Brigil eyes plan for multiple mixed-use highrises at former Greyhound bus terminal site
Plan calls for more than 1,000 residential units as well as office and retail space – but the ward councillor cautions the proposal might not
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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.
Housing starts stay strong in January thanks to multi-unit builds, CMHC says
Ottawa homebuilders started work on 450 new dwellings in January, up from 371 starts in the same month in 2020, the federal agency reported this
T.O. real estate firm launches new fund aimed at financing expanded Ottawa portfolio
Crown Realty Partners says the fund has closed its first round of financing with more than $140 million worth of commitments from institutional investors and
Planning committee gives thumbs-up to revised Chateau Laurier design
Plan for controversial addition to the iconic downtown hotel will now go to full council for consideration on Feb. 24.
Ottawa’s Windmill Development Group partners with T.O. firm on $100M green real estate fund
Two years in the making, project aims to finance environmentally sustainable developments in Ottawa and the Greater Toronto Area.
Bilingualism pays off for Ottawa businesses
One of the region’s leading business organizations is helping local retailers and service providers speak to a new pool of customers in the National Capital
Average Ottawa household spent 16% of its income on mortgage payments in 2020: study
That’s up slightly from 10 years ago but still well below the “affordability threshold” of 30 per cent, according to the new report from real
Local realtors said 63 properties sold for at least $1 million last month, compared with 16 transactions valued at $1 million-plus in January 2020.
Montreal developer files five-building plan for former Iranian Cultural Centre site in Sandy Hill
Proposal would see 1,600 residential units constructed at 2 Robinson Ave., about half a kilometre from the University of Ottawa’s main campus.
Ottawa’s rental apartment vacancy rate jumps to 3.9%: CMHC
More than 2,300 new rental units were added to the city’s inventory last year, yet the agency estimates that only about 890 of those were
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