SoBa Condo Ottawa is Lamb Development Corp and Fortress Real Developments newest condominium project in Centretown, Ottawa located at 203 Catherine St. The name SoBa comes from the idea of the building being ‘South on Bank’, Bank St being a popular street in Ottawa that runs through the Centretown, Glebe and Ottawa South neighbourhoods. Architecture for the building is being done by CORE architects and interior design by II BY IV DESIGN. The building is currently under construction and completion is scheduled for 2019. The 23 storey tower represents urban living in Ottawa’s core with its prime location and modern design. SoBa Condo Ottawa will feature a total of 240 units. The units will range in size from 465 sq ft to 1,264 sq ft.
SoBa Condo Ottawa will be an urban resort in downtown Ottawa. The piece de resistance at the building is the Spa Pool at the Skygarden. This area will be complete with a spa pool, private cabanas, dining areas, and chaise lounges. The Skygarden will be west-facing for residents to enjoy all day sun and gorgeous evening sunsets. Right off of the Skygarden there will be an indoor party room. The party room will include a fully equipped kitchen, dining areas, as well as lounge areas. Residents can hang out in this space or reserve it for private functions to entertain guests. SoBa Condo Ottawa will also feature a 24-hour concierge, building security, underground parking and storage lockers.
With impressive views, and unique exterior and interior design, SoBa will be a spectacular building to call home. SoBa Condo Ottawa is located along the edge of Ottawa’s Centretown neighbourhood with the Glebe to the south, and downtown to the north. Its central locations puts it right in the middle of everything Ottawa has to offer. The building also features easy access to Ottawa’s main highway, the Qntario Highway 417.
SoBa Condos Summary
The idea behind SoBa is “South on Bank” – or, SoBa. Not just a condo development, rather a movement to redeem a barren part of Ottawa’s Centre Town. Wedged between the QE highway, the Glebe to the south, and Ottawa’s Centre Town and downtown north, SoBa is an area ripe for reinvention. SoBa the project is all that. It will single-handedly redeem the area. Rising 23 floors, the three oscillating residential zones play with the eye and offer something of beauty to an area long denied of such a thing. SoBa houses 240 suites.
AMENITIES & FEAUTRES
Skygarden party room
Floor to ceiling windows
Pre-finished engineered wood floors (except bathroom & laundry room)
Porcelain floor tile in bathroom
European style kitchen cabinetry
Stone surface counter top
Stacked washer & dryer
Stainless steel – fridge, gas range, dishwasher, microwave/vent
Gas BBQ connection provided on balconies and terraces
Ottawa has transformed over the last five years to be one of the strongest real estate markets in the country and here’s why:
Increased restrictions on suburban development have led to a rapid decrease in development over the last four years and are at historically low levels.
Strong investment fundamentals:
– Highest median house hold income in the country at $86,000.
– Major private sector employers beyond government.
– Few new development projects in the pipeline to increase supply.
Independent experts like international ratings agencies Moodys Analytics predict that Ottawa will be the highest appreciating markets in Ontario over the next five years and one of the top markets in the country.
Immediately cashflow positive – rents in Ottawa are so high and prices are still more affordable that we don’t need to wait to be making money!