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.

Owner of Ottawa co-working spaces seeing signs of recovery in hard-hit industry

"Floodgates will open" once a vaccine is found, owner of two local facilities predicts despite news that one of the industry's biggest companies has filed for creditor protection.

Average Ottawa home resale prices approach $600K

A flood of new listings last month did nothing to slow the rapid increase in local home...

Speculation builds over prospective tenants for Shopify’s Elgin Street space

'Spectacular' downtown office could help nurture a new generation of tech firms if they choose to replace the e-commerce giant in Performance Court, veteran broker says.

Cognitive dissonance creeps into Ottawa’s planning and design decisions

Ottawa, like many cities, experiences cognitive dissonance. We need to rethink what we are doing, and how, if we are serious about being the most livable mid-sized city in North America.

Ottawa landlords urge Ford government to ditch proposed rent freeze

Critics say plan would discourage “desperately needed” new investment in rental housing and leave property owners holding the bag for rising utility costs and taxes.

Shopify set to vacate 170,000-square-foot Elgin Street HQ in bid to reduce office footprint

E-commerce giant plans to sublease its signature space at Performance Court and consolidate its downtown Ottawa office footprint at a building on nearby Laurier Avenue.

Highrises, park key elements in Colonnade BridgePort’s east-end development proposal

Ottawa developer says it plans to build a mix of residential and commercial space at 25 Pickering Pl., just east of the Via Rail terminal and the Tremblay LRT station. 

Lowertown Baptist church looks to sell property for redevelopment

Church says its current house of worship on the corner of King Edward Avenue and Clarence Street is too small for its growing congregation.

Parks Canada accepting bids for new Gatineau storage facility

The new storage facility will house some 25 million historical and archaeological artifacts.

Plan to redevelop prime Albert Street site up for approval

Toronto developer wants to build three highrises of 23, 29 and 35 storeys with about 930 residential suites on the former site of the Alterna Savings and Credit Union.
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