178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6
$14,500,000
178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6, Ottawa Centre, ON
20914.0 sqft
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 Highlights
For Sale
MLS NO.
X12969088
Type
Commercial
Sub Type
Land
Square Footage
20914.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12969088
Lot Width
242.98
Lot Size
20914.0
Lot Size Units
SquareFeet
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6
City
Ottawa Centre
Neighbourhood
4102 - Ottawa Centre
County / Region
Ottawa
Province / State
ON
Postal Code
K2P 0B6
Cross Street
On Bank St between Nepean St and Lisgar St.
Directions
Fully city block on Bank St between Nepean St and Lisgar St.
Country
CA
List Price
$14,500,000
Annual Taxes
$192,481
Tax Year
2025
Legal Description
See attachments
Possession Type
Flexible
Possession Details
TBC
Listing Office
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Board
Ottawa Real Estate Board
Original Entry
2026-04-08T12:20:34Z
Media Updated
2026-04-08T12:20:34Z
Photos Updated
2026-04-08T12:20:34Z
Last Modified
2026-06-09T14:09:08Z
System Modified
2026-06-09T14:09:08.245198Z
MLS Status
New
Co List Office Name
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Ddfyn
Yes
Expiration Date
2026-09-09
Hstapplication
In Addition To
Occupant Type
Partial
Originating System Id
A00001796
Parcel Number
041150236
Public Remarks
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.