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Developer Brigil to buy former downtown Greyhound terminal

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Real estate developer Brigil is purchasing the site of Ottawa’s former downtown Greyhound bus terminal and is planning a major redevelopment of the property, the company announced Monday.

The one-hectare Ottawa Central Station site on Catherine Street is a “a prime location for a prestigious project promoting urban densification,” the company said in a news release.

Plans are already underway to build a multi-use space featuring luxury rental condos, office space, hotel buildings, restaurants and retail stores, Brigil said.

Greyhound had operated out of the station since 1994 but announced its plans to leave the terminal in October, after suspending bus service across the country in May because of the COVID-19 pandemic.

The station is owned by the Crerar Group of Companies, a commercial real estate firm. Brigil said its offer to purchase was accepted in December with conditions, and that the final sale will close March 1.

“I am delighted that the Brigil team is the one that gets to conceptualize this new project, committed as we are to building comprehensive living environments where residents can thrive, said Brigil president and founder Gilles Desjardins in the press release.

Zoning permits 27 storeys

The company also said it has invited architectural firms from Ottawa, Toronto and Montreal to participate in a design competition. It intends to submit project plans to the City of Ottawa in the spring and to begin construction in 2023. 

Current zoning rules would allow the company to build up to 27 storeys high, the release said. 

Founded in 1985, Brigil has built some 12,000 housing units across the National Capital Region and plans to build 33,000 more over the next 15 years, according to the company.

Greyhound bus services remain suspended across Canada. The transportation company has not announced a new terminal location in Ottawa.

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Real Estate

This Ontario Manor Has More Rooms Than You Could Use & Costs Under $1 Million (PHOTOS)

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It turns out that some Ontario family homes are basically mini-mansions.

This Ontario house for sale comes with more rooms than you’ll ever probably need, and it will cost you less than a small Toronto home would.

The house is in Milverton, Ontario, which is a short drive away from Kitchener.

The listing was built in 1910 and has a ton of rooms, plus it sits on over an acre of land.

There are 12 rooms in all, but that doesn’t include the attic and fully renovated garage.

With that much space comes some pretty unique features, like this amazing vintage safe that’s hidden away in the house.

The house’s turret also lends itself to some unique interior room shapes as well.

There are five bedrooms, which will come in handy when you can have friends and family stay at your place again.

Outside of the house, the barn/garage comes with its own spacious interior.

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Real Estate

8 Of The Cheapest Homes You Can Get Around Ottawa (PHOTOS)

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Not all houses in the National Capital Region come with an enormous price tag. Luckily, there are still some affordable homes for sale around Ottawa if you’re on a tight budget.

The average price of a home in Ottawa is $591,413, according to Zoocasa. But if you’re willing to look outside of the city, you can find much cheaper options.

Here are eight incredible places to live that will make you eager to pack up your stuff and move, including one home with a pool.

Five-Bedroom Home

Price: $299,900

Address: 981 Dianne Ave., Rockland, ON

Description: If you crave a separate space for your home office, this five-bedroom home with a garage has tons of room.

Constance Lake Retreat

Price: $260,000

Address: 168 Constance Lake Rd., Ottawa, ON

Description: While living here, you can enjoy swimming in the pool and the picturesque lake view.

Two-Bedroom Duplex

Price: $259,900

Address: 138 Rue Archambault, Gatineau, QC

Description: This duplex has so much potential and is only a short drive from restaurants and stores.

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Real Estate

It’s a renters’ market for businesses that believe the office will make a comeback post-pandemic

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Empty offices left behind by newly minted remote workers and other upheaval caused by the pandemic have begun to show up on the rental market, and it’s presenting some prospective tenants with opportunities they couldn’t have imagined prior to COVID-19.

“They’re getting the red carpet rolled out,” said Darren Fleming, an Ottawa-based commercial real estate broker.

It’s almost a year into the pandemic, and Fleming and his team at Real Strategy Advisors are seeing companies that were on the fence about what to do with office space that’s been sitting empty now starting to downsize.

“It’s to either get rid of about half their space or go [fully] virtual,” said Fleming, the firm’s CEO.

That’s an even bigger shift than he expected just six months ago, when he estimated clients would shed about 25 per cent of their space.

But for those clients who are looking for new space, Fleming says they have an “unparalleled amount of choice” and the potential to land incentives such as free rent for one year.

“If you’re a tenant looking for space right now, there’s a whole lot of people who don’t have a lot of alternatives to rent to,” he said.

Michael McNaught and his growing team at RVezy, an RV rental marketplace company, are prospective tenants seeing the market change first-hand.

In March 2020, McNaught was about to sign a lease for new office space in Ottawa, but then the pandemic hit. RVezy sent all of its staff home to work remotely and put the lease-signing on hold.

Since then, RVezy’s business has doubled and its workforce has nearly tripled from about 20 employees at the start of 2020 to 55 now, with plans to keep hiring.

“We just happened to be one of the fortunate businesses that was well suited during this pandemic,” McNaught, the company’s co-founder, said.

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