101 Queen ST new Save Request In-Person Tour Request Virtual Tour
Ottawa Centre,ON K1P 0B7
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 25,865 sqft
Price per Sqft $0
Subdivision 4101 - Ottawa Centre
MLS Listing ID X12099576
Building Age 0-5
Annual Tax Amount $918,082
Tax Year 2024
Property Sub-Type Investment
Property Description
Exceptional opportunity with views of Parliament Hill, the property includes 111 fully-furnished, extended stay hotel suites, independently operated as "reStays" (OCCP No. 1070); 20,440 square feet of prime urban retail space (OCCP No. 1067); 189 parking stalls, 79 storage lockers (OCCP No. 1068) and 18 residential condominium units branded as "reResidences" (OCCP No. 1069). Developed as a mixed-use property in response to an RFP by the National Capital Commission (NCC), the property comprises 4 distinct condominium corporations under a fully prepaid long-term ground lease. Featuring a 6-and 17-storey tower, the property was constructed to the highest quality standards, and offers luxurious in-suite finishes. Additionally, all units feature full kitchens and in-suite laundry providing optionality to reposition the hotel as a traditional rental apartment building.
Location
Province ON
County Ottawa
Community 4101 - Ottawa Centre
Area Ottawa
Zoning MDS27, Unassigned
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 128.51
Lot Depth 198.47