Ottawa

Mizrahi To Renegotiate Presale Contracts For Ottawa Project In Restructuring
Development Projects

Mizrahi To Renegotiate Presale Contracts For Ottawa Project In Restructuring

The 12-storey luxury condo development coming up in Westboro was started back in 2015 and is now in the final stages of construction.

Multifamily

Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

Listed Commercial

Ashcroft Homes' Eastboro Site In Receivership Listed By CBRE

An Ottawa development that was placed under receivership in October is now being listed for sale by CBRE's Land Services Group on behalf of restructuring firm MNP.

Office

Allied Properties REIT Exits Ottawa With $86.5M Sale Of Heritage Chambers Office

​Allied Properties REIT sold 40 and 46 Elgin Street, its last two properties in Ottawa, in December to the Government of Canada.

Real Estate News

Ottawa Bucks Trend Of Slow Home Sales With 72% Spike In Townhomes

Data shows that multi-family unit sales in Canada' capital grew by 75% between 2023 and 2024, to 2,079 sales — an increase overwhelmingly driven by new townhome sales.

Meet The Agent

Meet The Agent: Randa Salib, Sutton Group Ottawa Realty

It's time to say "Hello" to Randa Salib of Sutton Group Ottawa Realty, Inc., who focuses on Ottawa and surrounding areas.

Meet The Agent

Meet The Agent: Sarah Percival, Engel & Völkers Ottawa

It's time to say "Hello" to  Sarah Percival, Engel & Völkers Ottawa, who focusses on Ottawa and the surrounding areas.

Real Estate News

Ashcroft Homes Denied After Attempting To Discharge Ottawa Receivership

The Ottawa-based developer secured new financing to clear $6.5M in debt and climb out of receivership in mid-September, but was ultimately denied in late-November.

Industry

Another Ashcroft Homes Property In Receivership Over $80M Debt

A receivership application was filed following construction setbacks and litigations with the City of Ottawa that added overwhelming costs to the Orleans subdivision project.

Development Projects

These Ottawa Townhomes Are Doing 'Affordability' Differently

A new Ottawa townhome launch that breaks out of the current market standard — with prices starting as low as $349,990 — is working to bring the "homeowner" title closer.

Ottawa

Sobeys Proposes Ambitious 7-Tower Development For Orleans In Ottawa

Plans reveal a massive development with buildings ranging from seven to 18 storeys, offering 1,076 new units and 735 sq. m of retail space.

Industry

Ottawa Shopping Mall Makes A Comeback From Receivership Order Issued In June

As far as receiverships go, things have taken an atypical turn for the Ottawa Train Yards, which were involved in an appointment order in early June amid allegations of a $40M debt.