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Category: Residential

CAPREIT sells stake in 3 Ottawa apartment sites for $136M

Don Wilcox Residential Apartments Ottawa Jan. 26 2023

CAPREIT is continuing to shift its focus and reposition its extensive apartment portfolio, announcing the sale of its non-managing 50 per cent interest in three apartment properties in Ottawa, comprising 1,150 units, for $136.25 million.

What you should know about Canada's prohibition on foreigners acquiring residential real estate

Daniel Waldman Residential Legal National Jan. 25 2023

In the latest attempt to curb residential real estate prices in Canada, Parliament has introduced a statute aimed at making housing more affordable and accessible to Canadians.

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