178 Nepean & 211-231 Bank Street, Ottawa, ON K2P 0B6
Ottawa, ON K2P 0B6 · Land
$14,500,000
List Price- Status
- For Sale
- Days on Site
- 96
- Listed on Site
- Apr 8, 2026
- MLS® #
- X12969088
- Source
- IDX (PropTx)
- Last Updated
- Jun 9, 2026
- Occupancy
- Partial
- Possession
- TBC
- Listing Brokerage
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
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 Type
- Commercial
- Property Style
- Land
- Square Footage
- 20,914 sqft
- Neighbourhood / Community
- 4102 - Ottawa Centre
- County / Region
- Ottawa
- Land Size
- 243.0 x 0.0 FT (Irregular)
- Annual Property Taxes
- $192,481 (2025)
- Zoning
- Traditional Mainstreet Zone - TM [3004] S505
- Sewer
- Sanitary+Storm
- Lot Size
- 243.0 x 0.0 FT
- Depth
- 0.0 ft
Tour with a local real estate agent
Directions: Fully city block on Bank St between Nepean St and Lisgar St.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Data provided by: Ottawa Real Estate Board