The Charlotte Condominiums

POPULATION INCREASE & ECONOMICAL OUTLOOK

Ottawa is the capital city of Canada and is home to over 1,015,000 people making it the country’s 4th largest city. It is forecasted that Ottawa will be home to over 1,400,000 people by the year 2046 while employment is estimated to increase from 662,000 jobs to over 827,000 in the same time period. The rise in population along with the growth of the city will make Ottawa an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION

The city is serviced by Highways 417, 416, 174, Light Metro, Rapid Transit as well as OC Transpo Public Transit, all of which connect you to everywhere you need to go with ease, as well as the Ottawa International Airport. The city is also home to a number of Post Secondary Education Institutions including the University of Ottawa, Carleton University, Algonquin College and more.

HOUSING NEEDS

Ottawa has been and will continue to experience tremendous growth. It is estimated that the city will need over 100,000 homes by the year 2031, which will keep the demand for real estate values and rent prices strong.

REPUTABLE BUILDER

Richcraft Homes, starting with one home, then two, and then 13,000, has been building homes in Ottawa since 1983. Their priority has always been quality and appreciating the privilege of building their clients’ dream homes, it has kept unwavering commitment to excellence.