Real Estate

The federal government says it will build more than 2,800 homes on its properties in cities across the country, putting it on track to build nearly 30,000 homes on public lands over the next six years.

Oakview Capital, the company Ryan Barresi started as a side hustle in 2010 and turned into a full-time gig three and half years ago, specializes in low-rise industrial flex space that caters to small enterprises like contractors and plumbers.

In a letter to Mayor Mark Sutcliffe and council, the leaders of three local business associations have thrown their support behind Lansdowne 2.0, calling it a “trifecta of city building.”

InterRent REIT said Wednesday 84 per cent of the suites in its 158-unit Slayte rental project on Albert Street were leased as of the end of October. That’s up from less than 50 per cent at the beginning of May, when interior construction of the building was still being completed.

The province has been saying it would remove its eight per cent portion of HST if the federal government dropped the five per cent goods and services tax on rental housing builds.

Groupe Mach purchased the now-vacant 14-storey building at 110 O’Connor St. on the corner of Slater Street from Cominar REIT for $40 million in 2021.

A city staff report calling for a more streamlined approval process and lower fees for office-to-residential conversions...

A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second quarter next year.

The three-building Carling Executive Centre at 1525, 1545 and 1565 Carling Ave. near Churchill Avenue was put on the block earlier this month and is already generating buzz in the investment community, said Graeme Webster, a partner at Koble Commercial Realty who is marketing the property.

With available industrial space shrinking and rents steadily rising in the National Capital Region, an executive from...