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235-241 Bank St
Ottawa, ON K2P 1X2
Land For Sale · 0.25 AC

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EXECUTIVE SUMMARY

Located on the corner of Bank & Lisgar (Southeast corner), 5 blocks south to LRT Parliament Station. Approved for 42 apartment units and ground floor retail over 6 floors. Current owner plans to build commercial retail on ground floor (approx. 4500 sf) and 6 floors of residential apartments (44 units) of approx. 7000 sf each floor. Current zoning will allow another 2 floors (9 floor total) – city may allow more. Site Plan Approved for 42 units.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Apartment Units
Total Lot Size 0.25 AC
Zoning TM [2357] H(23.4) - Traditional Main Street

1 LOT AVAILABLE

Lot

Price $1,870,517 USD
Price Per AC $7,600,730.98 USD
Lot Size 0.25 AC

DEVELOPMENT LAND FOR SALE WITH APPROVED SITE PLANS – REDUCED PRICE. Lot Size: approx. 10,720 sq ft (irregular)

DESCRIPTION

Development land of about 10,720 SF on the corner of Bank & Lisgar (Southeast corner). Current zoning will allow another 2 floors (9 floor total) – city may allow more.

  • Listing ID: 33871393

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 235-241 Bank St, Ottawa, ON K2P 1X2

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