Relevé Ottawa [400 Albert St] | 78/98m | 23/29f | U/C

[J.OT13]

Originally Posted by SL123

^ if only these were built in a more prominent location like Lebreton flat and turned toward the river.

Or if they stuck with the original heights of 38, 33 and 18. The 29 floor tower is just short enough that it's obscured from all north-east angles, and will be obscured by the 35 storey Marriott.

[urbanforest]

Maybe I'm being picky, but this mechanical curtain is ugly as heck. Also, I feel for whoever will have to climb down and install the single missing piece of cladding.

[J.OT13]

I agree, the mechanical penthouse screen looks quite bad. Luckily, it's the shortest tower and not very visible from any angle.

[J.OT13]

Retail leasing info from Instagram.

Retail Leasing Now at RelevéJoin a striking new mixed-use development in Ottawa’s downtown core at 400 Albert Street.

• 1,556 SF to 19,000 SF available
• 567 residential units above
• 54 dedicated retail parking stalls
• Corner view from Albert Street and Lyon Street
• Located one block south of the Lyon St. Station

Now pre-leasing for 2025 — ideal for café, wellness, boutique fitness, restaurants, grocery & more!

https://www.instagram.com/mainandmain/p/DLAZbVrRvv-/?img_index=1

[J.OT13]

Opening of new luxury apartment building marks major step in revitalization of downtown Ottawa
By Kimberley Fowler CTV Ottawa
Published: September 10, 2025 at 6:28PM EDT



Downtown Ottawa is getting a new look.

Relevé is made up of two luxury apartment towers the corner of Albert and Lyon streets. One of the buildings officially opened on Wednesday, marking a major step revitalizing the downtown core.

“We wanted to bring a building that would bring people back downtown,” says Rick Iafelice, Main+Main CEO and founder.

Main+Main along with Westdale Properties and Centurion Asset Management Inc., make up the ownership group that developed and built the luxury apartments.

The 29-storey and 23-storey buildings are breathing new life to the neighbourhood. It has struggled to bounce back from the COVID-19 pandemic that saw many businesses shut down or relocate out of the downtown core.

“This building is one of the first buildings to come here (after the pandemic),” says Iafelice, “and we’re trying to make it fun and where people want to live here and come back to work downtown.”


The goal for the ownership group is to tailor the apartments to the needs of anyone living and working in the area. A new Food Basics is now open right across the street, and the Lyon LRT station is steps away.

The buildings also come with upscale shared amenities including a state-of-the art fitness centre, yoga studio, and golf simulator. There’s also an ‘Entertainment Zone’ with a pool table and karaoke machine, a catering kitchen, meeting and dining rooms, and a co-op space for residents who work remotely.

“We have an open communal workspace for people that are working from home,” explains Michael Kazarian, Main+Main director of construction. “It allows an individual to go down, take a meeting from there and really lock down in that space.”

There’s also an outdoor swimming pool, lounge area, and communal BBQ stations.

The Ottawa Board of Trade expects the buildings to provide boost to the city’s downtown core. Mallory Clyne, Directory of Advocacy & Economic Development, says, “It’s great news for the downtown because it means that the downtown won’t shut down at five o’clock when you know office workers go home. There will be people living here there will be people going to the new grocery store to the Food Basic right across the way and they’ll be enjoying downtown. They’re going to increase foot traffic they’re going to patronize local businesses.”

Studio apartments, and 1, 2 and 3-bedroom units cost between $1,900 and $3,300 a month.

https://www.ctvnews.ca/ottawa/article/op...ep-in-revitalization-of-downtown-ottawa/

[J.OT13]

First time I'm not offended by the term "luxury apartments". Based on how it looks outside, one could believe it.

Apartment prices seem... reasonable?

Overall, this project adds a lot to Downtown. Looking forward to hearing what will move into the retail space.

[rocketphish]

T.O. firms behind luxury downtown rental complex eye more builds in 'strong' Ottawa market

David Sali, OBJ
September 16, 2025



The Toronto-based developers of two luxury apartment towers in downtown Ottawa say they are looking at more development opportunities in a bid to satisfy ongoing demand for rental housing in the National Capital Region. Main and Main Developments and Centurion Asset Management are two of the companies behind Relevé, a new project at the corner of Albert and Lyon streets consisting of 29- and 23-storey highrises with a total of 560 rental apartment units. During the official opening of one of the towers last week, Centurion executive vice-president of property operations Stephen Marshall told OBJ he hopes the project will attract new residents to the city’s core. “I think this is all part of the revitalization of the downtown,” said Marshall, whose company was the lead investor in the development and will manage the property. “All of this adds up to a new, vibrant downtown where people are going to want to live.” Marshall pointed to the site’s proximity to the new Food Basics store that recently opened on Queen Street and the nearby Lyon LRT station as major draws for urban dwellers who want to be close to shopping and transit. “You look across the street, there’s grocery shopping now where there wasn’t a year ago,” he said. “You can live here and function without a car if you need to.” Main and Main director of development Emily Edmunds said 130 of the 560 units at Relevé have already been leased.

She said Ottawa landlords continue to see brisk demand for apartments – in contrast to Toronto, where more and more property owners are offering incentives and where rents reportedly dropped slightly in the second quarter as the city’s condo glut intensifies and investors who can’t sell their units are putting them up for rent instead.

