211-231 Bank Street, Ottawa Centre, ON K2P 0B6
4102 - Ottawa Centre, Ottawa Centre · Near On Bank St between Nepean St and Lisgar St. · View map
About this home
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.
The home
- Type
- Land
- Square footage
- 20914 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $192,481/yr
- Tax year
- 2025
- Occupancy
- Partial
- Possession
- TBC
- Cross street
- On Bank St between Nepean St and Lisgar St.
- Neighbourhood
- 4102 - Ottawa Centre
More
- MLS® number
- X12969088
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
211-231 Bank Street, Ottawa Centre, ON K2P 0B6
4102 - Ottawa Centre, Ottawa Centre · Near On Bank St between Nepean St and Lisgar St.
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Listing history for 211-231 Bank Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 211-231 Bank Street
Answers come straight from this home’s MLS® listing.
How much is 211-231 Bank Street listed for, and what would it cost each month?
211-231 Bank Street is listed for $14,500,000. With 20% down ($2,900,000), the mortgage payment would be roughly $58,489 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $74,529 a month, all in. That figure is an illustration, not a quote.
Is 211-231 Bank Street freehold or a condo, and is there a monthly fee?
211-231 Bank Street is a land in 4102 - Ottawa Centre, Ottawa Centre. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 211-231 Bank Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 211-231 Bank Street?
211-231 Bank Street is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
What are the property taxes for 211-231 Bank Street?
Property taxes are $192,481 a year (2025), or about $16,040 a month.
Where is 211-231 Bank Street?
211-231 Bank Street is in the 4102 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is On Bank St between Nepean St and Lisgar St.. The postal code is K2P 0B6.
Is 211-231 Bank Street still for sale?
Yes. It is an active listing (MLS® X12969088). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 211-231 Bank Street asking?
Similar properties for sale nearby right now include 330 Gilmour Street at $12,000,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 211-231 Bank Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 211-231 Bank Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
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Courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.