Ottawa
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.
Mar 20, 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.
Hoping To Buy Or Sell This Year? This Developer Can Demystify The Market
Amid an uncertain market, this established developer is doing more than just building houses — they’re helping hopeful Canadians move forward in their real estate journeys with confidence.
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.
Development Projects
Three Ashcroft Homes Properties Placed Under Receivership After Developer Defaults On $6.5M In Loans
Three Ashcroft Homes properties totalling 600 residential units and 38,000 sq. ft of retail space were placed under receivership after management struggled to lease out approximately 40% of the retail space across the three buildings.
Ottawa
Hoping To Buy In Ontario? Ottawa May Be Your Best (Affordable) Bet
Ottawa realtor Matthew Mercier-Burns says that he’s seen an increase in Ottawa region buyers who have relocated from the GTA in favour of more affordable pastures — and, perhaps, a change of pace.
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