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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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211-231 Bank Street Ottawa
For SaleOttawa Centre

211-231 Bank Street Ottawa, Land for Sale

MLS® X12969088

Ottawa, ON

212 days on market
$14,500,000
Show on Map
Show on Map
N/ABeds
N/ABaths
20,914Sqft
N/AParking
Land

Overview· 211-231 Bank Street Ottawa

MLS® #X12969088

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.

Broker

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

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Schools8210 schools within 1.5 km · nearest 299 m10 schools within 1.5 km · nearest 299 m
Parks352 parks within 1 km · nearest 346 m2 parks within 1 km · nearest 346 m
Convenience8228 groceries, cafes and pharmacies within 1 km · nearest 282 m28 groceries, cafes and pharmacies within 1 km · nearest 282 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 211-231 Bank Street Ottawa

Source: MLS® listing data
211-231 Bank Street Ottawa

Land

211-231 Bank Street Ottawa

Ottawa Centre

Type

Land

Property Tax

~$192,481/yr

Buying Essentials

Square Feet

20914 sqft

Finances

List Price

$14,500,000

Price per SQFT

$693/sqft

Property Tax

~$192,481/yr

Property Specs

Property Type

Land

MLS Size

20914 sqft

Policies & Utilities

Neighbourhood

Ottawa Centre

Listed On

Apr 8, 2026

Price & Listing History

Days on Market

Current: 212 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$58,321/mo
Property Tax$16,040/mo
Total Monthly$74,362

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0