Residential

Board says the number of condos listed for sale is 25 per cent higher than a year ago, and properties are staying on the market longer. 

The REIT is providing $11.9 million for a joint venture between Minto Properties, and a subsidiary of B.C.-based Darwin Properties to build the first phase of a master-planned community in North Vancouver.

The average sale price of a home in Ottawa was $524,956 in the first 10 months of 2020, brokerage said Tuesday, up 19.2 per cent from a year earlier.

The 6.65-acre property is now home to an abandoned industrial building previously owned by dairy giant Saputo.

Developer is proposing a nine-storey mixed-use building that will incorporate the shuttered 1930s-era gas station at 70 Richmond Rd. into the design.

Firm says it’s buying a 50-suite apartment building at 141 Augusta St., just east of the ByWard Market, and the Surrey Place and Hunter’s Point complex south of Hunt Club Road.

Urban Capital filed an application last fall to demolish the well-known Centretown watering hole and build a 128-unit apartment complex.

Le Vibe, a Gatineau development that includes 181 rental suites, is Manulife Investment Management's first residential purchase in the National Capital Region.

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.

ClubLink’s proposal calls for more than 1,500 housing units on the current site of the Kanata Golf and Country Club.