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From commercial to comfort: CLV Group Developments transforms Albert Street building into new luxury apartments

CLV sky lounge
CLV sky lounge

Mention the address 473 Albert St. to anyone familiar with Ottawa’s downtown core and they’ll likely know the building: a large, beige, grid-style office tower near Bronson Avenue.

At least, it was.

The decades-old building was recently purchased by InterRent REIT and is currently being reimagined as a one-of-a-kind crafted living space thanks to local developer CLV Group Developments.

In an effort to boost Ottawa’s central apartment supply, CLV Group and InterRent are transforming the traditional office tower into The Slayte, a luxury apartment development that will be home to over 150 elevated rental suites.


“When this dated office building came up for sale, we saw a unique opportunity to repurpose its use by adapting it into much needed housing,” says Brad Cutsey, InterRent REIT’s CEO. “We are very excited about the transformation taking place and the way we will be adding much needed rental supply to the market in a low impact way.”

With help from local consultants including Linebox Studios and Bassi Construction, both the interior and exterior of 473 Albert St. will be reconstructed, with sustainability and adaptive reuse in mind – not an easy task given the building’s previous life as an office building. “It would have been much easier to demolish the building and start over, but we saw the importance in repurposing the building and how much waste is diverted from landfills when reutilizing the structural elements and other infrastructure of the building,” says Oz Drewniak, president of CLV Group Developments.

When completed, the Slayte will feature bright and spacious suites outfitted with modern finishings, providing an array of living options suited to any lifestyle, including beautiful bachelor suites and spacious two-bedroom plus dens. Sleek black fixtures, under-cabinet lighting, quartz countertops, stylish light fixtures and ceramic tiles in the bathrooms are carried throughout the building’s suites, along with Juliette balconies on select suites.


Residents will also have access to central air-conditioning, an in-suite washer dryer as well as six appliances for all their cooking needs. Combining functionality, quality and style, all suites are being designed with what residents are looking for. “We even went back to the drawing board during the pandemic to redesign some suites and amenities in order to create work-at-home spaces to ensure The Slayte would be relevant well into the future,” says Drewniak.

“We wanted to ensure this wasn’t just any other rental apartment building,” he adds.

Inspiring amenities in a top-tier location

Leasing a suite at The Slayte opens the door to a carefree style of living where everything you need is at your fingertips – both inside and outside of the building.

Inside, The Slayte is fully equipped with a stunning two-storey lobby, a state-of-the art fitness center – including a yoga studio – a large business center with flexible workspace options, underground parking and a smart hi-tech mailroom.


The building also includes a Sky lounge, equipped with a kitchen, theater area, games and floor-to-ceiling sliding windows creating an indoor-outdoor oasis.

Outside, on the rooftop terrace, the building boasts panoramic views of the city along with a hot tub, BBQs, seating areas and fire pits for residents to enjoy.

The development’s central location is also a key selling feature.

“The downtown core is rapidly evolving from what used to be predominantly office buildings, into a more mixed-use environment where residential uses are playing an important role in the vitality of the area,” says Drewniak.


Located just steps away from the LRT Lyon station, The Slayte – which is also a pet-friendly building – connects its residents with not only the downtown core, but with some of the greatest neighbourhoods in the city, along with green spaces, vibrant shops, bike paths, restaurants and cafés.

With the building expecting to welcome residents this September, there’s no better time to think about what downtown living could mean for you.

“The attention to detail and programming can be seen everywhere in the building,” says Drewniak. “We’re super proud of our team and partners who have been working tirelessly to make this a reality. We can’t wait to open our doors!”

To find out more about The Slayte, visit