A new report from Re/Max Canada found that the Ottawa condo market stalled in the first eight months of 2024, with affordability the top concern on the minds of potential buyers.
In a summary of the site plan control application for the project at 25 Pickering Pl., Colonnade BridgePort says it wants to build two towers of 14 and 28 storeys that will contain a total of 483 residential suites along with “associated underground parking” and ground-floor commercial space.
In its fall market outlook released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to increase to $680,740 by the end of 2024, up one per cent from the end of July.