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178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6

Ottawa Centre, ON

$14,500,000
MLS® #: X12969088
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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.

Quick Details

BedsN/A
BathsN/A
TypeCommercial
Sq Ft0
Taxes$192,481
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Comprehensive Property Details

Building Area Total 20914
Building Area Units Square Feet
City Region 4102 - Ottawa Centre
Co List Office Key3 478300
Co List Office Name AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Co List Office Name3 AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Contract Status Available
Country CA
County Or Parish Ottawa
Cross Street On Bank St between Nepean St and Lisgar St.
D D F Y N Yes
Directions Fully city block on Bank St between Nepean St and Lisgar St.
Expiration Date 2026-09-09
Freestanding Y N No
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R Ottawa Real Estate Board
List Office Name AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
List Price Unit For Sale
Lot Depth 0
Lot Shape Irregular
Lot Size Area 20914
Lot Size Area Units SquareFeet
Lot Size Source GeoWarehouse
Lot Size Units Feet
Lot Type Lot
Lot Width 242.98
Mls Status New
Occupant Type Partial
Parcel Number 041150236
Possession Details TBC
Possession Type Flexible
Postal Code K2P 0B6
Property Sub Type Land
Property Use Designated
Roll Number 061404180118600
Sign On Property Y N No
Standard Status Active
State Or Province ON
Street Name Nepean & 211-231 Bank
Street Number 178
Street Suffix Street
Tax Legal Description See attachments
Tax Type Annual
Tax Year 2025
Transaction Type For Sale
Vendor Property Info Statement No