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178 Nepean & 211-231 Bank Street, Ottawa, ON 3 photos

$14,500,000

Active
178 Nepean & 211-231 Bank Street, Ottawa, ON· Ottawa Centre
20914
Sq Ft

About this Property

Property being sold on an "as-is, where-is" basis under power of sale provisions. Approved plans for 9-storey, mixed use development with a total of 263 units and 101,509 sf of gross floor area. 178 Nepean & 211-231 Bank St offers an opportunity to develop a mixed use community near major downtown Ottawa landmarks. It is surrounded by complimentary amenities and businesses on busy Bank St. Nestled in a vibrant downtown node, with ample vehicle and pedestrian traffic. Close proximity to both the core business district as well as a short drive from the University of Ottawa and Carleton University.

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES · MLS# X12969088

Features & Details

Property details of 178 Nepean & 211-231 Bank Street, Ottawa, ON

Property TypeLand
StyleDesignated
Size20914 sq ft

Mortgage Calculator

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%
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Mortgage Payment$71,234/monthly
Principal54%
Interest46%
Principal Amount$11,600,000
Interest$9,770,245
Total Payable$21,370,245
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$71,234
Mortgage + Expenses$71,234
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$
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Monthly Cash Flow-$71,234

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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