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GWL Realty Advisors has opened its Livmore Westboro multi-family real estate project in Ottawa.

GWLRA Opens Livmore Westboro MF Tower in Ottawa

GWL Realty Advisors has completed construction on its Livmore Westboro Village multi-family real estate project in Ottawa.

Residents have begun to move into the property, which contains a 26-storey tower on a four-storey base. The project is GWLRA’s fourth Livmore project to be delivered since the brand was introduced in 2017.

“What really drew us to Westboro is that one it’s a 10-minute drive down to the downtown core,” said Erica Penrose, GWLRA’s vice-president of multi-residential, in an interview with Connect. “It’s a stone’s throw away from the LRT. So, [there is] good transit. It’s rich with amenities with the Westboro Beach.

“There is an excellent cycling path that is nearby, and it’s a very vibrant community and has well-established arts and retail and restaurants and local businesses. If you’re familiar with Toronto, it’s kind of like the Liberty Village of Ottawa. It just has that vibrancy and that fabric that’s a little different.”

GWLRA is looking to grow its footprint in the Ottawa multi-family marketplace. The demographic is elevated due to strong average salaries and income levels and a large government workforce, said Penrose.

“It’s a market that’s really craving new product,” she added, noting that people want to move up the quality curve as their salaries grow.

Toronto-based GWLRA is considering another Ottawa property that the company owns for an apartment project.

“We continue to see ourselves in that market and growing,” said Penrose.

Livmore Westboro’s delivery follows two Livmore completions in Toronto and the first phase of a Montreal project.


Inside The Story

Erica PenroseGWL Realty Advisors

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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