LAND FOR SALE UNDER POWER OF SALE

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LAND FOR SALE UNDER POWER OF SALE 494-500 Lisgar Street, OTTAWA, ON Property highlights include: •  P  roperty is located in the Urban Core of Ottawa, in the historic Centretown Neighbourhood •  M  unicipal projections anticipate up to 30,000 new residents in Downtown/ Centretown by 2031 •  P  roperty is 66.2 ft. x 112.4 ft.; total area approximately 7,440 SF  oning: R4T (478) – Residential Fourth •  Z Density Zone •  C  urrent zoning bylaw allows for a 4-storey residential building •  Unpriced  ritten offers must be submitted no later •  W than Wednesday June 24th, 2015 at 4 p.m. on Vendor’s standard Offer to Purchase form Exclusively listed, please contact:

STEVE LERNER Executive Vice President Founding Partner, Broker 613.722.2020 ext 230 [email protected]

OTTAWA OFFICE 275 Bank Street Suite 301 Ottawa, ON K2P 2L6 Tel: 613.722.2020 Fax: 613.722.9898

PRIMECORP COMMERCIAL REALTY INC., BROKERAGE

Commercial Assets | Multi-Residential Assets | Retail Leasing | Office Leasing | Property Management

@Primecorp1

/Primecorp.Realty

www.primecorp.ca Toll free : 1.888.720.2020

Making A Difference LEASING & SELLING Real Estate

LAND FOR SALE UNDER POWER OF SALE 494-500 Lisgar Street, OTTAWA, ON

Making A Difference LEASING & SELLING Real Estate



OTTAWA

tORONTO

MONTREAL

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2

LAND FOR SALE UNDER POWER OF SALE 494-500 Lisgar Street, OTTAWA, ON

SNAPSHOT OF AREA In between Ottawa’s Downtown Business Core and the trendy residential neighbourhood of the Glebe lays Centretown, the best of both worlds. Serviced by numerous arterial roads that lead into Ottawa’s downtown, Centretown is a unique blend of residential and commercial buildings ranging from single family homes, to luxury condo developments, to multiple story office towers. The population of Centretown is 24,173 residents, during the week the daytime population increases due to the large employment base in the downtown core. The local population is quite diverse; the approximately 1 in 5 people residing in Centretown are considered recent immigrants (moved to Canada within the last 5 years). The population is increasing in the area as most amenities and employment opportunities are within walking or cycling distance of Centretown. At all times of year the sidewalks are full of pedestrians and the area is a very popular spot for tourists, it contains many of Ottawa’s prime attractions including: The Canadian Museum of Nature, National Arts Centre, Canadian War Museum, not to mention Parliament Hill and the Rideau Canal.

Making A Difference LEASING & SELLING Real Estate



OTTAWA

tORONTO

MONTREAL

Page

3