Apartments up, single-family homes down in Ottawa land review
Published Monday, November 19, 2012 5:32PM EST
Last Updated Monday, November 19, 2012 6:23PM EST
The City of Ottawa has updated its residential land use plan to reflect the ongoing condo boom.
Official statistics released Monday said demand for condos drove the percentage of apartments and townhouses in Ottawa’s market to 30 per cent over the last five years.
That’s seven per cent more than the city had projected for that time frame.
The expected share of single-family homes fell to 36 per cent from an expected 43 per cent.
In the memo, city staff say there’s at least a 20-year supply of land for all types of housing in Ottawa.
For that reason, it’s not recommending city council consider expanding the urban boundary for residential purposes during this review process.
That report will go before the city's planning community Nov. 27.
With a report from CTV Ottawa’s Natalie Duddridge