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.

Price ceilings on the rise: Surge in million-dollar sales pushes average Ottawa home value to new heights

Residential

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

Residential

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

Residential

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

NCC to unveil shortlist of potential contractors for LeBreton library lands in April

Real Estate

The announcement of the shortlisted developers will follow a review of preliminary proposals from applicants, who have until Feb. 8 to submit their vision for

Toronto hotel developer proposes 800-unit rental housing project in central Kanata

Residential

Bayview Hospitality Group’s plan calls for three apartment buildings and nearly 200 stacked dwelling units between the Kanata Golf and Country Club and the Kanata

Ottawa developer aims to convert Cooper Street office building to apartments

Residential

SerCo Realty Group says it plans to add an extra floor to the seven-storey building at 331 Cooper St. and turn the property into a

Housing starts rise in December, CMHC says

Residential

Developers launched 1,074 new builds last month, according to the Canada Mortgage and Housing Corp., up from 854 starts recorded a year earlier.

Sunday shopping bans, the opening of the Rideau Centre and the pandemic’s toll: Richard Getz reflects on 40 years of retail real estate

Non-Residential

Retired VP of retail at Colonnade BridgePort to continue raising funds for Royal Ottawa Foundation for Mental Health

Ottawa to remain a ‘strong seller’s market’ for homes in 2021, Royal LePage says

Residential

After a year that saw home average home prices jump 20 per cent, Ottawa homebuyers can expect little relief in the months ahead, according to

Ottawa engineering firm J.L. Richards names eight new associates

Construction

Firm has appointed Tamara Gauthier, Robert Langlois, Matthew Morkem, Tracy O’Brien, Joël Primeau, Steve Saxton, Sarah Vereault and Jane Wilson associates.