Average Ottawa home resale prices approach $600K
A flood of new listings last month did nothing to slow the rapid increase in local home prices, the Ottawa Real Estate Board reported Thursday.
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Residential
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.
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.
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
Feds front Mastercraft Starwood $86.4M for Ottawa rental tower
Excavation work recently began on the 30-storey, 250-apartment Soho Italia mixed-use building on Preston Street, just north of Carling Avenue.
ML Devco, main + main plan three-tower development at Vanier ‘gateway’
Project located on site of former gas station, Eastview Shopping Centre
Minto REIT sees rental revenues grow; plans to reposition furnished suites amid declining demand
Ottawa-based real estate firm says the ‘vast majority of residents have continued to pay their rent on time during the pandemic.’
Ottawa-Gatineau housing starts up 9% in July, CMHC says
Continuing a recent trend, most of the year-over-year increase was driven by construction on the Ottawa side of the river, where overall starts jumped 24
Summer buying boom turns up the heat on Ottawa’s housing market
The average sale price of a residential-class property was $585,084 last month, up a whopping 20 per cent compared with July 2019.
Builders add more parkland to Kanata Golf Course redevelopment plan
Controversial proposal now calls for slightly smaller housing footprint and more green space.
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