Kathleen Taylor - Coldwell Banker Momentum Logo
$8,500,000
 $45,630 est/mo Sourced by Back At You

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

Lower Town - Sandy Hill, ON K1N 7M2

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Description

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.

Details

MLS #X13496488
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site60
Listing Provided ByPMML INC. | X13496488 500100

Features

SQ Feet16,942
Acreage0.39

Exterior

Community FeaturesPublic Transit, Recreation/Community Centre

Utilities

UtilitiesAvailable
SewerSanitary+Storm Available

Taxes

Tax Annual Amount61237.9
Tax TypeAnnual
Tax Legal DescriptionPT OF LOT B AND 7, RP 43586
Tax Year2026

Area Information

ProvinceON
RegionOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 7M2
Area4002 Lower Town
Listing VS Median (in K1N 7M2)
Price:
$8,500,000
low | high
Med:
$8,500,000
50% of Average
sqft:
16,942
low | high
Med:
16,942
50% of Average
$ / sqft:
$502
low | high
Med:
$502
50% of Average
On site:
60
low | high
Med:
60
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Kathleen Taylor

Kathleen Taylor

Momentum Realty

Sales Representative (905) 246-1836kathleentaylorrealtor@gmail.com
ProvinceON
RegionOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 7M2
Area4002 Lower Town
Listing VS Median (in K1N 7M2)
Price:
$8,500,000
low | high
Med:
$8,500,000
50% of Average
sqft:
16,942
low | high
Med:
16,942
50% of Average
$ / sqft:
$502
low | high
Med:
$502
50% of Average
On site:
60
low | high
Med:
60
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $6.375M - $10.625M
sqft: 12,500 - 21,000
Nearby Listings Property ImageNearby Listings Details
24 Clarence Street Property Photo 1
$21
24 Clarence Street
Lower Town - Sandy Hill, ON K1N 5P4
Listing Updated: June 26, 2026 at 5:27:16 PM PDT

Kathleen Taylor - Coldwell Banker Momentum