Prices expected to rise 17% throughout Ontario in 2021 with younger generation an active segment of buyers
Proposal calls for 127 units on Norman Street, just west of Preston Street, as part of company's bid to build 'a portfolio of high-quality rental buildings' in the core.
Ottawa Carleton Construction wants to build a six-storey development with 30 residential suites and about 1,500 square feet of commercial space on the northwest corner of Bank and Florence streets.
Significant price increases and overvaluation are causing housing sectors in Ottawa and other major Canadian cities to face “high” levels of vulnerability.
Partner in local agency Blue Panda Realty is no stranger to the limelight.
It's company's second Gatineau acquisition in less than six months, and firm is eyeing more properties in the National Capital Region.
Family-owned business has grown from passive investments to a diversified real estate development and management firm.
Mixed-use development on the corner of Richmond Road and Winston Avenue would include more than 40 rental suites and ground-floor retail space.
Ottawa-based real estate investment trust said its funds from operations rose nearly 11 per cent last year to $56.7 million.
Builders started work on just 754 new units last month, down from 1,178 in February 2020, the housing agency reported Monday.