Real Estate

InterRent REIT to convert Albert Street office building to apartments

An office tower on the western edge of downtown Ottawa will soon be gutted and undergo a facelift to prepare the building’s units for residential tenants

Employment Law Minute: How much severance are terminated employees owed?

'Wrongful dismissal' doesn’t mean what you probably think it means – and those misperceptions can be costly.

Bayshore owner plans two apartment towers as high as 30 storeys next to west-end mall

The owner of Bayshore Shopping Centre says it wants to build two new apartment highrises next to...

Declining apartment vacancy rate pushing rent higher in Ottawa: CMHC

Tenants in Ottawa paid an average of $108 a month more for an apartment in 2019 compared...

City considers heritage designation for Trinity’s Gladstone development property

The site of a proposed three-tower development atop a forthcoming LRT station might soon receive heritage status to ensure it’s preserved

Ottawa’s office vacancy rate to remain tight in 2020: Avison Young

Commercial tenants struggling to find room to grow in Ottawa’s tight office market likely won’t have a much easier task this year than they did in 2019, Avison Young forecasts

Turn down ByWard Market hotel application, city staff tell councillors

City staff are recommending councillors reject a proposed 17-storey hotel in the ByWard Market, arguing the project wouldn’t fit with planning and heritage policies for the Lowertown neighbourhood

‘Room for a lot more buildings’ in booming Ottawa rental market

Despite a wave of new projects, local developers say they have no plans to scale back apartment construction in 2020 as demand for units continues to rise

17-storey addition proposed for Laurier Avenue heritage building

A developer is seeking planning committee’s approval to build a 17-storey, 85-unit tower on the edge of Ottawa’s downtown core as an addition to an existing heritage building

Ottawa home prices up 5.3% in Q4 2019: Royal LePage

The median price of a bungalow in the capital shot up 10.1 per cent year-over-year to $501K in the quarter

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