All photos · 4
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.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES · Co-listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
MLS®# X12969088 · Last modified 2026-06-09
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Stephan Gauthier is a Broker with Real Broker Ontario Ltd., Brokerage. Each office independently owned and operated.
Estimated monthly payment
$71,234
Down payment: $2,900,000 · Loan: $11,600,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
