Real Estate

Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.

House prices to increase 2% in Ottawa this year, Royal LePage forecast says

Markham developer plans three-storey ‘wellness spa’ next to Brookstreet Hotel in Kanata North

The city’s planning and housing committee has approved a zoning amendment to allow a “destination wellness spa”...

‘You have to be creative’: The long, winding road to converting 360 Laurier Ave. into apartments

At first glance, the terrazzo tiles in the lobby of an 11-storey apartment complex at 360 Laurier...

City committee gives green light to ‘landmark’ two-tower development in Centretown

A proposal to build two “landmark” highrises in Centretown has been approved by the city’s planning and housing committee.

Minto boss wants to see more ‘creative solutions’ as developers grapple with rising costs, fees

Even as inflation, taxes and other worries occupy much of his head space, Minto Group CEO Michael Waters says he remains optimistic that industry and government can find solutions if they put their heads together.

‘We were unable to grow’: Michael Waters on why it was time to take Minto Apartment REIT private

Minto Group chief executive Michael Waters probably speaks for most people in his industry when he offers...

CLV Group’s Gladstone development to proceed after agreement reached with city over fees

A multi-tower development in Little Italy that was potentially going to be scuttled due to provincial bylaw changes is back on track after a decision from city council earlier this week.

Fee cuts aimed at spurring office-to-residential conversions show ‘positive signs,’ councillor says

Measures such as a pilot project aimed at spurring more office-to-residential conversions in Ottawa are showing “promising...

Bank Street property that sparked ‘demoviction’ saga on market for $14.5M

According to a new listing on Realtor.ca posted Wednesday, the block of Bank Street between Nepean and Lisgar streets is being marketed for an asking price of $14.5 million.

Three mid-rise buildings proposed on Terry Fox Dr. in Marchwood Lakeside neighbourhood

A Manitoba-based developer is proposing to build three mid-rise apartments in a low-rise Kanata neighbourhood near the intersection of Terry Fox Drive and the Queensway.
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