Real Estate

Continuing a recent trend, most of the year-over-year increase was driven by construction on the Ottawa side of the river, where overall starts jumped 24 per cent to 740.
The average sale price of a residential-class property was $585,084 last month, up a whopping 20 per cent compared with July 2019.
Controversial proposal now calls for slightly smaller housing footprint and more green space.
Building near the northwest corner of Vanier Parkway and McArthur Avenue would feature 61 units in a mix of one- and two-bedroom suites.
SPONSORED
With many residents choosing to spend their holidays close to home this summer, several Ottawa attractions are adjusting their offerings to cater to those looking to explore hidden gems.
Firm specializes in maintaining commercial, retail and institutional properties.
Proposal would see three apartment highrises and a hotel with a total of more than 1,000 units constructed on vacant land south of Ogilvie Road and east of Cyrville Road.
Plan now calls for a 25-storey building with 5,500 square feet of commercial space plus 264 residential units and 160 underground parking spots.
Available sublease space jumps 11%, but still remains well below levels recorded in previous downturns.
The nine-storey development at Richmond Road and Churchill Avenue would feature commercial space on the ground floor and residential units on the eight floors above.