Your city hall is building big houses and more industrial buildings
Bonjour, mes amis. Simone Okafor-Bouchard here, giving you the real deal from just off the Hill, where the paperwork goes through more levels of approval than a new federal policy.
The big one on my desk today, according to the latest batch of issued building permits, is a massive residential permit for a single-story detached dwelling at 56 Inglewood Drive in Ward 1. We’re talking a cool $1,910,124 for just one house. *Une maison!* That's nearly two million dollars for a single-family home. It makes you wonder about the property taxes on that one, non?
Then, looking at the active development applications, it seems like Ward 1 is also a hotspot for townhouses. Application SP 25 68 is for a Section 47 block 8 at 1082 Lakeshore Road East, and another one, SP 25 67, is for a townhouse development across 376, 390 Derry Rd W and 0 Oaktree Circle in Ward 11. It’s clear that development in the west end, especially around the Greenbelt, is a major focus right now. We also see two industrial buildings proposed for 0 Tenth Line West in Ward 9. It’s a lot of growth on the edges of the city.
What this all means for you, my friends, is that Ottawa continues to expand, and the housing market, especially for larger builds, is still very active. Keep an eye on these developments as they move from "application in process" to actual construction. The real story is never on the Hill — it’s always just off it.
Simone Okafor-Bouchard, signing off.
You can hear more on this every morning with me and the gang at mornings.live.