Residential

ClubLink to appeal court decision that maintains Kanata golf course as greenspace

Course owner says club is no longer financially viable and wants to partner with Minto Communities and Richcraft Homes to construct more than 1,500 homes on the 71-hectare property.

Ottawa home prices soar in February as sales hit record heights

The average price of a residential-class property jumped 27 per cent to nearly $720,000 last month compared with February 2020.

Home sales shifting towards pricier housing in Ottawa, CMHC says

While nearly half of all homes trading hands in the capital sold for less than $400,000 in 2019, less than a third of all transactions last year were in that price bracket, agency says.

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.
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