Real Estate

Apartment rents levelling off as parts of Ottawa are now ‘oversupplied,’ real estate exec says

Apartment rental rates in Ottawa “have peaked” and multi-residential complexes without amenities like on-site parking are “going...

Industrial real estate could bear brunt of tariffs’ impact, local Colliers execs say

Warren Wilkinson, senior managing director of Colliers’ Ottawa office, told a crowd of real estate insiders it’s too early to predict how the trade dispute between Canada and the U.S. will play out for the industry.

Tariff war has ‘potential to stall a lot’ of new housing construction in Ottawa, industry execs say

Kelly Rhodenizer, senior vice-president of development at Colonnade BridgePort, said Tuesday that with U.S. tariffs imposed on Canadian goods expected to trigger a retaliation from Canada, the cost of everything from appliances to steel rebar will likely go up.

Landmark proposal? Taggart believes new two-tower plan for O’Connor Street reaches ‘iconic’ status

Taggart Realty Management says it believes its rejigged proposal for a pair of mixed-use highrises on O’Connor...

InterRent eyes 2025 completion for Laurier Avenue office-to-residential conversion project

InterRent REIT says construction of 139 rental apartment units and 1,736 square feet of ground-floor commercial space in the Narono Building at 360 Laurier Ave. W. is “well underway.” 

Markham’s Sienna Senior Living acquiring Stittsville retirement home for $48M

A southern Ontario company is acquiring a retirement home in Ottawa’s west end for $48 million in...

‘A born leader’: Ottawa business and community builder Sol Shinder dies at 90

Sol Shinder’s status as a giant of Ottawa business was already secure when his younger brother Lionel’s...

Higher hopes: Creative Dev raises proposed Montreal Road rental complex to 21 storeys

In a revised planning application recently filed with the city, Creative Dev Ventures says it wants to build a 21-storey residential highrise at 1815 Montreal Rd., a few hundred metres east of Blair Road and about a kilometre north of the Gloucester Centre.

Outlook for new home sales and housing starts clouded by tariffs, economic uncertainty

Sales and construction of new homes got off to a good start last month, but the outlook for 2025 has been clouded by growing economic uncertainty.

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