“Nothing ventured, nothing gained.” At least, so the popular saying goes. The market for apartment buildings in the early 1960s was hot. Really hot. It was during this time that such large builders like Mastercraft, Assaly, Minto, and numerous others started looking upwards as much as they were outward into the greenfield development they had been through the 1950s. The action wasn’t limited to the larger players, however.
Back in March, I transcribed the list of apartment buildings from the 1945 Might’s Directory of the City of Ottawa and ran some minor analysis of the proportion of apartment buildings in each of Ottawa’s neighbourhoods. I decided to jump ahead to 1955, as a massive transition in the Canadian housing market was well underway.
If you’ve run into me lately, you were doubtlessly entreated to some words about apartment buildings in Ottawa. I can’t help it, the topic has been rolling around in my mind for a decade or so.