Rare opportunity to acquire a landmark development site in the heart of downtown Ottawa. Approved for an 8-storey mixed-use project with approximately 67 hotel rooms, 54 residential units, ground-floor commercial space, and two levels of underground parking. Flexible concept allowing various hotel, residential, or mixed-use configurations, with upside potential to increase unit count through future design optimization. Steps from Parliament Hill, ByWard Market, Ottawa U, and Gatineau bridges.
Prominent frontage on King Edward Avenue, one of Ottawa’s primary arterial corridors, carrying significant daily traffic volumes and providing exceptional visibility and exposure. Excellent access to public transit, major tourist attractions, restaurants, retail, government offices, and bridges to Gatineau.
Approved mixed-use development featuring 67 hotel suites (Levels 2–4) and 54 residential units (Levels 5–8). Ground floor includes a hotel lobby, front desk, breakfast lounge, fitness centre, pool, guest laundry and leasable retail/commercial space. Two underground parking levels. HST in addition to the purchase price.
