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Sunday, August 9th, 2026

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$8,500,000
Available - For Sale
Listing ID: X13496488
Rare opportunity to acquire a flagship 121-unit mixed-use development site in the heart of downtown Ottawa, approved for an 8-storey project featuring 67 hotel suites and 54 residential units. The approved development includes ground-floor commercial space and two levels of underground parking. More than a decade in the making, this landmark redevelopment has been carefully planned to deliver a strategic mix of hospitality, residential and retail uses. Positioned along one of Ottawa's busiest arterial corridors, directly beside the recently completed 9-storey Holiday Inn Express, the property offers exceptional visibility and long-term growth potential. The surrounding area is undergoing significant public and private reinvestment, with major redevelopment projects, new housing, streetscape improvements and City-led community initiatives supporting the neighbourhood's continued evolution. The project is supported by a comprehensive package of planning approvals, engineering reports and technical due diligence, providing a clear path toward near-term execution. An exceptional opportunity for developers, hotel operators, institutional investors and joint venture partners seeking a premier urban development opportunity in one of Canada's strongest mixed-use markets. Just steps from Parliament Hill, the ByWard Market, the University of Ottawa, Rideau Centre, LRT transit and the Gatineau bridges.
Price $8,500,000
Taxes: $61,237.9
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Vacant
Address: 275 King Edward Avenue , Lower Town - Sandy Hill, K1N 7M2, Ottawa
Postal Code: K1N 7M2
Province/State: Ottawa
Legal Description: PT OF LOT B AND 7, RP 43586
Directions/Cross Streets: Clarence Street / Murray Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Designated
Total Area: 16,942
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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PMML INC.

275 King Edward Avenue , Lower Town - Sandy Hill, K1N 7M2, Ottawa

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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Type: Com - Land
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4002 - Lower Town
Style:
Lot Size: x 102.45(Feet)
Approximate Age:
Tax: $61,237.9
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com