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.

Inside Edge Properties acquires south-end building for $15M amid rising demand for suburban office space

Inside Edge Properties purchased the 94,500-square-foot building at 2 Gurdwara Rd. from Montreal-based real estate investment trust Proreit for $15.3 million in a deal that closed on Sept. 13.

‘A light of positivity on the city’: Downtown boosters cheer deal to bring Senators to Flats

Rob McIsaac, a self-described passionate sports fan, was all smiles when he was told the Crown corporation had reached a deal to sell 10 acres of land at LeBreton Flats to the Ottawa Senators for a new NHL arena and events centre.

Ottawa no longer the ‘holy grail’ for institutional office investors, brokers say, as 150 Slater put up for sale

Another marquee downtown office tower is up for sale as some real estate brokers say Ottawa is...

Sales of luxury homes in Ottawa have increased so far this year, report says

Ottawa’s entrepreneurs, tech workers and senior federal officials continue to drive sales of luxury homes in the city, according to the 2024 Royal LePage Carriage Trade Luxury Market Report released today.

Here are 6 of the most notable construction projects happening around Ottawa

Here are six of 30 city-building projects that are planned or currently underway in Ottawa and throughout Eastern Ontario. For the full list, check out our City Building 2024 magazine.

Ottawa Real Estate Board predicts ‘heated’ fall market as home sales rise, interest rates drop

The Ottawa Real Estate Board says home sales in the nation’s capital jumped more than 10 per...

Grocery chain Sobeys eyes plan for seven-building project in Orléans

Grocery giant Sobeys is spearheading a mixed-use development that would see up to seven buildings constructed on...

Interest in downtown retail spaces rising, but ‘trouble spots’ remain, brokers say

Real estate brokers say they’re seeing “renewed interest” in empty downtown retail spaces that were vacated during...

Op-ed: For office-to-residential conversions to happen, governments must listen to the experts

Recently, the federal government identified 22 properties in Ottawa (among 56 across the entire country) for conversion to affordable housing. Are the feds’ surplus buildings one of the cures to ailing housing affordability in our city?  

Ottawa home prices expected to edge up this fall as interest rates drop: Re/Max

In its fall market outlook released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to increase to $680,740 by the end of 2024, up one per cent from the end of July.
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