Taggart proposes 16-storey residential tower near Bayview Station
The Taggart Group of Companies hopes to break ground on the project at 989 Somerset St. and 186 Spruce St. within the next 12-24 months,
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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’ $176M contribution no silver bullet to solve housing crisis, Ottawa developer says
An advocate for Ottawa’s homebuilding industry says a $176-million influx of federal cash to speed up the pace of housing construction in the capital could
Ottawa home sales up, but strong start to 2024 unlikely to delay BoC rate cuts: economists
Ottawa home sales rose year-over-year in January, but the market remains “relatively quiet” as would-be buyers continue to take a wait-and-see approach, the Ottawa Real
Ottawa’s retail vacancy rate hits new low as population grows, development slows: report
Ottawa’s retail vacancy rate fell to its lowest level on record in 2023 as in-store shopping boomed in the city’s fast-growing suburbs and soaring construction
High-profile businessperson buys distinctive Dow’s Lake mansion for $5M
A modern mansion at Dow’s Lake has sold for $5 million, making it Ottawa’s highest-priced luxury home sale over the past 12-month period.
Real estate receiverships on the rise as projects stall
From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
Rents rise in 2023 as Ottawa’s vacancy rate holds steady at 2.1%: CMHC
A record number of new rental units were completed in Ottawa last year, helping offset growing demand for apartments as the city’s rental vacancy rate
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EXPERT BLOGS
Didn’t we just do this? More changes coming to the Ontario Construction Act
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