principal bedroom, leaving the larger one to serve as an office, den, or family room. Ample closets throughout the unit. Enjoy amenities, including a sauna, library, gym, workshop, & a delightful garden. The condo has hardwood & tile flooring. Located on a quiet side street in West Centre Town in Chinatown, at the top of Nanny Goat Hill, this home offers easy access to Little Italy, Lebreton Flats, & downtown. In-suite laundry ensures your day-to-day comfort, & ample visitor parking is available for your guests. Don’t miss out on this gem in a vibrant neighborhood!
CREA – Canadian Real Estate Association – Fledgling Canadian Housing Market Momentum Hits Pause in July
The latest update from the Canadian Real Estate Association (CREA) indicates that the national real estate market in Canada has been relatively stable but subdued over the summer. In July 2024, home sales dipped slightly by 0.7% compared to June, although they were up 4.8% from the previous year. The market is currently in a balanced state, with a sales-to-listing ratio of 52.7%, slightly down from 53.5% in June.
The Bank of Canada has made two interest rate cuts this summer, which has started to create conditions that could lead to a more active housing market in the fall. However, these cuts have not yet significantly impacted home sales, as most buyers are using fixed-rate mortgages that respond more slowly to changes in the central bank’s rates.
Looking ahead, CREA and market analysts expect that lower borrowing costs might rekindle the housing market in 2024, especially if borrowing rates decrease to around 4% by next spring. This could attract more buyers, especially in markets where affordability remains an issue, like in Ontario and British Columbia, where inventory is higher and competition is less intense compared to the Prairies and Atlantic Canada, where markets are more favorable to sellers【6†source】【7†source】【8†source】.
Details on the CREA web site.
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