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.

Ottawa Greenbelt Construction begins $5.9M watermain, sewer work

Construction

Starting yesterday, Ottawa Greenbelt Construction is doing watermain and sewer work in the Carling and Kirkwood avenues area. The $5.9 million construction project between Highway

106-year-old retailer returns to Bank Street

Non-Residential

Higher-margin McIntosh-brand ‘saved’ family business A century ago, McIntosh & Watts delivered coffee, tea and spices to its customers by horse and buggy. Today, ships

Ericsson’s fit-up to cost more than $18M

Construction

The cost of converting a three-storey office building into an R&D lab for Swedish telecom giant Ericsson Canada (NASDAQ:ERIC) is expected to exceed $18 million,

NorthWest REIT makes first Ottawa real estate purchase

Non-Residential

Toronto-based NorthWest REIT has made its first real estate play in the nation’s capital, purchasing a controlling interest in a St. Laurent-area medical building. The

Feds seeks auditors for Parliament construction contracts

Construction

Public Works says it is looking for a contractor to provide auditing services on three massive construction projects underway in the Parliamentary precinct. In a

Huntington buys Bells Corners building

Non-Residential

An Ottawa-based asset management firm is adding a single-storey suburban office building to its growing portfolio. Huntington Properties purchased the property at 2175 Robertson Rd.

Ottawa housing starts fall 25%

Residential

Ottawa housing starts in July fell 25 per cent year-over-year, according to numbers released by the Canada Mortgage and Housing Corp. There were 287 starts

Cominar REIT muscles into local real estate market

Non-Residential

Purchasing 1.55-million-square-foot office portfolio from GE Capital Real Estate Ottawa’s real estate landscape is set for a shakeup as Quebec’s largest commercial property owner establishes

Local home prices keep climbing

Residential

The average resale price for an Ottawa home in July has climbed more than 12 per cent over the past three years, according to data

Domicile sets sights on Rochester Street

Residential

A local urban infill condo builder is asking the city for permission to demolish an unoccupied two-storey single-detached dwelling in Little Italy, according to municipal