Capital Hall Condominium answers student housing needs near Carleton University

Ottawa, October 2, (CINEWS) Capital Hall Condominiums, now being developed by Ottawa’s Ashcroft Homes, will deliver first-class and affordable residences to the capital city while filling a dramatic need for student housing in the area. The two tower 500+ unit project is in the heart of Little Italy, one subway stop from Carleton University.
ashcroftOne of the towers, Capital Hall, will be a stunning 26-storey brick and stone tower overlooking Dow’s Lake, downtown Ottawa and Carleton University. The residences are just two minutes from the Carling Station subway stop, and a four minute ride on the newly-expanded O-Train to Carleton University. The condos will also be nearby restaurants, bars and bistros and shopping, as well as fitness-friendly green space with jogging and bike trails, along with the recreational amenities of Dow’s Lake.
Carleton University has enjoyed an 18 per cent growth over the past 10 years (including a 43 per cent increase in international student enrollment) and its current student population is close to 28,000. Capital Hall will benefit by this continuing stream of new students attracted to the prestige and reputation of Carleton.
The project represents an income-driven investment with the security of real estate, and provides a positive cash flow opportunity in addition to the steady growth in Ottawa real estate prices.
Suites at Capital Hall range from studios to two bedroom with two washrooms and are thoughtfully-designed with functional and flexible floorplans for efficiency in everyday living. The furniture packages available allow Capital Hall to be turn-key ownership and ready to rent, including beds, side tables and lamps, living room and dining room furniture, chairs and television.
Capital Hall also features 8,000 square feet of student-friendly amenities including a fully-equipped fitness centre, party room, lounge with secluded study areas and a landscaped outdoor courtyard.
Ashcroft_Night DayAshcroft Homes’ CEO David Choo said, “Most important, Capital Hall has been designed as an environment where students will thrive in a safe and secure atmosphere. Ashcroft Homes’ ‘Envie Brand’ is a lifestyle-focused approach to student condos designed the way students wish to live. Envie features a lifestyle program manager to help students balance university work and social lives, and Capital Hall also features 24 hour security, closed circuit cameras, on-site housekeeping services, and 4,000 square feet of ground floor retail featuring a grocery store and coffee shop.“
An additional benefit is that it is being built by Ashcroft Homes, one of the most respected names in the Ottawa real estate development industry. Ashcroft Homes is recognized for building homes to the highest standards of quality, distinguished by architectural intelligence and designed with style and flair. In the past decade, it has built thousands of singles, townhomes, retirement residences and luxury lifestyle condominiums in Ottawa’s most desirable and vibrant locations.

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