Residential

Judge upholds city’s bid to preserve Kanata Golf and Country Club as greenspace

Property owner ClubLink wants to partner with Minto Communities and Richcraft Homes to build more than 1,500 homes on the 71-hectare site.

Housing starts stay strong in January thanks to multi-unit builds, CMHC says

Ottawa homebuilders started work on 450 new dwellings in January, up from 371 starts in the same month in 2020, the federal agency reported this week. 

Average Ottawa household spent 16% of its income on mortgage payments in 2020: study

That's up slightly from 10 years ago but still well below the “affordability threshold” of 30 per cent, according to the new report from real estate search portal Point2.

Price ceilings on the rise: Surge in million-dollar sales pushes average Ottawa home value to new heights

Local realtors said 63 properties sold for at least $1 million last month, compared with 16 transactions valued at $1 million-plus in January 2020.

Montreal developer files five-building plan for former Iranian Cultural Centre site in Sandy Hill

Proposal would see 1,600 residential units constructed at 2 Robinson Ave., about half a kilometre from the University of Ottawa's main campus.

Ottawa’s rental apartment vacancy rate jumps to 3.9%: CMHC

More than 2,300 new rental units were added to the city’s inventory last year, yet the agency estimates that only about 890 of those were actually occupied.

Toronto hotel developer proposes 800-unit rental housing project in central Kanata

Bayview Hospitality Group's plan calls for three apartment buildings and nearly 200 stacked dwelling units between the Kanata Golf and Country Club and the Kanata Centrum Shopping Centre.

Ottawa developer aims to convert Cooper Street office building to apartments

SerCo Realty Group says it plans to add an extra floor to the seven-storey building at 331 Cooper St. and turn the property into a 45-unit rental housing complex.

Housing starts rise in December, CMHC says

Developers launched 1,074 new builds last month, according to the Canada Mortgage and Housing Corp., up from 854 starts recorded a year earlier. 

Ottawa to remain a ‘strong seller’s market’ for homes in 2021, Royal LePage says

After a year that saw home average home prices jump 20 per cent, Ottawa homebuyers can expect little relief in the months ahead, according to a major Canadian real estate brokerage.
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