The 5,200-square-foot warehouse, located at 2764B Sheffield Rd., is positioned to serve not only Ottawa, but other nearby metropolitan areas, the company said in a news release.
Achieving housing affordability for everyone in Canada will require developers to become more productive and make full use of land holdings to build more housing, CMHC says.
The Bank of Canada said in a study Monday that the closure of many downtown services coupled with a desire for more living space increased demand for homes in suburban areas.
CSDI is proposing to build an NHL hockey arena and events venue surrounded by mixed-use development, located on Albert Street between Preston Street and City Centre Avenue.
As the exodus of city dwellers to rural areas intensifies, residents in towns such as Embrun and Limoges are cautiously observing the impacts on their small communities.
Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
Realtors and lawyers say they have noticed buyers looking at what options they have to get out of a purchase because conditions have shifted dramatically from the previous highs and frenzied pace.
Construction association boss says work stoppage is another challenge for an industry already beset by a shortage of skilled labour, supply chain disruptions and soaring inflation.
A blossoming Ottawa-based property management firm has chosen one of Canada’s fastest-growing cities for its first acquisition outside the National Capital Region.
Ottawa firm said its funds from operations rose nearly 18 per cent compared with the first quarter of 2021, while its same-property occupancy rate jumped almost five percentage points.