235-241 Bank St 0.25 Acres of Residential Land Offered at $3,000,000 CAD 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
1 LOT AVAILABLE
Lot
| Price | $3,000,000 CAD |
| Price Per AC | $12,190,315.20 CAD |
| 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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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (91)
Bike Score®
Biker's Paradise (99)
ZONING
| Zoning Code | TM [2357] H(23.4) (Traditional Main Street) |
