Housing starts in the capital end the year up from 2012
A jump in December helped push the number of housing starts in the capital up for the year 2013, the Canada Mortgage and Housing Corp.
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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.
City plans $9.5M Glebe parking garage project
The City of Ottawa is in the planning stages for a project that will see nearly $10 million spent constructing a four-storey parking garage in
Ottawa’s office vacancy rate sees ‘substantial increase’ in Q4: Colliers
Ottawa’s downtown vacancy rate rose several percentage points in the fourth quarter of 2013, according to brokerage firm Colliers International, helping to push down rental
Ottawa home resales fall several percentage points in 2013
A slow start to the year helped push the number of homes sold by Ottawa realtors down by 3.2 per cent in 2013, according to
Condo market players expect fewer new developments in 2014
That chill in the air Matthew Sachs felt in late December had nothing to do with the arctic-like temperatures gripping the capital. Instead, the general
Richmond Road condo development moving forward
A proposed nine-storey condo development in Westboro is moving closer to receiving city approval. On Dec. 10, the city’s planning committee voted to increase the
Tamarack cuts plans for Norman Street tower by half
A developer is asking the city for permission to build a nine-storey tower on Norman Street in Ottawa’s Little Italy. Tamarack Developments had originally proposed
Construction permit values receive slight bump in November
The value of construction permits the City of Ottawa handed out in November were up slightly from the year before, according to municipal records. Contractors
Condo ownership up in Ottawa but still below other Canadian cities
Condominiums accounted for 16.3 per cent of owner-occupied households in Ottawa in 2011, according to a new report from the Canada Mortgage and Housing Corp.
High-end Toronto developer proposes 12-storey condo for Wellington
Toronto-based developer Mizrahi Developments is asking the city for permission to build a 12-storey mixed-use tower on Wellington Street West. The proposed building, located at
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