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Prime Downtown Ottawa Development Opportunity! A rare three-parcel land assembly strategically located at 440-454 Lisgar Street, offering a 15,745.52 SF footprint prime for transit-supportive, high-density multi-residential redevelopment. Offset your carrying costs with immediate, reliable holding income from two residential homes and a 50+ stall surface parking lot during the planning and entitlement phases.

Prime Downtown Ottawa Development Opportunity! A rare three-parcel land assembly strategically located at 440-454 Lisgar Street, offering a 15,745.52 SF footprint prime for transit-supportive, high-density multi-residential redevelopment. Offset your carrying costs with immediate, reliable holding income from two residential homes and a 50+ stall surface parking lot during the planning and entitlement phases.

440-454 Lisgar Street, Ottawa Centre

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.

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.

178 Nepean & 211-231 Bank Street, Ottawa Centre