Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Ottawa’s retail vacancy rate hits new low as population grows, development slows: report
Ottawa’s retail vacancy rate fell to its lowest level on record in 2023 as in-store shopping boomed in the city’s fast-growing suburbs and soaring construction
High-profile businessperson buys distinctive Dow’s Lake mansion for $5M
A modern mansion at Dow’s Lake has sold for $5 million, making it Ottawa’s highest-priced luxury home sale over the past 12-month period.
Real estate receiverships on the rise as projects stall
From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
Rents rise in 2023 as Ottawa’s vacancy rate holds steady at 2.1%: CMHC
A record number of new rental units were completed in Ottawa last year, helping offset growing demand for apartments as the city’s rental vacancy rate
Asian restaurant to take over former Rideau Street McDonald’s location
The building at 99 Rideau St. that was home to a McDonald’s restaurant for nearly four decades has been leased to an eatery that will
Negotiations underway to turn former Chapters on Rideau St. into an events venue
An organization in the “hospitality and entertainment industry” is eyeing a proposal to convert the former Chapters building on Rideau Street into an events venue,
NCC teams up with developers Avenue 31, Cogir to plan housing project on LeBreton Flats
The National Capital Commission said Thursday it is in talks with Ottawa real estate firm Avenue 31 and Montreal-based developer Cogir to build at least
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