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.

Canadian home sales set new record in 2021, topping previous high by 20%: CREA

Residential

Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.

Ottawa home prices jump 17% in Q4: Royal LePage

Residential

Median price of a single-family detached home in the capital rose 20 per cent year-over-year to $876,600 in the quarter, while condo prices increased 11.5

Capital’s office vacancy rate drops to 8.6% in Q4

Non-Residential

Downtown vacancy rate of 9.9 per cent last quarter was the third-lowest in North America behind Vancouver and Toronto, real estate firm CBRE says.

‘Potential everywhere’: Montreal buyer of Lansdowne properties going all in on Ottawa market

Non-Residential

BRB REIT’s portfolio in the National Capital Region now includes more than 650,000 square feet of space at nine office buildings and one industrial property.

Lansdowne, IBM properties acquired as flurry of Ottawa office deals continues

Non-Residential

Marquee transactions worth a combined $87 million have Ottawa brokerage predicting the new year will pick up right where a frothy 2021 left off for

How building height limitations are contributing to Ottawa’s housing crisis

Real Estate

By limiting development on certain streets to four storeys, the city has virtually guaranteed that these lots will remain undeveloped, writes Toon Dreessen.

Record year for Ottawa home sales as $13 billion in sales posted

Real Estate

Members of the Ottawa Real Estate Board sold 862 residential properties in December, compared with 997 in December 2020, a decrease of 14 per cent.

Where Ottawans want to live

Real Estate

Large numbers of area residents say they’d like to live in a new part of the city – or even beyond its borders – as

Developer eyes plan to replace Bank Street retail plaza with 16-storey mixed-use complex

Residential

SerCo Realty Group wants to build a highrise with 160 rental suites at 1400 Bank St., just south of the Billings Bridge Shopping Centre, on

Cadillac Fairview floats plan for 21-storey highrise at Rideau Centre

Residential

Mall owner wants to construct a mixed-use tower with 280 rental apartments and ground-floor retail space on land currently occupied by a heritage building.