High-profile businessperson buys distinctive Dow’s Lake mansion for $5M
A modern mansion at Dow’s Lake has sold for $5 million, making it Ottawa’s highest-priced luxury home sale over the past 12-month period.
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Residential
Rents rise in 2023 as Ottawa’s vacancy rate holds steady at 2.1%: CMHC
A record number of new rental units were completed in Ottawa last year, helping offset growing demand for apartments as the city’s rental vacancy rate
Montreal firm’s two-building proposal for Stittsville includes 25-storey residential highrise
A Montreal-based developer wants to build a new multi-residential project in Stittsville that would include more than 400 apartments but fewer parking spaces than current
Ottawa aggregate home prices rose 4.8% in 2023 but fell in Q4, Royal LePage says
The aggregate price of a home was $754,700 at the end of December, the real estate company said. While that was up from the start
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
December home sales were up 3.7 per cent compared with the same month in 2022, marking the largest year-over-year gain since August. The actual national
Minto Apartment REIT sells Nepean-area properties for $86M
Minto Apartment REIT has sold two properties to Ottawa Community Housing Corp. for $86 million as the company continues to raise money to pay down
Economists see ‘turning point’ in housing market this year as interest rate cuts loom
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a
Ottawa home sales rise in December as OREB hopes ‘consumer confidence is returning’
Ottawa home sales ticked up slightly in December compared with a year earlier but were still well below the five-year average as higher mortgage rates
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