Condos on OREB’s ‘watchlist’ as inventory jumps in November
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
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Residential
Minto Apartment REIT makes first move into B.C. by backing Vancouver-area project
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
Average Ottawa home price to rise 7% in 2021, Re/Max forecasts
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
Claridge eyes six-tower, 2,000-unit housing project near Carling and Clyde
The 6.65-acre property is now home to an abandoned industrial building previously owned by dairy giant Saputo.
Trinity to preserve heritage gas station as part of Westboro development
Developer is proposing a nine-storey mixed-use building that will incorporate the shuttered 1930s-era gas station at 70 Richmond Rd. into the design.
Real estate giant CAPREIT acquires pair of Ottawa rental properties for $95.5M
Firm says it’s buying a 50-suite apartment building at 141 Augusta St., just east of the ByWard Market, and the Surrey Place and Hunter’s Point
Plan to replace James Street Pub with new mixed-use building goes to committee
Urban Capital filed an application last fall to demolish the well-known Centretown watering hole and build a 128-unit apartment complex.
Manulife buys luxury Gatineau apartment complex for $63M
Le Vibe, a Gatineau development that includes 181 rental suites, is Manulife Investment Management’s first residential purchase in the National Capital Region.
Housing starts stall in October as multi-unit builds drop dramatically
Builders started work on 930 new dwellings last month, a drop of more than 20 per cent from the 1,196 starts recorded in October 2019.
City planners urge committee to put kibosh on Kanata golf course redevelopment plan
ClubLink’s proposal calls for more than 1,500 housing units on the current site of the Kanata Golf and Country Club.
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