$1,975,000+ GST-QST
226-228 Rue Papineau
Gatineau (Hull)
Gatineau (Hull)
Type
Commercial building/Office
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 21934480
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.
Details
Located near
Highway, Public transport
Taxes and expenses
| Municipal Taxes | $47,795 |
| School taxes | $1,244 |
Building and interior of the property
| Expected delay of occupancy | 30 days |
| 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 M |
| Dimension of the depth of building | 11.5 M |
| Land area | 1214 SM |
| Dimension of the front of the land | 40.24 M |
| Dimension of the depth of the land | 30.18 M |
| 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 |
| Driveway | Asphalt |
| Heating system | Space heating baseboards, Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Equipment available | Ventilation system, Sign |
| Foundation | Poured concrete, Stone |
| Kind of commerce | Office |
| Siding | Brick |
| Distinctive features | Street corner |
| Basement | 6 feet and over, Separate entrance, Partially finished |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Type of business/Industry | Service |
| Roofing | Asphalt shingles |
| Zoning | Commercial, Residential |
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: 60-90 units (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 |
