Central (Phase 1-3) | ?m | 9 fl | Completed

[DowntownDensity]

The pit being dug for Hideaway is now several storeys below-grade. (At least 2, looked like potentially 3. ...Didn't walk up to the site, only drove by rather quickly). Hopefully we'll see the final phase of this fantastic project spring up to-grade and above throughout the Fall season!

This portion of Bank is going to be a whole new world once the Hideaway, "Central 4" down the street, and SoBa are up. While I'm confident this area will remain distinctly part of Centretown it will very much have its own flavour within the grander setting of Centretown. This area is already so much more lively and communal feeling than just a few years ago when the old parking lot was there.

[Mikemwalsh]

Originally Posted by brentgaulois

Ground floor will be retail, specifically the LCBO (taking up the entire space, I believe of phase 2).

I saw this when walking by central phase 2 last week. I think it pretty much confirms that the LCBO will be taking up the lower level of Phase 2. Should be a pretty big LCBO location for the area, much bigger than the other locations near by.

(zoom in on the binder)

[waterloowarrior]

welcome to the forum Mike! great shot

[rakerman]

Central 2


DSCN3010 - Version 2 by rakerman, on Flickr

[J.OT13]

Originally Posted by rakerman

Central 2


DSCN3010 - Version 2 by rakerman, on Flickr

I just got a flash of East Market.

[teej1984]

Originally Posted by Mikemwalsh

I saw this when walking by central phase 2 last week. I think it pretty much confirms that the LCBO will be taking up the lower level of Phase 2. Should be a pretty big LCBO location for the area, much bigger than the other locations near by.

(zoom in on the binder)

Im guessing this LCBO will replace the one that used to be next to Loblaws/The Queensway.

The side of the building looks pretty industrial... I like it!

[Chris-R]

Originally Posted by teej1984

Im guessing this LCBO will replace the one that used to be next to Loblaws/The Queensway.

The side of the building looks pretty industrial... I like it!

Nope: it's remaining too. It's the Beer Store that's leaving that location. In some tentative and limited ways, the LCBO is trying to be in more places.

[MattRichling]

The first four floors are starting occupancy this week (phase 2)....

[Rally2006]

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

[McC]

Relative? Relative to what?

[gjhall]

Originally Posted by Rally2006

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

Don't know what the price is, but I'm a sucker for a terrace. Faces EAST though, so you'll only really enjoy it if you're a morning person or prefer a bit of shade in the afternoon. Pretty good interior layout and what's not to like about a 400 square foot main living/dining/kitchen area for entertaining.

My 2 cents.

[MattRichling]

Originally Posted by Rally2006

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

Not to knock the terrace... but they can be a hard sell sometimes in Ottawa with such limited use due to our winters, for the extra money. If you can make the most of it, (grasses, hot tubs, seating, etc) then it can be worth it. The unit is pretty open on the inside as well so I do like that, but overall its still only 863sqft. Did you walk through the building heights? You will be over the "retirement home" next door, and be up around the terrace level for Opus - which is good...plus good views north and south. Overall "gjhall" pretty much hit it on the head.

Depends on price really... (I don't have my price list here at home with me)

[JackBauer24]

As the other two have posted - it depends on the price premium they are charging for this terrace. IMO a terrace can be a huge asset for a condo, especially if you are able to BBQ (many projects don't have gas bbq outlets on their balconies, but they offer them on terraces) and enjoy most of it year round (again many terraces are partially covered by the balconies above providing some protection from snow, rain, etc..).

I have lived in a few different condos and my current residence has a very large terrace, it's only me of 5 condos in a 100+ Condo building that has one, so it's a feature that makes my condo unique. The premium the vendor charged me for the terrace was $10,000 for 600+ sq ft. Terrace, which I thought was more than fair value. Now having lived with a terrace, it'll be difficult for me to go back to a condo without one - personally, if I was considering two condos - one with a view and one with a terrace, the terrace would win me over every time.

How big is the terrace and how much extra does it cost?

Originally Posted by Rally2006

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

[Rally2006]

Terrace is about 370 square feet, extra charge is 15k. Ceiling height for the unit is 10"1. I walked up to the 8th level of central 2, the retirement home does not block the view at all and is about a level or two below I would say.

@McC relative to other layouts of condos in that region

[Rob64]

Originally Posted by JackBauer24

As the other two have posted - it depends on the price premium they are charging for this terrace. IMO a terrace can be a huge asset for a condo, especially if you are able to BBQ (many projects don't have gas bbq outlets on their balconies, but they offer them on terraces) and enjoy most of it year round (again many terraces are partially covered by the balconies above providing some protection from snow, rain, etc..).

I have lived in a few different condos and my current residence has a very large terrace, it's only me of 5 condos in a 100+ Condo building that has one, so it's a feature that makes my condo unique. The premium the vendor charged me for the terrace was $10,000 for 600+ sq ft. Terrace, which I thought was more than fair value. Now having lived with a terrace, it'll be difficult for me to go back to a condo without one - personally, if I was considering two condos - one with a view and one with a terrace, the terrace would win me over every time.

How big is the terrace and how much extra does it cost?

Brother, you're scaring me. lol. I'm taking interim occupancy of a new condo next month and the condo itself is 600 sq/ft. Your terrace alone is 600 sq/ft.

[K-133]

Originally Posted by Rally2006

Terrace is about 370 square feet, extra charge is 15k. Ceiling height for the unit is 10"1. I walked up to the 8th level of central 2, the retirement home does not block the view at all and is about a level or two below I would say.

@McC relative to other layouts of condos in that region

In my personal opinion, terrace space is worth about 30% of the cost per square foot of the indoor space of a unit. So I'd evaluate $10,000 for 600 square feet as a great deal.

[JackBauer24]

Originally Posted by Rob64

Brother, you're scaring me. lol. I'm taking interim occupancy of a new condo next month and the condo itself is 600 sq/ft. Your terrace alone is 600 sq/ft.

Mines about 850 sq ft on the interior and it's a 2 Bdrm, so it wouldn't be competition to yours.

But don't worry, terraces aren't everything, but they are a great feature. There's lots of demand for 600 sq ft 1 bdrm condos.

[JackBauer24]

Originally Posted by Rally2006

Terrace is about 370 square feet, extra charge is 15k. Ceiling height for the unit is 10"1. I walked up to the 8th level of central 2, the retirement home does not block the view at all and is about a level or two below I would say.

@McC relative to other layouts of condos in that region

Are you able to negotiate that price down a bit? I'd say its worth it if you could get it for $8-10k. And 10' ceilings will make a big difference too, it'll feel much bigger.

[Boxster]

Originally Posted by Rob64

Brother, you're scaring me. lol. I'm taking interim occupancy of a new condo next month and the condo itself is 600 sq/ft. Your terrace alone is 600 sq/ft.

As we are talking terraces, I am moving into a new condo early next year that has a 856 sq ft covered terrace. This was the selling point for me as I cannot see myself on a 100 sq ft balcony.

[gjhall]

Originally Posted by Boxster

As we are talking terraces, I am moving into a new condo early neat year that has a 856 sq ft covered terrace. This was the selling point for me as I cannot see myself on a 100 sq ft balcony.

What do you mean by covered?