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.

Home resales drop 17% in September

Residential

Housing sales in Ottawa dropped to their lowest level in eight months, according to the Ottawa Real Estate Board. The number of units sold was

‘Eddy’ condos to rise on site of former car dealership

Residential

Officials at Windmill Development Group say they plan to sell units in its newest condo building at lower price points than its previous projects to

Federal HVAC maintenance work up for bids

Non-Residential

Public Works is seeking a “maintenance service” contractor for heating, ventilation and air conditioning equipment for several buildings in the national capital. Awarding of the

Five NCC houses slated for demolition

Construction

Contractors are invited to bid on demolishing five derelict and abandoned houses that the National Capital Commission owns in the west end of Ottawa. Local

Unsold Ottawa condos up 15%

Residential

Local home prices rose by a “healthy” amount in the third quarter, even as sales began to taper off, according to Royal LePage. The real

Contractors sought for laboratory roof replacement

Construction

Health Canada is inviting contractors to bid to replace a roof on its laboratory centre for disease control building, with a maximum budget of $280,000.

Pomerleau poised to land massive Lansdowne construction contracts

Construction

Contracts worth approximately $136 million are being drawn up between the consortium redeveloping Lansdowne Park and general contractor Pomerleau to rebuild the park’s stadium and

Construction permits up 54%

Construction

The high volume and value of construction permits continued last month with the strongest August in at least three years, according to municipal records. With

Ottawa’s hottest housing markets

Residential

Suburbs stuck with higher tax bills as assessment increases phased in Many Ottawa residents living inside the Greenbelt face a significant hike in property taxes

Jackson Building on feds’ redevelopment radar

Non-Residential

Public Works says it is considering various redevelopment options for a storied downtown office building currently in “critical” physical condition. The government-owned Jackson Building is