3393 & 3449 St Joseph Boulevard 2 Land Properties Offered at $14,550,000 CAD in Multiple Locations

Lennard Commercial Realty, Brokerage (the “Advisor”) has been retained by MNP (the “Receiver”) to facilitate the sale of two adjacent development sites located at 3449 St.
Joseph Boulevard and 3393 St Joseph Boulevard, Ottawa, Ontario. The sale of these two properties is to be completed through the Court Appointed Receiver.
The properties are being marketed co-jointly, but interested buyers will be asked to present distinct offers for each property.
3449 St. Joseph Boulevard (3449) is a 7.12 parcel of vacant land located to the north of St. Joseph Boulevard with frontage along the south side of Highway 174 and along the
west side of its eastbound on-ramp access, in the community of Orleans in Ottawa’s east end.
3993 St. Joseph Boulevard (3993) is a 0.525-acre site, which is also vacant, located directly on the north side of St. Joseph Boulevard, providing access to the main street artery
and abutting the south side of 3449 St. Joseph Boulevard
The properties offer a unique and highly visible development opportunity in Ottawa’s eastern suburb of Orleans.
Concept plans called for constructing four buildings ranging from 27 to 31 stories tall. The development included office buildings, a hotel, residential buildings and parking for
1,300 vehicles. It was also felt that the development could spur the construction of a light rail transit station at the Tenth Line Road off-ramp of Highway 174, mere steps from the subject property.
The Property is being offered to the market unpriced, and proponents are invited to submit their offers to the Advisor on the submission date.
Agreements to purchase must be presented on the Vendor’s form of offer and will be accepted on September 17, 2025. Once an agreement has been secured, the Receiver will
present the offer to the courts for final approval.