Real Estate

Ottawa rents rise 2.2% in 2021, vacancy rate holds steady, CMHC says

While a “considerable number” of new units were added to the city’s rental housing stock last year, the agency said demand rose enough to keep the vacancy rate unchanged.

Going all inn: Montreal firm proposes 35-storey hotel and apartment complex at Slater and Bay streets

Rimap Development's proposal calls for about 270 rental units and 230 hotel rooms on prime piece of downtown real estate just south of the Lyon LRT station.

Housing starts dip slightly in January, CMHC says

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

Developer wants to raze vacant Bells Corners restaurant, build rental complex

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

Three reasons your home value is still on the rise

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

U of O grads on a mission to improve student housing

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

Million-dollar threshold no barrier as high-end home sales surge, OREB says

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.

Navigating the return-to-office rollercoaster

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

Global co-working giant Spaces opens Zibi Ottawa location

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.

Epic growth: T.O. firm dramatically expands Ottawa industrial real estate footprint with new deal

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. 

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