Real Estate

Koble co-founder Marc Morin launches new commercial real estate brokerage

Morin, one of Ottawa’s leading brokers of office and industrial space, didn’t wait long to launch his latest venture after he and former business partner Graeme Webster dissolved their previous company, Koble Commercial Real Estate, last month.

District Realty CEO says no immediate plans for redevelopment at City Centre

Hintonburg’s Orange Art Gallery will vacate its space at 290 City Centre Ave. at the end of December after the building's landlords did not renew its lease, leading other tenants and nearby residents to speculate about plans for redevelopment of the site.

Ottawa home prices expected to rise 4.5% in 2024 as pent-up demand grows: Royal LePage

Royal LePage is forecasting the aggregate price of an Ottawa home will rise 4.5 per cent year-over-year...

Reduced retail space in Little Italy development throws potential grocery store into question

Retail space in a proposed Little Italy development has been significantly reduced, but the developer said he’s hopeful groceries will still be a major piece. 

Minto Apartment REIT sells remainder of Edmonton portfolio

The sale of the REIT’s last two buildings in the Alberta capital closed last Thursday, Ottawa-based Minto said in a news release Monday. 

Surge in newcomers putting pressure on inflation via housing demand: BoC deputy

The recent surge in newcomers is adding to inflation through housing demand, warning rents and home prices could continue to rise without boosting housing supply, a senior Bank of Canada official said Thursday.

Avison Young adds veteran brokers DiNardo and MacLeod as firm continues Ottawa expansion

Avison Young has added two veteran real estate brokers to its Ottawa office, the latest in a...

Ottawa home sales continued to slide in November: OREB

Ottawa home sales fell last month compared with the previous year as buyers continued to take a...

Short-term rentals have ‘significantly impacted’ housing affordability: Desjardins

A Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.

Theberge Homes ‘satisfied’ by committee decision on Baseline highrises, owner says

The proposal filed by Joey Theberge, owner of Theberge Homes, involves plans for two 24-storey highrises and a 32-storey tower at 780 Baseline Rd. 

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