Why a growing supply of luxury apartments is good news for Ottawa realtors

As demand for properties in Ottawa continues to rise, a high-end apartment development in Barrhaven is creating up new business opportunities for local agents.

Lépine Apartments’ Howard Grant – now open for residents – is one of the developer’s latest projects, designed for those seeking a resort-lifestyle in the city.

Fully equipped with large, modern suites, luxury finishing’s and on-site amenities such as an indoor salt water pool and fitness centre, at Howard Grant, real estate agents can introduce their longstanding clients to a whole new way of life.

“The luxury rental market is the perfect fit for homeowners looking to right-size to an apartment,” says company president Francis Lépine. “In this market, realtors should be helping their clients see what they stand to gain by selling their home in favour of a stylish new apartment unit.”

New listing opportunities

While homeowners stand to benefit from the lifestyle afforded by a new luxury apartment, realtors also have the opportunity to secure a new listing.

Having typically helped their clients through several previous moves, agents can advise their clients on how best to profit from the built-up equity in their homes.

And with Howard Grant’s sleek designs and spacious layouts, Lépine makes it easy for realtors to start that conversation.

“People often have an outdated impression of apartment buildings, but Lépine is completely redefining the rental market,” says leasing agent Stacie Willson. “Homeowners are often struck by the amount of space they can still have when they right-size.”

Each unit hosts large panoramic windows and an open-concept flow, making it easier for homeowners to visualize themselves moving to an apartment.

The large eat-in kitchens provide plenty of storage and pantry space and include high quality appliances and materials such as granite countertops and wood cabinetry.

The bedrooms also offer beautiful views of the community and feature floor-to-ceiling built-in wardrobes, maximizing the space available for tenants.

Right-sizing in Barrhaven

The Barrhaven community is also a major draw for residents.

Howard Grant is located near the community’s main shopping hub and is minutes away from local schools, restaurants and transit stations. The development is also a short drive from Chapman Mills and local parks.

As Howard Grant opens up, agents across the city should speak to their long-standing clients about booking a viewing.

“We’re seeing more and more people choose to make a luxury apartment their home,” says Lépine. “Realtors can play a pivotal role in helping their clients realize the opportunity they have for a new high-end lifestyle.”