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$14,500,000

178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6

Ottawa Centre

Square feet
20,914
Type
Land
AI summary
Reading the listing details…

About this listing

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 details

Price per sqft
$693
Days on market
65 days
Property taxes
$192,481/yr (2025)

Payment calculator

$2,900,000 (20%)
%
Estimated payment
$64,203 /mo
Mortgage amount
$11,600,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X12969088

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

On market since Apr 8, 2026

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About 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6

How much is 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6?

178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 is listed for $14,500,000 CAD.

What type of property is 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6?

178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 is a Land, 20,914 sq ft.

What neighbourhood is 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 in?

178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 is in Ottawa Centre, Ontario.

Is 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 for sale or for rent?

178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 is currently for sale.

How do I book a showing for 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 178 Nepean & 211-231 Bank Street, Ottawa Centre, ON K2P 0B6 (MLS# X12969088). You can also send a message through the contact form on this site.