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 home prices soar in February as sales hit record heights

The average price of a residential-class property jumped 27 per cent to nearly $720,000 last month compared with February 2020.

Brick-and-mortar retail leasing in the time of the pandemic

How is the tenant-landlord dynamic likely to change?

Home sales shifting towards pricier housing in Ottawa, CMHC says

While nearly half of all homes trading hands in the capital sold for less than $400,000 in 2019, less than a third of all transactions last year were in that price bracket, agency says.

Carleton researchers exploring how to efficiently operate buildings with reduced occupancy

Research could also help to reduce airborne transmission of COVID-19 in indoor environments, such as commercial office buildings

Council OKs controversial Chateau Laurier addition

Proposal calls for an 11-storey and a 10-storey tower with a total of 159 suites.

Tenant downsizing will fuel rise in Ottawa’s office vacancy rate this year: CBRE

Real estate brokerage predicts shift toward hybrid work model will lead to more space coming on the market as 2021 rolls on.

Ottawa’s office market enters a new era

As workers re-enter workspaces across the city, landlords face new demands from tenants

Judge upholds city’s bid to preserve Kanata Golf and Country Club as greenspace

Property owner ClubLink wants to partner with Minto Communities and Richcraft Homes to build more than 1,500 homes on the 71-hectare site.

Brigil eyes plan for multiple mixed-use highrises at former Greyhound bus terminal site

Plan calls for more than 1,000 residential units as well as office and retail space ​– but the ward councillor cautions the proposal might not fly with nearby residents.

Housing starts stay strong in January thanks to multi-unit builds, CMHC says

Ottawa homebuilders started work on 450 new dwellings in January, up from 371 starts in the same month in 2020, the federal agency reported this week. 
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