Ottawa condo project sells out in less than a day
Apr 05, 2017, 11:08 ET
Unique project bucks trend in a struggling market
OTTAWA, April 5, 2017 /CNW/ - Surface Developments defies all odds in a stagnant condo market and sells out their Parkdale Market Lofts project in less than a day.
Company president Jakub Ulak is taken aback, "I expected a good response, but we had to start cancelling appointments with potential buyers the afternoon we launched, that's how quickly the units sold, a lot of people were left disappointed." The 25-unit boutique condo is located at 12 Hamilton Street in the heart of the Parkdale Market in Hintonburg. It features open-concept New York style lofts geared towards the empty nesters and millennials looking to live in an affordable space close to everything. This will be the first condo project built on the historical Parkdale Market, with views of both the park and the market.
"We were a bit worried about announcing the project when so many other developers have had to postpone or cancel theirs", he said. Even if Ottawa has been subject to delays from some of the biggest developers, Surface has countered that trend by selling out recent projects like Edge Lebreton Flats, Canal Lofts and Hampton Park Lofts. Mr. Ulak attributes the success of the launch to the value offered by his company:
- Great locations, lowest condo fees in the city and always close to transportation.
- Completely custom finishes, and an opportunity to sit down with an architect one-on-one to design the condo
- Virtual reality tours – "having our clients walk through their potential homes in virtual reality added to the emotional connection", Mr. Ulak stated.
Surface Developments is an award-winning Ottawa based condo builder specializing in low-rise custom designed projects that provide purchasers exceptional value and quality.
SOURCE Surface Developments
For further information: Tania Zygar, Surface Developments, 613-233-4210, [email protected]
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