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.

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

Target fit up to cost $4.6M

Construction

Kanata’s Hazeldean Mall is making way for a Target Corp. store to open in August 2013, but first will come millions of dollars worth of

Minto expands rental footprint outside Ontario

Residential

Ottawa-based Minto Properties Inc. says it has acquired its first residential rental property outside its home province with the purchase of a 752-unit Calgary portfolio.

Mobile property protection

Non-Residential

Ottawa-based firm sees new markets with automated inspection tool A small square QR code is stuck to the inside of a red fire hose cabinet

Feds eye 4.9M square feet of new office space for Tunney’s Pasture

Non-Residential

Public Works officials provided the first in-depth glimpse of its redevelopment plans for Tunney’s Pasture on Monday evening, offering two options that would both add