Sales lady mentioned that 1st rental tower will be built, then the condo (Claridge Royal) and later the 2nd rental tower will be built. They will come in phases to make sure they do not compete with each other from rental prospective.
A grocery store (Metro) will be built which is always a plus point.
I do not mind closing something further out in 2023-2024, and let the value of the property go up without hassle of a mortgage right now.
Only concern is the location, did not find the area to be attractive now due to few homeless shelters around (salvation army on George St, shepherds of good hope on King Edward, Ottawa mission closer to Rideau/Waller st).
Most of the employment (govt offices) are in downtown west side between Elgin & Bronson st.
Not sure how attractive this area will be from investment prospective.