Historic Canadian Church Sold to Condo Developers – NMP Skip to main content

Historic Canadian Church Sold to Condo Developers

Phil Hall
Dec 26, 2014

A 106-year-old church in Canada’s capital has been sold for $4 million to a development team that plans to turn the property into a condominium complex. According to a CBC report, the Archdiocese of Ottawa sold the former Saint-Charles Church in the city’s Vanier neighborhood to Modbox, a start-up company created by the joint forces of the architectural firm Linebox and the building/project management company Lake Partnership Inc. Linebox founder Andrew Reeves stated that the structure will be transformed into a mixed-used complex with 30 to 35 condo units and retail outlets and restaurants on the property.

Saint-Charles was built in 1908 and was home to Order of Jacques Cartier, a French-speaking “secret-society” created to curb the growth of the Freemason movement. For a century, the church served Ottawa’s French-speaking Catholic community, but it closed in 2010 amid dwindling congregational attendance. Yet maintenance costs required a $25,000 annual expenditure. The proceeds from the sale will be split between the archdiocese and two of the parishes that were served by the church.

In 2013, the vacant church received heritage designation—the Canadian equivalent of landmark preservation status—from Ottawa’s city government. Linebox’s Reeves offered his assurance that the church will not be obliterated in its upcoming reconfiguration.

“The plans are to respect and engage this amazing church,” he said. “We look at it as an opportunity to play with an existing structure ... as well as the established past it has.”

Dec 26, 2014
Manufactured Housing: The New Affordable Alternative

While the housing market is grappling with widespread affordability and supply, manufactured homes are gaining ground as a new alternative. 

Industry News
Dec 03, 2021
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021