Real Estate

Ottawa developer recently filed a proposal to build two towers of 28 and 30 storeys at 267 O’Connor St., between Gilmour and MacLaren streets.

New publication explores opportunities in manufacturing and skilled trades in the region.

The move allows Minto to fast-track the process of issuing new units on the Toronto Stock Exchange as a means of raising capital to acquire more property. 

The development would include a total of 521 suites in a mix of studio, one-, two- and three-bedroom units, plus underground parking with paid spots reserved for the public.

Two long-time leaders in the employee benefits sector are joining forces to provide business owners flexible insurance plans.

Board says the number of condos listed for sale is 25 per cent higher than a year ago, and properties are staying on the market longer. 

The REIT is providing $11.9 million for a joint venture between Minto Properties, and a subsidiary of B.C.-based Darwin Properties to build the first phase of a master-planned community in North Vancouver.

The average sale price of a home in Ottawa was $524,956 in the first 10 months of 2020, brokerage said Tuesday, up 19.2 per cent from a year earlier.

The 6.65-acre property is now home to an abandoned industrial building previously owned by dairy giant Saputo.

Avison Young is forecasting the local vacancy rate at around seven per cent, the second-lowest among major Canadian cities behind Vancouver.