Real Estate

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.

Event space in former Chapters would make ByWard Market a ‘more active district,’ group says

A proposed events centre at the former Chapters bookstore on Rideau Street could be a springboard to revitalizing the downtown core and making the neighbourhood a more “active district” for visitors, the head of the new organization that oversees the ByWard Market says.

Negotiations underway to turn former Chapters on Rideau St. into an events venue

An organization in the “hospitality and entertainment industry” is eyeing a proposal to convert the former Chapters building on Rideau Street into an events venue, the federal Crown corporation that owns the site said Thursday.

NCC teams up with developers Avenue 31, Cogir to plan housing project on LeBreton Flats

The National Capital Commission said Thursday it is in talks with Ottawa real estate firm Avenue 31 and Montreal-based developer Cogir to build at least 900 housing units on a portion of LeBreton Flats.

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