Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
The Bank of Canada said in a study Monday that the closure of many downtown services coupled with a desire for more living space increased demand for homes in suburban areas.
A venerable Ottawa curling club could be replaced by a trio of highrises featuring more than 850 rental apartment units if the city approves a recently filed application from a local developer.
This amount is complemented by $740,000 for fee and development charge waivers from the City of Ottawa and $4 million in Ontario Priorities Housing Initiative funding.
The average residential-class property changed hands for about $802,000 last month, the city's real estate board said, up eight per cent from a year earlier but down more than $25,000 from April.
A well-known name in Ottawa commercial real estate is rebranding after becoming part of a Canada-wide brokerage network in a bid to tap into new sources of business.
Construction waste represents half of what goes to landfills in North America each year. Approximately 30 per cent of materials are disposed of, creating massive inefficiencies and pollution.
Whatever name it is known by, one thing is clear, in our multi-channel digital environment, this marketing tactic is driving success for many local organizations.