Residential

Apartment rents levelling off as parts of Ottawa are now ‘oversupplied,’ real estate exec says

Apartment rental rates in Ottawa “have peaked” and multi-residential complexes without amenities like on-site parking are “going...

InterRent eyes 2025 completion for Laurier Avenue office-to-residential conversion project

InterRent REIT says construction of 139 rental apartment units and 1,736 square feet of ground-floor commercial space in the Narono Building at 360 Laurier Ave. W. is “well underway.” 

Markham’s Sienna Senior Living acquiring Stittsville retirement home for $48M

A southern Ontario company is acquiring a retirement home in Ottawa’s west end for $48 million in...

Higher hopes: Creative Dev raises proposed Montreal Road rental complex to 21 storeys

In a revised planning application recently filed with the city, Creative Dev Ventures says it wants to build a 21-storey residential highrise at 1815 Montreal Rd., a few hundred metres east of Blair Road and about a kilometre north of the Gloucester Centre.

Tariffs could derail recovery of new home construction, sales in Ottawa

Uncertainty around the trade relationship between Canada and the U.S. could cause buyers of new homes in Ottawa to once again pull back from the market, one local official warns.

Windmill eyes mid-2025 start date for pair of major rental development projects

Windmill Development Group says it hopes to start construction later this year on a 24-storey highrise at 384 Arlington Ave., just west of Bronson Avenue, as well as two buildings at 2475 Regina St., just north of Richmond Road on the west side of the Kichi Zibi Mikan Parkway.

More homes for sale in Ottawa but buyers remain cautious, OREB says

The number of active residential listings in Ottawa last month were up 57 per cent from January...

Homestead looks to build 25-storey residential tower near Island Park Drive

Kingston-based Homestead Land Holdings has filed a site plan for the proposed tower at 210 Clearview Ave., which would include 187 apartment units and about 27,000 square feet of amenity space such as patios and terraces on the building’s podium.

Lépine files site plan for Stittsville project that includes 18-storey rental highrise

Lépine Apartments has filed a site plan for the project at 1000 Robert Grant Ave., where the company wants to construct the tower along with two other residential buildings of six and nine storeys.

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