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.

Ottawa-Gatineau housing starts surge in May, sustaining spring construction boom

Developers appear to be working overtime to play catch-up amid surging demand for inventory in the capital’s red-hot housing market.

CLV takes lead on three-tower plan for Corso Italia LRT site, proposes mix of condos, rentals

Ottawa developer best-known for building and managing rental properties bought out Trinity Development Group's share of project last year.

Quebec construction firm lands $24.6M Chaudière Crossing contract

Project involves replacing several steel and concrete components of the Union Bridge as well as widening the Hull Causeway

Real estate veteran Karam named new head of CBRE’s Ottawa office

The University of Montreal graduate has spent nearly a decade with the firm in various project management roles.

Builders propose mixed-use highrise for corner of O’Connor and Nepean streets

Glenview Homes and Taggart Realty Management want to build a 27-storey tower with 295 apartment units and 1,300 square feet of ground-floor retail space.

Building back better: The opportunities for businesses in a post-COVID Ottawa

A permanent shift is underway in the way we work, connect with clients and think about our city as a whole.

City committee backs developer’s bid for $350K brownfield grant for Westboro site

Azure Urban Developments wants to build a 25-storey highrise with 264 apartments and 160 underground parking spaces at 2070 Scott St.

Home prices continue surge, but supply grows in May: OREB

The average residential-class property in the capital sold for $741,000 in May, an increase of 35 per cent over the same month a year ago.

City committee approves proposed tax on vacant residences

Proposal would see owners of residential properties that are vacant more than 184 days a year pay a one per cent tax tacked onto their annual property tax bill.