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10th Apr 2025

Ottawa Homes Sales Remain 24% Below the 5-Year Average

In March 2025, Ottawa's housing market remained stable amid economic uncertainty. Home sales dipped 6.2% year-over-year, while active listings surged 60.3%, offering buyers more choices. Benchmark prices rose modestly, except for condos, which declined 4.3%. Lower interest rates are nudging cautious buyers back into the market.

Read the full report by OREB.

27th Mar 2025

$27M Churchill Park Sale Revitalizes Ottawa’s Office Market

The Regional Group's $27 million acquisition of Churchill Office Park marks a pivotal moment for Ottawa's office market, signaling renewed confidence in suburban office spaces. The complex features 16 private-sector tenants, such as BMO and MNP. It was 81% occupied with a weighted average lease term of 4.5 years.

Read the full story by CoStar.

21st Mar 2025

Forum Plans Repositioning of Student Housing in Ottawa

Forum Asset Management plans to reposition the 28-storey student housing tower at 256 Rideau Street, Ottawa, under its Real Estate Income & Impact Fund (REIIF) in Q3 2025. Acquired for $183M, the building, now named ALMA @ ByWard Market Ottawa, offers 579 units with 742 beds. Choo Communities originally developed the project.

Read the full story by Storeys.

20th Mar 2025

Forum REIIF Acquires Student Housing in Ottawa for $183M

Forum Asset Management announced its Real Estate Income & Impact Fund's (REIIF) Q4 2024 results, highlighting a new forward purchase agreement for a student housing building in Ottawa. The $183 million acquisition of Envie Rideau will expand the REIIF’s holdings to over 2,759 beds. Forum's assets total over $3.1 billion.

Read the full story by Storeys.

13th Mar 2025

Ottawa Home Sales Drop but Prices Remain Stable

In February, home sales in Ottawa totalled 809 units, a 10.2% drop compared to the previous year. Despite this decline, prices remained stable, with the overall MLS® HPI composite benchmark price rising 4.4% year-over-year to $658,300. New listings increased by 4.8%, and active residential listings surged 61.4%, providing more options for buyers.

Read the full report by OREB.

6th Mar 2025

Ottawa’s Troubled Eastboro Site Listed for Sale

Ashcroft Homes' Eastboro site, a 67.7-acre development in Orleans is listed for sale by CBRE. The project was placed under receivership in October due to over $80 million of debt. Unforeseen soil issues in 2023 led to setbacks and disputes over the 958-home project. The site contains 25 partially-built houses.

Read the full story by Storeys.

As a legal practitioner with a busy practice, Real Estate Recap provides me with an insightful and quick update on the current real estate happenings in Canada. Not only is the information helpful for my personal use, it goes a long way in dealing with relevant legal issues for clients.

Real Estate Recap is a fantastic resource! It’s packed with useful information about market trends and provides educating insights that help readers understand the real estate market better. The practical tips and clear explanations make it a must-read for anyone looking to stay informed and learn more about the real esate market!

Staying on top of real estate news can be hard, but thanks to RealEstateRecap, I don’t miss a beat. Their updates are informative, and make it easy to stay in the know. Great Newsletter, Thank you

Very informative newsletter! It is now my go to source for all real estate news.

Great newsletter! Very insightful and it provides all the key points without being a long, tedious read. Very well done!

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15-Second Real Estate Updates.

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Latest Stories

Ottawa Homes Sales Remain 24% Below the 5-Year Average

$27M Churchill Park Sale Revitalizes Ottawa’s Office Market

Forum Plans Repositioning of Student Housing in Ottawa

Forum REIIF Acquires Student Housing in Ottawa for $183M

Ottawa Home Sales Drop but Prices Remain Stable

Ottawa’s Troubled Eastboro Site Listed for Sale

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