Real Estate

Feds’ $176M contribution no silver bullet to solve housing crisis, Ottawa developer says

An advocate for Ottawa’s homebuilding industry says a $176-million influx of federal cash to speed up the...

Brigil hopes to launch development at former Greyhound bus station site later this year

Brigil hopes to break ground later this year on a mixed-use development project that could eventually see...

Brigil proposes 3,200 residential units in third phase of Petrie’s Landing development

Brigil is proposing to create what its vice-president of development calls a “complete neighbourhood” featuring nearly 3,200 residential units and at least 100,000 square feet of commercial space on a 26-acre plot of land at 8600 Jeanne d’Arc Blvd. N. 

Ottawa home sales up, but strong start to 2024 unlikely to delay BoC rate cuts: economists

Ottawa home sales rose year-over-year in January, but the market remains “relatively quiet” as would-be buyers continue...

Ottawa’s top 10 commercial real estate transactions of 2023

The total dollar value of commercial real estate transactions in Ottawa plummeted 53 per cent in 2023...

Ottawa’s retail vacancy rate hits new low as population grows, development slows: report

Ottawa’s retail vacancy rate fell to its lowest level on record in 2023 as in-store shopping boomed...

High-profile businessperson buys distinctive Dow’s Lake mansion for $5M

A modern mansion at Dow’s Lake has sold for $5 million, making it Ottawa’s highest-priced luxury home sale over the past 12-month period.

Real estate receiverships on the rise as projects stall

From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.

Rents rise in 2023 as Ottawa’s vacancy rate holds steady at 2.1%: CMHC

A record number of new rental units were completed in Ottawa last year, helping offset growing demand...

Asian restaurant to take over former Rideau Street McDonald’s location

The building at 99 Rideau St. that was home to a McDonald’s restaurant for nearly four decades has been leased to an eatery that will focus on Asian cuisine, real estate brokerage Colliers told OBJ on Monday.

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