Tamarack Flora [488-500 Bank St] | 31m | 9fl | Completed

[rakerman]

Originally Posted by 1overcosc

$179,900? That's really cheap, which makes me a bit suspicious.

The Toronto units start at 276 sqft http://smarthousetoronto.com/pdf/TL1.pdf

[acottawa]

Not sure I could live there, but it would be interesting as a pied-à-terre.

[nredding]

The starter Toronto units cost $825 per square foot!

[McC]

Including the custom furniture.

[gjhall]

Small space is about smart design. Slightly larger, but check out this 425 sq ft apartment in New York: http://ny.curbed.com/archives/2014/07/08/tour_an_impressively_roomy_425squarefoot_nyc_apartment.php Looks much larger to me thanks to some very good use of space.

[waterloowarrior]

site plan application is in - Roderick Lahey is now the architect. Design is a bit more plain than the original Core Architects design.
http://app01.ottawa.ca/postingplans/appDetails.jsf?lang=en&appId=__9A12N8

[YOWetal]

Originally Posted by nredding

The starter Toronto units cost $825 per square foot!

The Toronto project is in a much better location compared to this project. I would guess this project would have done much better a few years ago when there were a lot more fresh grads pouring into Ottawa and starting well paid gov't jobs. That real estate engine has definitely slowed.

[OTSkyline]

^ Yes, but then again, demand for cheaper or lower priced real estate has never been higher (with the average home price in Ottawa over 360K, giving the market an option of 200K is what Ottawa needs to show that the real estate isn't completely dead here, it just needs different projects (not all "luxury condos" and "freehold mattamy townhomes".

[jimmyjones]

Originally Posted by OTSkyline

^ Yes, but then again, demand for cheaper or lower priced real estate has never been higher (with the average home price in Ottawa over 360K, giving the market an option of 200K is what Ottawa needs to show that the real estate isn't completely dead here, it just needs different projects (not all "luxury condos" and "freehold mattamy townhomes".

But going into the debt has never been easier!

[rakerman]

"units ranging from studios at 315 square feet up to 596-square-foot two bedrooms. Starting at $179,900"

315 sqft at 179900 = $571/sqft

from Micro condos on the way

[rocketphish]

"Typical Floor Plan"



http://webcast.ottawa.ca/plan/All_Image%...%20Site%20Plan%20and%20Floor%20Plans.PDF

[rocketphish]

They should have called it "The Sardine House".

[Urbanarchit]

Wow, that's a lot of units for such a small space. But by the looks of it, the units aren't super small if they're 300-500sqft. My apartment in Montreal was 250sqft, mostly being one giant 150sqft room.

[1overcosc]

^ Same with my current apartment in Sandy Hill. Its 249 square foot total. Minus the bathroom, closet space, and entranceway, its only 144 square feet. And its surprisingly liveable. I wouldn't want to live there as my permanent home for the rest of my life, but if it was a second home/pied-a-terre kinda thing and/or I had a lifestyle where I was almost never at home, I would consider it. I'm living in it now for the cheap rent to save up for a down payment on a house someday.

I can see these things being purchased by MPs, diplomatic workers, and other such people who are only here part-time.

[Urbanarchit]

Originally Posted by 1overcosc

^ Same with my current apartment in Sandy Hill. Its 249 square foot total. Minus the bathroom, closet space, and entranceway, its only 144 square feet. And its surprisingly liveable. I wouldn't want to live there as my permanent home for the rest of my life, but if it was a second home/pied-a-terre kinda thing and/or I had a lifestyle where I was almost never at home, I would consider it. I'm living in it now for the cheap rent to save up for a down payment on a house someday.

I can see these things being purchased by MPs, diplomatic workers, and other such people who are only here part-time.

True. I think if I had a unit 500-750sqft that would be more than enough for me and a partner (and maybe children, though I don't plan on any) to live in very comfortably. But it is all about location. If you're not in a good place with nice amenities you might feel cloistered in your unit.

Small, functional units for temporary people would definitely be great. Sort of like Nakagin Capsule Tower in Tokyo, where businesspeople who missed the late trains home can rent out for the night to sleep in. Though I can't imagine MPs wanting to live in small units too much, as I bet they'd rather spend the extra money for a larger place.

[MattRichling]

The first VIP Launch (intended for those who already purchased or "supported") will be Thursday September 18th from 6pm-9pm at the sales office (455 Bank St, the previous sales office for Central/Hideaway).

I will have more information before that (pricing , and floor plans), and will share once I get them in.

Short blog post on the VIP Launch

[YOWetal]

Originally Posted by MattRichling

The first VIP Launch (intended for those who already purchased or "supported") will be Thursday September 18th from 6pm-9pm at the sales office (455 Bank St, the previous sales office for Central/Hideaway).

I will have more information before that (pricing , and floor plans), and will share once I get them in.

Short blog post on the VIP Launch

Cool project. Thanks for posting the blog link. I would be concerned with the separate metering of utilities. This can get expensive as in addition to your consumption you will have to meter and account fees. Good for investors though as you can dump this cost on your tenants instead of paying it in condo fees.

[Urbanarchit]

I believe this is a more detailed rendering. I like how it's using a darker cladding.

[Boxster]

21 doors per floor. More doors than wall!!!!

Pretty hazardous getting in and out of your shoe box.

[J.OT13]

Originally Posted by defishel

I believe this is a more detailed rendering. I like how it's using a darker cladding.

I like it. Clean and simple. Not identical to Central Phase I/II/III.