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235-241 Bank St 0.25 Acres of Residential Land Offered at $1,899,571 USD in Ottawa, ON K2P 1X2
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
| Price | $1,899,571 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.25 AC |
| Property Type | Land | ||
| Zoning | TM [2357] H(23.4) - Traditional Main Street | ||
| Price | $1,899,571 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.25 AC |
| Zoning | TM [2357] H(23.4) - Traditional Main Street |
1 Lot Available
Lot
| Price | $1,899,571 USD | Lot Size | 0.25 AC |
| Price Per AC | $7,718,790.58 USD |
| Price | $1,899,571 USD |
| Price Per AC | $7,718,790.58 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.
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235-241 Bank St
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