K1H Commercial Land Properties for Sale

Commercial Real Estate in K1H available for sale

Commercial Land Properties for Sale Within 5 kilometers of K1H

1235 Bank St

Ottawa, ON K1S 3Y3

Land for Sale
$3,500,000 CAD
0.33 AC Lot

Ottawa Land for Sale - Centretown-Byward

This offering presents a rare opportunity to acquire a 14,241-square-foot development site in the highly sought-after Old Ottawa South neighborhood. Positioned at the intersection of Bank Street and Cameron Avenue, the property benefits from exceptional visibility and accessibility within a vibrant, mixed-use corridor. The site is zoned TM2H(15) – Traditional Mainstreet and R3P – Residential Third Density, allowing for a broad range of residential, retail, and commercial uses. Current zoning supports a building height of up to 15 meters, with potential for additional height and density subject to municipal approvals. The location offers strong fundamentals for long-term value creation, including proximity to Lansdowne Park, the Rideau Canal, Billings Bridge, and Carleton University. The area is characterized by excellent connectivity, a robust retail corridor, and sustained rental demand from students, professionals, and families. With flexible zoning, premium frontage, and a pedestrian-oriented streetscape, this property is ideally suited for a high-quality, community-oriented development aligned with the City’s growth objectives.

Contact:

CBRE, Limited

Property Subtype:

Commercial

Date on Market:

2026-04-06

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1209 St. Laurent Blvd

Ottawa, ON K1J 1A2

Land for Sale
Price Upon Request
1.05 AC Lot

Ottawa Land for Sale - East Central

Institutional Property Advisors (IPA), a division of Marcus & Millichap, Brokerage (the “Advisor” or “IPA”) on behalf of the “Vendor” is pleased to offer for sale a 100% freehold interest in 1209 St. Laurent Boulevard & 1200 Lemieux Street, Ottawa, Ontario (the “Property”). The 1.1-acre site underwent rezoning to optimize Ottawa’s Transit-Oriented Development (TOD) zoning, specifically designed for sites near LRT stations. Following rezoning, policy now allows for the construction of two 30-storey towers, totaling 645 units and 532,272 square feet of constructable area above grade, with 4 levels of underground parking. The opportunity boasts ~159ft of frontage on St. Laurent Boulevard and ~124ft of frontage on Lemieux Street.