PRESS RELEASE: Unique Condo Bucks Trend – Sells 82% On Opening Day

Unique Condo Bucks Trend – Sells 82% On Opening Day. Surface Developments bucks the trend in a tough Ottawa condo market with unprecedented sales success on its newest condo project Canal Lofts.

OTTAWA, ONTARIO, May 18, 2016  – After opening day only 5 units remain in this luxurious boutique condo comprised of 23 unique residences and located at 150 Greenfield Avenue in Ottawa. Pent-up demand from past projects and exceptional value have driven quick sales notwithstanding a declining condo market. Company president Jakub Ulak was taken aback by the demand, “I expected to see some great results based on the incredible value we are offering with this building and the fact that it is located in such a fantastic location but the feedback we are getting from our clients has been way beyond what we had anticipated”.

Ottawa has been subject to a condo glut that has led to price decreases and lowered sales volume over the last three years. Surface Developments have countered that trend with all of their recent projects, including 59Percy, Hampton Park Lofts, and Edge LeBreton Flats, selling out within weeks of launch. Mr Ulak attributes the success to the value offered by his company’s projects, “We guarantee the lowest prices and make sure that our buildings have exceptionally low condo fees. We also couple this with top end finishes so that our buyers have nothing to upgrade.” Surface’s projects also include free features that lower utility costs for their buyers. The combination of aggressive pricing, high quality, and low monthly costs creates exceptional value that motivates even the most cost weary purchasers.
Surface Developments is an Ottawa based condo builder specializing in low rise custom designed projects that provide purchasers exceptional value and quality.

Contact: Jakub Ulak, B.Arch, MRAIC, President



Address: 88 Spadina Ave.Ottawa, ON, K1Y 2C1