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.

Ottawa booms while Toronto, Vancouver weigh on housing starts in first half of year: CMHC

Owners mull plan to turn Centretown mixed-use building into rental apartment complex

The owners of a mixed-use building in Centretown are proposing to convert three floors into rental apartments...

Ottawa home sales jump 12% in August, OREB says

Ottawa’s resale housing market continued to enjoy a balmy summer in August as home sales jumped more...

Prominent heritage building at Bank and Albert streets sells for nearly $3M

A well-known heritage office building at a major downtown intersection is changing hands for nearly $3 million. Ottawa-based...

With court decision looming, fate of former Ottawa Bay locations still up in the air

Local retail leasing experts say it’s still anyone’s guess what will fill the gaping vacancies left behind...

More ‘big-box’ retail spaces sitting empty in Ottawa, CBRE says

Ottawa’s robust retail leasing market is starting to show a few cracks as more and more large...

New Ottawa home sales hit five-year high for July, builders group says

New home sales were up nearly 10 per cent year-over-year last month as transactions reached their highest...

City committee OKs six-tower development near St. Laurent Shopping Centre

The city’s planning and housing committee has given the green light to a proposal to build six highrises with more than 1,700 residential units near the St. Laurent Shopping Centre.

Power-Tek continues expansion push, acquires ex-CFLer Gordon’s plumbing businesses

Power-Tek recently purchased Tackle Plumbing and Capital Backflow, which serve residential and commercial customers, primarily in Ottawa’s west end. Terms of the deal, which was finalized in late July, were not disclosed.

Annual pace of housing starts up 22% in Ottawa-Gatineau in July, CMHC says

Ottawa-Gatineau’s annual pace of housing starts rose more than 20 per cent in July as demand for...
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