A $2 Million House in Ward 1 What Is Happening
Okay, mes amis. We often talk about the big-ticket items on the Hill, but the real story, as always, is just off it. And what I'm seeing from City Hall today, in the latest building permits issued, it's… *fascinating*.
You know how everyone complains about housing prices in Ottawa, right? Well, permit number BP 9NEW 25-9888 for a one-storey detached dwelling at 56 Inglewood Drive in Ward 1 just dropped with a value of $1,910,124. Almost two million dollars for a *one-storey* house. Just let that sink in for a moment. This isn't just about rising costs; this is about the kind of money flowing into specific pockets of our city. Inglewood Drive, for those not familiar, is right there in Rockcliffe Park — prime real estate, to be sure. But still. It’s a number that makes you look twice, even if you’re used to the Glebe-Hintonburg price wars.
Meanwhile, over in Ward 5, we’re seeing some interesting commercial movement. Co-operators Insurance at 55 Standish Court is doing nearly two million dollars in interior alterations and structural work on their 7th and 8th floors (Permit #BP 3ALT 26-445, $1,916,140). It’s a good sign for commercial investment, showing companies are still putting roots down, or at least refreshing existing ones, even if the federal workforce is still hybrid.
The real story is never on the Hill — it’s always just off it. This kind of investment, from luxury homes to corporate upgrades, tells us where the money is moving in our city right now. We'll be watching how these trends continue to shape our neighbourhoods.
Simone Okafor-Bouchard, MiTL Sports Desk, reporting live from the 613.
My colleagues on the morning show dive into these numbers every day, catch them at mornings.live.