Residential

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.

Feds, province give $4M boost to diocese’s plan to replace Bells Corners rectory with affordable housing

Diocese wants to tear down the structure at 3865 Old Richmond Rd. and replace it with a four-level mixed-use building that will include 35 affordable housing units.

Minto REIT’s rental revenues continue to rise in Q3 despite pandemic

Firm's funds from operations for the three-month period ending Sept. 30 increased 22 per cent year-over-year to $13.2 million.

Planning committee OKs controversial Bayshore apartment highrise proposal

Mall owner Ivanhoe Cambridge is partnering with Toronto-based investment fund KingSett Capital to construct a 27-storey tower and a 30-storey highrise with a total of about 500 apartment units.

InterRent REIT seeing ‘strong results’ despite pandemic, Ottawa firm says

InterRent's funds from operations – a key cash-flow metric for REITs – rose 7.6 per cent year-over-year to $17.2 million in the third quarter.

OREB eyes ‘shift’ away from condos as home sales keep booming in October

While sales of condominiums rose 22 per cent year-over-year to 481, the number of new units added to the market jumped 70 per cent compared with October 2019.

Nine-storey mixed-use building part of developer’s proposed new Stittsville subdivision

Plan calls for 175-unit condo complex with retail space on the ground floor as well as hundreds of other condos, townhomes and single-detached dwellings at Hazeldean Road site.

No parking, no problem: Developer targets transit users with new Cyrville midrise

TCU Development Corp.'s plans for six-storey project near St. Laurent Shopping Centre call for 116 suites and ground-floor commercial space.
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