No end to office space crunch in sight, veteran Ottawa real estate exec says
Available sublease space jumps 11%, but still remains well below levels recorded in previous downturns.
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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.
Mixed-use development planned for heart of Westboro
The nine-storey development at Richmond Road and Churchill Avenue would feature commercial space on the ground floor and residential units on the eight floors above.
Feds seeking architectural consultants for Les Terrassess de la Chaudière rehabilitation
Architectural consultant to review documentation as well as prepare design and construction tender documents, among other tasks
Ottawa housing crunch to ease up in second half of 2020, report says
The aggregate price of a house in Ottawa rose 11.7 per cent in the second quarter of 2020 compared with a year earlier, Royal LePage
Ottawa-Gatineau housing starts hold steady in June, CMHC says
Single-detached starts last month matched June 2019’s tally, while the number of multi-unit builds inched up from a year ago.
Gatineau developer proposes pair of apartment highrises near Lincoln Fields Shopping Centre
The two towers would feature a total of 391 rental apartment units, with 180 suites in the 12-storey highrise and 211 units in the 11-storey
What pandemic? Ottawa home sales on par with 2019 as prices soar
Average sale price jumps 15% to $575K
Amazon hopes to open ‘cutting-edge’ Barrhaven warehouse ‘as quickly as possible’
Massive industrial building will have footprint of 450,000 square feet and feature multiple levels, company says.
Ottawa rises in rankings of top real estate markets
Report suggests Ottawa remains an affordable market relative to other Canadian cities, despite rapid price appreciation in recent years.
Amazon to open second Ottawa-area warehouse in Barrhaven
E-commerce giant says 450,000-square-foot facility in the Citigate Business Park will create more than 1,000 full-time jobs.
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