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When the time comes, downsizing to a smaller living space can mark the beginning of an exciting new chapter in your life. If you’re thinking about moving on from your luxury home in Manotick, this can feel like a big change. Whether you’d like to buy or rent next, the good news is that there have never been more options for downsizers who are looking to remain in the luxury market.
Here are a few things you need to know about downsizing in 2022, along with our hand-picked highlights of luxury condos and rental apartments in the Ottawa region.
Thinking it’s time for a smaller living space? Check out the benefits of downsizing at the right time here.
Downsize Without Sacrifice
If you currently live in a luxury home in Manotick, chances are you like having space. While downsizing can be a big adjustment, it’s important to recognize that moving to a smaller living space doesn’t mean sacrificing a high quality of life. In many cases, downsizing can open up a whole new world of opportunities, making life exciting and convenient.
Many modern condos and purpose-built rental developments offer countless amenities for residents. From on-site fitness facilities to rooftop patios and everything in between, life after your luxury home has a lot to offer. As a growing number of luxury developments arrive in the Ottawa area, options for downsizers are steadily increasing. In addition to these benefits, downsizing can mean enjoying more time outside. Many of the new communities centred around downsizers and younger families are uniquely walkable and feature lush green spaces.
Ontario’s seller’s market has continued to heat up in the past few years. As a result, there’s never been a better time to be a seller. That being said, when it comes to luxury properties, there are a few nuances and special factors that come with ensuring your home sale is a success. Partnering with a local real estate agent who has experience selling high-end properties is a crucial part of the sales process. This is especially important if your property has unique features such as a waterfront or acreage.
In some cases, opening up your home to the international buyer’s market can help you get the best price for your luxury home in Manotick. An expert agent will not only be familiar with the global sales process, but they’ll also have relationships with international agencies to help market your home once it’s for sale.
The leading sales platform for international buyers, Royal LePage Carriage Trade is the best place to list your luxury property internationally. As experienced luxury sellers, the Wright team can get your home listed on Carriage Trade and marketed to global buyers as it enters the local market.
Thinking about selling your home? Explore these resources.
- Should You Buy or Rent Your Next Home
- How Real Estate Lawyers Facilitate Your Transaction
- A Guide to Home Inspections in Ottawa
The Condo Lifestyle
Owning your own home brings a seemingly endless number of advantages and freedoms. The same thing goes for condos. In fact, selling your luxury Manotick home doesn’t mean losing out on the financial and lifestyle perks of ownership. If buying a condo is part of your next chapter, consider these luxury developments in the Ottawa area that are perfect for downsizers.
1451 Wellington is one of Ottawa’s newest luxury condo developments. Located along Island Park Drive, the building features a variety of floor plans to meet buyers’ needs. You’ll also find some truly amazing on-site amenities including an entertainment room, pool, car wash and fitness centre. The sought-after Westboro neighbourhood offers residents some of the city’s best cafes and restaurants.
reResidences is truly one of the most unique luxury condo developments in Canada. Overlooking Parliament Hill, this building offers incredible views you simply won’t find anywhere else. The building’s diverse array of spacious floor plans are built with high-end living in mind. You’ll also find plenty of amenities at your fingertips including private lounges, housekeeping services, an in-house movie theatre and a sauna.
Want more options? We can help you find what you’re looking for. Talk to us.
Perks of Purpose-Built Rentals
Like owning a condo, choosing to rent also comes with its share of advantages. One of the best parts of renting is not having to worry about certain maintenance aspects of budgeting for surprise costs. If you’re considering renting next, here are a couple of luxury options in the Ottawa area.
Milieu Modern Apartments offers sleek, furnished luxury suites in the heart of Greystone Village. The building features a handful of floor plan options, all of which are pet-friendly. With the best of Ottawa right outside the front door, these apartments are perfect for downsizers looking to embrace everything the city has to offer. The modern amenities such as underground parking, fitness centre, expansive storage facilities and on-site shops make life a breeze.
For a retirement-centred rental experience, consider Rivera Windsor Park. Located in the Windsor Park Village neighbourhood, this building offers spacious, modernized suites in a variety of floor plans. Residents have access to the same amenities you would expect with a typical luxury apartment building, including a billiards room, fitness centre and theatre.
Want to explore new areas in and around Ottawa? Check out some of our neighbourhood profiles below.
If you’re ready to begin your downsizing journey, get in touch.