Ottawa · Build, lease, hold

We design, build and operate what we own.

Fahel & Co Development is the construction and development arm of Fahel & Co, an Ottawa property management firm founded nine years ago. We build boutique multifamily infill in central Ottawa, lease it through our own leasing team, and manage it for the long term.

Delivered: 77 Florence, 312 Daly, 94 Russell · Next: 4 Oxford, Hintonburg

77 Florence, a six-unit new build in Centretown, Ottawa
77 Florence Street, Centretown. Six-suite new build, fully leased.
4,200+Residential units under management
9Years operating in Ottawa
32Suites delivered or in development across four sites
20+In-house staff: leasing, maintenance, property management
Development projects

Four sites, one method

Every project follows the same path: acquire an under-used central lot, take it through permitting and environmental clearance, build to OBC 2024 with local trades, then lease and operate it ourselves. Nothing is handed off.

Exterior of 77 Florence
Completed · Leased

77 Florence

Florence Street, Centretown, Ottawa

A six-suite boutique new build on a quiet Centretown street. Open-concept suites with island kitchens, dens and private balconies, a short walk from Bank Street. Built by Fahel & Co, leased by our in-house team and operated as part of our managed portfolio.

Scope
Ground-up new construction
Units
6 boutique suites
Status
Complete, stabilized and leased
Role
Owner, builder, property manager
Open-concept living and kitchen at 77 Florence Kitchen with island seating at 77 Florence Island kitchen and living space at 77 Florence Den workspace at 77 Florence
Exterior of 312 Daly, a heritage building in Sandy Hill
Completed · Leased

312 Daly

Daly Avenue, Sandy Hill, Ottawa

A heritage triplex converted into nine fully furnished studio suites for professionals, minutes from uOttawa, the ByWard Market and downtown. Fully permitted, Phase I environmental site assessment clear, mechanical and electrical engineered to OBC 2024. Delivered and now leased and operated by Fahel & Co.

Scope
Triplex to 9-suite conversion
Units
9 furnished studios
Status
Complete, stabilized and leased
Approvals
Building permit issued · Phase I ESA clear
Engineering
M&E by Elias Engineering
Role
Owner, builder, property manager
Renovated entrances at 94 Russell, Sandy Hill
Renovated · Leased

94 Russell

Russell Avenue, Sandy Hill, Ottawa

A four-unit brick walk-up steps from uOttawa, acquired in 2025 and fully renovated by Fahel & Co: new kitchens with stone counters, updated bathrooms, new entrances with smart locks, and a rebuilt rear deck. Leased through our in-house team on completion. Phase two, a four-storey rear addition and a top-floor addition, is in design with Elevenhaus and would add five suites, taking the building to nine units.

Scope
Full interior renovation
Units
4 suites (9 on completion of phase two)
Status
Phase one complete and leased · phase two in design
Role
Owner, builder, property manager
Rendering of 4 Oxford, an eight-unit boutique building in Hintonburg
Next · Pre-construction

4 Oxford

2–4 Oxford Street, Hintonburg, Ottawa

A corner lot in Hintonburg, two blocks from Wellington West. Brand-new eight-unit boutique building: six two-bedroom-plus-den suites and two one-bedrooms, European Juliet balcony doors, high-end finishes throughout. Development consulting by Elevenhaus. Fahel & Co will build, lease and operate the building on completion.

Scope
Ground-up new construction
Units
8 (6 × 2-bed + den, 2 × 1-bed)
Status
Design and permitting
Construction start
March 2027
Occupancy
November 2027
How we build

Owner, builder, operator

We are not a merchant builder. Every dollar of construction is spent on a building we will own and lease for years, so the trades we hire, the finishes we choose and the systems we install are picked for durability and operating cost, not just for day one.

01 · ACQUIRE

Site and diligence

Central Ottawa infill lots and under-used heritage stock. Zoning review, Phase I ESA, title and survey before we commit capital.

02 · DESIGN

Permit-ready drawings

Architectural, structural and M&E engineered to OBC 2024 with Ottawa-based consultants. We run the permit file ourselves.

03 · BUILD

Local trades, our oversight

Fixed-scope contracts with Ottawa contractors we have used across multiple buildings. Our maintenance team walks the site weekly and tracks draws against milestones.

04 · OPERATE

Lease and hold

Our own leasing agents list and fill the suites; our property managers run the building. Occupancy and rent roll are reported from the same system we use for 4,200 other units.

Local partners

Built with Ottawa trades

We work with a repeat bench of Ottawa consultants and contractors rather than bidding each job to strangers. The same engineers, electricians and general contractors show up on each of our sites.

Engineering

Mechanical and electrical by Elias Engineering. Environmental assessments by Paterson Group.

Construction

Fixed-price general contracting with local crews, including J.C. Construction, and our own in-house maintenance and turnover teams.

Development advisory

Design and development consulting by Elevenhaus (4 Oxford) and Foundry Advisors.

Managed portfolio

Where the buildings go after we build them

Finished projects join a managed portfolio of more than 4,200 units across Ottawa and Brockville, from new boutique infill to restored heritage walk-ups. Leasing, maintenance and accounting are handled in-house by a team of more than twenty.

252 Hinchey, Hintonburg
252 HincheyHintonburg · New construction
85 Rosemount, Hintonburg
85 RosemountHintonburg · Boutique infill
368 Tweedsmuir, Westboro
368 TweedsmuirWestboro · Built 2024
655 Donat, Kingsview Park
655 DonatKingsview Park · 10-suite new build
534 Lisgar, Centretown
534 LisgarCentretown · Brick infill