Real Estate

Developers launched 640 new builds last month, agency says, down three per cent from the 661 starts recorded in January 2021.

The new development would include 51 apartment units and 59 parking spots, with 56 of those spaces in a two-level underground garage.

Ottawa, once known as a “sleepy” city with a slow real estate market, has seen unprecedented growth...

Founders' company, TCU Development Corp., currently has about 750 units under development, with 89 projects completed to date.

Detached home sales topping the million-dollar mark accounted for 14 per cent of local transactions in January – up substantially from 2020, when they made up just three per cent of all deals.

The longer we wait for a full-scale return to the office, the harder it will be to entice staff to return at all.

New site joins a 29,000-square-foot Spaces location that opened last year on the Gatineau side of the Zibi development in former industrial buildings east of Eddy Street.

Company is a partner of one of the city’s biggest industrial acquisitions in years – the $155-million purchase of 18 small-bay properties totalling nearly 700,000 square feet. 

Manor Park Capital says it wants to construct two towers of 25 and 20 storeys on St. Laurent Boulevard near the intersection of Lancaster Road about three blocks west of the museum.

The transaction marks the first foray into the Ottawa market for Colorado-based Woodbourne, which will hold the majority stake in the 700,000-square-foot portfolio.