Real Estate

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.

Former Nordstrom space in Rideau Centre not likely to be occupied until 2026, broker says

Several marquee retailers are eyeing the former Nordstrom department store space at the Rideau Centre, a prominent...

Op-ed: Hey feds, here are a few suggestions for your surplus properties

"It's time for action in regard to the conversion of federal buildings into housing. We have had enough announcements," writes Shawn Hamilton.

Feds identify 56 properties for conversion to affordable housing, including 22 in Ottawa

The federal government has added 56 properties — including 22 in Ottawa — to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the housing minister says will help boost the supply of homes Canadians can afford.

City committee to vote on two-building proposal near future Sherbourne LRT station

Ottawa’s planning and housing committee is slated to vote next week on a proposal that would see more than 200 new housing units built near the future Sherbourne LRT station in the city’s west end.

Developer proposes 24-storey highrise at site of former Mandarin Ogilvie restaurant

The well-known dining establishment ended its 36-year run on Ogilvie Road at the beginning of June after the family that owned the restaurant and shopping plaza sold the property to TCU.

New owners Heafey Group, Boless mull residential conversion for Gatineau office tower

In a move that could add hundreds of housing units to downtown Gatineau, the new owners of...

City and builders getting better at office conversions with each project, 360 Laurier architect says

Lead architect Josée Anne Pronovost said working on The Slayte was a massive learning experience for both builders and the city. Those lessons are now being brought to the office-to-residential conversion on Laurier Avenue.

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