Real Estate

The provincial government’s pledge this week to invest more than $1.8 billion to help build at least 1.5 million homes across Ontario by 2031 will be a welcome boost as Ottawa scrambles to address its housing shortage, a group representing the city’s biggest homebuilders says.

With interest increasing in a “landmark” Chinatown restaurant Yangtze that was recently put up for sale, the local business community is holding out hope that the familiar eatery will carry on, even as potential buyers consider redeveloping the property.

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.

The federal government’s proposal to turn a two-and-a-half-acre site across from Parliament Hill into an office and retail complex is a “great start” toward revitalizing the Parliamentary Precinct, a prominent Ottawa real estate executive said Friday – but other business leaders say they’re not convinced the project will give struggling downtown merchants the boost they need.

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.

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

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.

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

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

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.