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.

Feds gear up for $30.6M East Block rehabilitation in Ottawa

Construction

More cranes, scaffolding and construction workers are scheduled to head to Parliament Hill later this year as the federal government tackles “deteriorated” sections of East

Ottawa home builders not betting on a big 2017

Residential

Ottawa home builders aren’t optimistic they’ll see a better 2017 after several years during which a shrinking public-service workforce weakened the local housing market. By

Developer proposes nine-storey mixed-use building on Wellington Street in Hintonburg

Residential

The owner of a property on Wellington Street West near the O-Train tracks wants to turn a two-storey office building into a nine-storey mixed-use development,

Ottawa’s Sleepwell plans $1.8M in upgrades to growing Pembroke portfolio

Residential

An Ottawa property management firm says it plans to spend $1.8 million renovating its recently acquired Pembroke properties in a project the company’s president said

18% of federally owned buildings in Ottawa in critical or poor condition

Non-Residential

Nearly one in five federally owned buildings in Ottawa are listed in critical or poor condition, according to the government’s own list of its buildings, the Directory of Federal

Parliament sightline rules could prevent taller Ottawa towers

Residential

A proposed towering condominium in Lebreton Flats encountered some pushback this month, thanks to a decades-old rule restricting buildings from blocking views of Parliament Hill.

NCC’s vacancy rates in Ottawa-Gatineau drops to ‘historic’ lows

Non-Residential

A National Capital Commission official says taking a more “business-based approach” to commercial leasing has helped the Crown corporation reduce its vacancy rates. The NCC

Ottawa construction permits jump 22% in 2016

Construction

Propelled by several large condo and apartment projects, as well as the ongoing work on the city’s light-rail line, Ottawa’s construction sector fell just shy

Planning committee approves two midrise towers for Bronson and Carling

Residential

A stretch of Bronson Avenue south of the Queensway is set for a major facelift after the City of Ottawa’s planning committee has unanimously approved

Ottawa industrial vacancy rate inches up to 5.1%

Non-Residential

Vacancies in industrial properties across Ottawa may have creeped up at the end of 2016, but a “surge” in companies looking for new space has