The Charlotte

The Charlotte is a new condo improvement in predevelopment status, situated at 560 Rideau Street, Ottawa, ON K1N 5Z8, Canada.

Highlights of The Charlotte

The Charlotte is an upscale 14-storey condominium residence developed by Richcraft Homes, located at 560 Rideau Street in Ottawa’s historic Sandy Hill neighbourhood. The project comprises 197 thoughtfully designed residential suites ranging from studios to two-bedroom units, with layouts that include flexible den or flex space options to suit diverse lifestyles. The design integrates timeless architectural elements — including brick and precast finishes — with modern aesthetics, allowing the building to complement its classic urban setting while delivering contemporary living standards.

Inside, the homes are crafted with features such as floor-to-ceiling windows, efficient working kitchens, elegant finishes, and 9-foot ceilings in principal rooms, all aimed at enhancing light, comfort, and everyday functionality. Suites are designed to appeal to both first-time buyers and those seeking refined, maintenance-free downtown living, all within walking distance of key Ottawa destinations.

In addition to residential space, The Charlotte also incorporates ground-floor retail and commercial space, adding to the neighbourhood’s urban vitality and offering future residents convenient services right at their doorstep. The project blends luxury condo living with walkable city life — making it a standout development in Ottawa’s core.

Property Details

• Property Name: The Charlotte

• Storeys: 14

• Suites: 197

• Bedroom: 1 - 2 Bedroom

• Bathroom: 1- 2 Bathroom

• Size: 375 - 978 Sqft

• Property Type: Condo

• Location: 560 Rideau Street, Ottawa, ON K1N 5Z8, Canada

• Price: Starting from $450,000

• Property Status: Pre-construction

• Selling Status: Registration

• Ownership: Condominium

• Developer: Richcraft Homes

Location and Neighbourhood

The Charlotte is situated in Sandy Hill, a central and deeply historic neighbourhood just east of Ottawa’s downtown core. Known for its mature tree-lined streets, heritage homes, and proximity to landmarks including the University of Ottawa, Rideau River, and Parliament Hill, Sandy Hill offers a rich urban tapestry blending residential charm with city convenience. Its location places residents a short walk from transit, shops, cafes, and cultural attractions, encapsulating true downtown living.

The Rideau Street corridor itself is a vibrant artery filled with local businesses, eateries, services, and easy access to the Ottawa Transit Authority’s OC Transpo routes and the nearby Rideau O-Train station. This connectivity makes commuting simple and positions The Charlotte as an ideal base for students, professionals, or anyone seeking a central Ottawa lifestyle without car-dependency.

Beyond services, the surrounding neighbourhood is anchored by parks and green spaces such as MacDonald Gardens Park, Strathcona Park, and Riverain Park, offering outdoor leisure options. Close proximity to the ByWard Market, Ottawa’s premier shopping and dining district, enhances the appeal — giving residents quick access to festivals, boutiques, nightlife, and cultural events year-round.

Reason to Invest In The Charlotte

Investing in The Charlotte offers compelling reasons tied to both location and lifestyle. First, Sandy Hill is one of Ottawa’s most sought-after residential communities, cherished for its proximity to major employment hubs, educational institutions, transit access, and vibrant city life. Properties in centrally located neighbourhoods like this tend to retain strong long-term value due to land scarcity and ongoing demand for urban living.

Second, The Charlotte’s mix of suite sizes — from studios to multi-bedroom units — broadens its investment appeal. Smaller units are often attractive to entry buyers and students, while larger suites can draw long-term urban professionals and downsizers. This diversity supports both owner-occupancy and rental demand, which can underpin consistent occupancy and rental income potential.

Finally, the combination of walkable lifestyle, strong amenities, and quality design by a reputable developer positions The Charlotte as a desirable address for both living and leasing. Amenities such as concierge service, landscaped outdoor spaces, social and fitness facilities, and retail at street level enhance daily life and make the building attractive to a broad demographic, increasing its long-term investment strength.

A Closer Look at the Ottawa Real Estate Market

The Ottawa real estate market in 2026 continues to be characterized by relative stability and balance compared with many other Canadian urban centres. While pricing growth has moderated compared with several years of rapid appreciation, demand for well-located urban properties — especially condominiums in central neighbourhoods like Sandy Hill — remains significant due to the city’s strong economic fundamentals and population growth. Ottawa’s market benefits from a stable employment base rooted in government, technology, and services, which helps sustain housing demand across market cycles.

In recent periods, condo inventory has increased and pricing has adjusted, creating more balanced conditions that may offer buyers a better entry point while still supporting long-term value retention. Urban infill developments and downtown condos continue to attract interest, particularly where they combine lifestyle amenities, transit proximity, and community appeal — all features embodied by The Charlotte.

Looking ahead, Ottawa’s ongoing infrastructure improvements, demographic steady growth, and urban intensification policies are expected to keep demand for quality condominiums strong, particularly in walkable, transit-rich locations where lifestyle convenience and investment potential intersect.

About Developer - Richcraft Homes

Richcraft Homes is a well-established and respected Canadian real estate developer with deep roots in the Ottawa region. Founded in 1983, Richcraft has built tens of thousands of homes and condos over more than four decades, earning a reputation for quality construction, thoughtful design, and solid customer relationships.

Richcraft’s portfolio spans a wide range of residential projects — from master-planned communities and suburban neighbourhoods to premium urban condominiums. The company is known for integrating contemporary aesthetics with functional living spaces and for investing in neighbourhood-enhancing developments that complement their surroundings. Their track record includes multiple award-winning projects and a focus on creating long-term value for buyers, making them one of Ottawa’s most recognized builders.

With The Charlotte and other urban condo offerings, Richcraft continues to demonstrate its expertise in delivering high-quality residential properties that appeal to modern living preferences, emphasizing community-oriented design and enduring construction.