Edmunds said Main and Main is seeing steady rental activity at Relevé and Maison Riverain, another of its Ottawa developments underway in Vanier that will ultimately include three highrises ranging from 22 to 32 storeys on Montreal Road containing about 1,100 residential suites and more than 25,000 square feet of retail space. The first tower on Montreal Road is complete, with the second slated to be finished in 2027. Edmunds said there are about 150 people living in the 294-unit building that's now ready for occupancy. “We’ve had a fantastic summer on both projects,” she said. “Leasing interest has been very strong and consistent all summer, and we’re looking forward to continuing that momentum. Definitely, there’s a different feeling here than in the GTA in terms of lease-up and momentum and construction starts.” Indeed, Ottawa builders are continuing to churn out apartments at a near-record pace. The Canada Mortgage and Housing Corp. said Tuesday the city has recorded nearly 5,900 multi-unit starts in the first eight months of 2025, up 67 per cent from a year ago. Marshall said Ottawa isn’t nearly as much of a condo market as Toronto, meaning builders of purpose-built rental apartments in the capital face less competition from condo investors who can’t sell their units. Centurion now manages three rental properties in the Ottawa region and is hoping to add “another one or two” developments to its portfolio in the National Capital Region, he added. Marshall said the company is eyeing potential sites in Kanata and other neighbourhoods with strong employment that are currently underserved by rental housing.

While he noted that overall population growth is slowing, he still sees plenty of upside in the Ottawa market.

“Ottawa is a core market for us. We see this as a community that will benefit from additional rental housing, and we want to be part of that,” Marshall said. “We’re very pragmatic at how we look at where we want to be. Location is key, but also what stage are developments at because you don’t want to start something when you know there are four or five thousand units being developed within a two-kilometre radius. “We like the Ottawa market. We’ll be here. We’re going to grow here.” Main and Main is also jumping into the Kanata market in a big way. The firm owns 14 acres of development land at the corner of Terry Fox and March roads, where it plans to construct as many as 10 buildings that could include more than 2,000 residential units. Edmunds called Ottawa a “strong rental market” thanks to its stable economy anchored by the federal government and tech sector. She said Main and Main continues to be bullish on the region’s future development prospects. “We’re always looking for a great opportunity and a great site to build (on),” she said.

https://obj.ca/firms-behind-luxury-rental-complex-eye-more-builds-in-ottawa/

[Soi-Fon]

I went inside for a tour the other day: it's so small and cramped inside! All that for $2700 monthly is crazy, why would you pay so much for such a little space? I am too much of a young boomer to grasp today's housing market!

[rdaner]

Great! The next census is going to be so interesting!

[Harley613]

Originally Posted by rdaner

Great! The next census is going to be so interesting!

I'm guessing we are going to be just shy of 1.7 million, Edmonton will be very close, and Calgary will be around 1.9 million.

[OTownandDown]

I for one can't wait for the scupper waterfall to be in action. Next time we get a good rain, I'll have to go down to take a look. Should be spectacularrrre.

Does anybody know if there are also area drains on the terraces, or just the scupper waterfall?

Also, walked past. Kudos to the builder, this is a great addition. And lots of residents in both buildings already.

The easter egg backwards cladding panel is still there, I suspect it is a feature not a bug, at this point

[BlueJay]

Originally Posted by OTownandDown

I for one can't wait for the scupper waterfall to be in action. Next time we get a good rain, I'll have to go down to take a look. Should be spectacularrrre.

Does anybody know if there are also area drains on the terraces, or just the scupper waterfall?

Also, walked past. Kudos to the builder, this is a great addition. And lots of residents in both buildings already.

The easter egg backwards cladding panel is still there, I suspect it is a feature not a bug, at this point

Those terraces with the overflow scuppers also have drains. Only tower A has tenants at this time. Tower B is going for the first few levels for Occupancy in a few weeks.

Overall it is a great project minus the balcony rails and balcony slab edge tin cladding that looks terrible with the oil canning and overload of screws.

[golfguy9]

Originally Posted by Harley613

I'm guessing we are going to be just shy of 1.7 million, Edmonton will be very close, and Calgary will be around 1.9 million.

It's crazy how a city of only 200k more seems to be more lively than here.

[qprcanada]

Originally Posted by golfguy9

It's crazy how a city of only 200k more seems to be more lively than here.

That will come with increased density.

Anecdotally, I have lived in Little Italy for almost 20 years and with all the condo developments and infills in recent years along with Line 2, there is definitely more of a buzz and more people at all times of the day and night around Preston St, Dow's Lake and the Arboretum.

[Fraser]

Originally Posted by golfguy9

It's crazy how a city of only 200k more seems to be more lively than here.

I think the geographical size of Ottawa has a lot to do with it. The fact our million plus population is spread out over an area generally the combined size of most major municipalities has a big impact.

If we were 1M and our city limits were the greenbelt, I bet it would feel more lively / urban.

[OTSkyline]

Greenbelt aside, is Ottawa really more "spread-out" than Calgary or Edmonton?

[kwoldtimer]

Originally Posted by OTSkyline

Greenbelt aside, is Ottawa really more "spread-out" than Calgary or Edmonton?

Not sure how the Greenbelt can be "aside".

[ponyboycurtis]

Originally Posted by Fraser

I think the geographical size of Ottawa has a lot to do with it. The fact our million plus population is spread out over an area generally the combined size of most major municipalities has a big impact.

If we were 1M and our city limits were the greenbelt, I bet it would feel more lively / urban.

We also have the Provincial divide. I basically do not ever cross the river to work or play or shop. I know one couple that lives close to Aylmer and I never see them.

[phil235]

I'd also question whether Calgary is more lively than Ottawa. Certainly not my experience.

[YOWflier]

Yep, ditto.