An Ottawa-based real estate development and management firm said it will spend $2.7 million upgrading a multi-residential and commercial portfolio it acquired in its hometown.
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Residential
Travelodge turning into apartments
A small hotel on the western edge of downtown has welcomed its last guest. Gemstone Apartments paid $3 million for the complex just east of
Land supply adequate: planning committee
The city moved a step closer on Tuesday to freezing the supply of land available for residential development for the next five years. Councillors on
Home affordability improves in Ottawa: RBC
The cost of owning a home in Ottawa eased during the most recent quarter, according to an affordability study by Royal Bank. The average local
Regal enters Ottawa with $200M acquisition
A newly launched property firm has purchased six local retirement residences in what is believed to be the largest deal of its kind in Ottawa.
Ottawa home price increases to slow: Re/Max
Local home prices will continue to rise next year at the same modest pace as in 2012 as would-be buyers continue to be hampered by
Killam continues hunt for Ottawa properties
Fresh offs its first foray into the National Capital Region, residential property landlord Killam Properties (TSX:KMP) says it is hunting for more local acquisition prospects.
Condo market strength will overcome housing market malaise: CMHC
Tightening federal mortgage rules won’t deter first-time homebuyers from purchasing new condos and keeping Ottawa’s housing market afloat in the coming years, an analyst with
Realtor Marnie Bennett fined, suspended by regulators
Ottawa’s self-dubbed “condo queen” will be off the market for four months after her real estate registration was suspended by industry regulations. Well-known real estate
October housing sales increase
Ottawa realtors collectively recorded their best October since 2009 in terms of home sales, although increases in prices continued to slow. The average sale price
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