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CoStar Insight

Essential retail keeps Ottawa power and neighbourhood centres resilient

Vacancy falls even as it remains elevated at malls
Kanata Lakes Plaza, built in 2022, is a neighbourhood centre anchored by a supermarket. (CoStar)
Kanata Lakes Plaza, built in 2022, is a neighbourhood centre anchored by a supermarket. (CoStar)
CoStar Analytics
June 5, 2026 | 12:05 P.M.

Retail property performance in Ottawa continues to diverge sharply by shopping centre type, reflecting how households are allocating spending amid the rising costs of goods and economic uncertainty.

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