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Ottawa Centre · K2P 0B6
$14,500,000
MLS® #X12969088
About this property
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.
General information
Building and mechanicals
Parking and garage
Lot and land
Taxes
Mortgage estimate
Estimated monthly payment
$61,229
Down payment: $2,900,000 · Loan: $11,600,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jun 9, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.