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.

Here’s what $35K a month can get you for a rental in Ottawa

According to Marilyn Wilson Dream Properties, the home is officially the most expensive residential rental in Ottawa and sets a “new benchmark” in the luxury retail market, Reba Wilson said.

$125M acquisition of Queen Street office tower a ‘sound investment,’ PSPC says

The federal public works department says its purchase of a prominent downtown office building whose occupants include...

Decade-long plan to modernize ‘key part’ of Parliamentary Precinct to start this fall, feds say

In an email to OBJ this week, PSPC called the Block 2 redevelopment project “a “key part” of the federal government’s efforts “to restore and modernize” the Parliamentary Precinct.

Colonnade BridgePort expands into Atlantic Canada with two new offices

Real estate investment and management firm Colonnade BridgePort has expanded into Atlantic Canada, opening new offices in...

City’s industrial availability rate to hit 4.4% in 2024 as new inventory floods market: CBRE

Ottawa’s industrial availability rate is expected to jump to 4.4 per cent by the end of 2024...

Morguard sells CBC headquarters building at 181 Queen St. to PSPC for $125.3M

Southern Ontario-based developer and property manager Morguard had owned the 11-storey, 275,000-square-foot office building at 181 Queen St. since it opened in 2004.

Minto Apartment REIT’s revenues rise in 2023 as demand for suites grows

Minto Apartment REIT’s revenues rose in 2023 as rents increased and more of its suites were occupied...

Ottawa home sales rise 15% in February, but ‘affordability remains out of reach for many’: OREB

Ottawa home sales rose 15 per cent in February compared with the same month a year ago,...

Consumer spending in National Capital Region expected to drop in 2024, new reports say

Retail sales are expected to level off in Ottawa this year as budget-conscious consumers cut back on...

InterRent REIT posts gains in key financial metrics as occupancy rate hits ‘optimal’ 97%

InterRent REIT reported gains in most key financial metrics in the fourth quarter of 2023 as the...
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