Real Estate

Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.

Colonnade BridgePort expands management footprint with 22 new mandates in southern Ontario

With several major construction projects in its pipeline, Colonnade BridgePort is now poised to expand its property...

Big draw for investors? Corel’s former Carling Avenue HQ up for sale

The Churchill Office Park at 1600 Carling Ave. – best-known for being the headquarters of graphics software pioneer Corel during the company’s heyday more than two decades ago – has been put up for sale by Manulife Investment Management.

Developer says it will build 1,000-plus rental units in Ottawa because of Liberals’ GST break

A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.

Community builder: InterRent REIT and CLV Group’s Mike McGahan is Ottawa’s 2023 CEO of the Year

He might prefer to keep a low profile, but make no mistake — Mike McGahan is a...

Freeland introduces bill to remove GST off rental developments, amend competition law

Finance Minister Chrystia Freeland introduced legislation Thursday morning that would remove GST charges from new rental developments and update the country's competition law.

Ottawa-Gatineau’s annual pace of housing starts jumps 39% in August: CMHC

The annual pace of housing starts in the National Capital Region bounced back last month, rising 39...

Removing GST from new rental construction will make builds more viable, developers say

The federal government’s plan to remove the GST from the construction of new rental projects will trim...

National home sales fall 4% between July and August as market slows: CREA

The Canadian Real Estate Association says home sales slowed last month as they tumbled by roughly four per cent between July and August.

Home sales up year-over-year in August, but ‘further fluctuations’ expected: Ottawa Real Estate Board

Ottawa’s housing market picked up slightly in August compared with a year earlier, but the leader of...

Interest rate hikes might be over but don’t expect housing market to flare up: BMO

One Bay Street economist says it's unlikely the housing market will flare up, despite the Bank of Canada's decision to keep its key interest rate on hold on Wednesday.
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