$2,100,000+ GST-QST
226-228 Rue Papineau
Gatineau (Hull)
Gatineau (Hull)
Type
Business
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 21112222
Property description
LAND FOR DEVELOPMENT : This real estate offering located at 226-228 Papineau Street includes a commercial building, paired with a large 6,536 sq. ft. lot at 0 Boulevard Maisonneuve. Positioned in a thriving area just minutes from downtown Ottawa, this site represents a rare opportunity for the development of a high-value residential or mixed-use project. Benefiting from a prime location with easy access to major roadways and public transit, the property is ideally suited for the construction of a multi-residential building. The current zoning allows for optimal densification.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Highway, Public transportation
Taxes and expenses
| Municipal | $47,795 |
| School | $1,244 |
Building and interior of the property
| Items included in the sale | Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases. |
| Items excluded in the sale | Personal belongings of tenants, tools belonging to the owner or caretaker. |
| Dimension of the front of the building | 10.16 |
| Dimension of the depth of building | 11.5 |
| Land area | 1214 |
| Dimension of the front of the land | 40.24 |
| Dimension of the depth of the land | 30.18 |
| Year built | 1910 |
| Municipal assessment (land) | $1,548,000 |
| Municipal assessment (building) | $325,400 |
| Municipal assessment (total) | $1,873,400 |
| Assessment year | 2022 |
| Number of stories | 2 |
| Irregular building | Yes |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Basement | 6 feet and more, Outdoor entrance, Partially finished |
| Business type | Office |
| Distinctive features | Detached, Street corner |
| Driveway | Asphalt |
| Equipment available | Air exchange system |
| Exterior cladding | Wood |
| Foundation | Poured concrete, Stone |
| Heating energy | Electricity |
| Heating system | Convection baseboards, Electric baseboard units |
| Parking | Driveway |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Brick |
| Structure type | Building |
| Water supply | Municipality |
Addendum
| Boulevard Maisonneuve sees traffic of over 29,000 vehicles per day Zoning: CO-08-091 (H, CFI, CMI, P2) allowing 4 to 10 storeys Tax incentive program available: up to 75% property tax rebate for 5 to 10 years on all new construction projects on Hull Island (to be confirmed with the municipality) The new Special Planning Program (PPU) will reduce the minimum parking requirements for new construction on Hull Island (to be confirmed with the municipality) Significant potential for large-scale multi-residential development Several non-profit organizations have already expressed interest in affordable housing projects Estimated development potential: 68-75 units as of right (to be confirmed with an urban planner and the municipality) 600V electrical service installed across the street in September 2025 The existing building can be demolished, as it is not designated as a heritage property Sale without legal warranty of quality |
