Real Estate

Developer proposes 22-storey, 162-unit highrise at Bank and Slater

Broccolini hopes to add more new units to the downtown core’s growing stock of apartment dwellings with a proposal for a 22-storey highrise near the corner of Bank and Slater streets

Ottawa housing market becoming ‘seller’s territory’: Royal LePage

Despite being a seller’s market, the National Capital Region remains more affordable than the national average

Councillors’ effort to block Château Laurier addition fails – but will be reconsidered Thursday

Though a call to revoke council approval for the Château Laurier’s controversial addition was initially defeated, a move to reconsider the motion on Thursday will see the debate stretch into a second day

InterRent REIT raises $201M to fund Montreal property acquisitions

The fresh cash will go towards paying down debt and funding acquisitions, including InterRent’s plans to acquire four properties in Montreal

Ottawa office vacancy rate hits eight-year low in Q2 2019

Ottawa’s office market continued to tighten in the first half of the year, with vacancy rates reaching their lowest levels since 2011, according to CBRE

Ottawa-Gatineau homebuilding activity slows in June: CMHC

Housing starts in Ottawa-Gatineau fell 20 per cent in June compared with a year earlier, thanks to...

EllisDon to begin construction on $183M West Memorial Building reno next month

A major facelift of a long-vacant federal government building is set to begin next month as contractors...

City likely to fail any legal challenge over Chateau Laurier addition: memo

A pending motion for city council to rescind approval of the controversial addition to the Château Laurier could land the municipality in a tough court battle

Ottawa home sales surpass $500K average price for first time: OREB

Ottawa’s housing market passed a symbolic milestone in June, as the average sale price of a home in the capital surpassed $500,000 for the first time ever

Feds commit $3.1M to Riverside Drive affordable housing project

Federal government funding will help see to completion a new residence for homeless and at-risk youth in Ottawa

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