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$ 14,500,000
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 4102 - Ottawa Centre
MLS Listing ID X12969088
Annual Tax Amount $192,481
Tax Year 2025
Property Sub-Type Land
Property Description
Property being sold on an "as-is, where-is" basis under power of sale provisions. 178 Nepean Street and 211-231 Bank Street benefit from plans prepared for a proposed 9-storey mixed-use development with 263 residential units and approximately 101,509 square feet of gross floor area. Purchasers are encouraged to undertake their own due diligence regarding development potential and approvals. The property offers a redevelopment opportunity in the heart of downtown Ottawa. The site is surrounded by a wide range of amenities, restaurants, retailers, and services along Bank Street, and benefits from excellent access to the central business district, the University of Ottawa, Carleton University, and major transit routes.
Location
Province ON
County Ottawa
Area Ottawa
Exterior
Utilities Available Yes
Lot Frontage 242.98
Others
ParcelsYN No
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
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