Mixed Use Development Opportunity Ottawa, ON Asking Price: $5,975,000 Cushman & Wakefield Ottawa (the “Advisor”) has been retained, on URBAN exclusive basis, to arrange the sale of 973 & 979 Wellington Street West, Ottawa, Ontario, (collectively, the “Property”); a dynamic development opportunity located at the gateway of Ottawa’s hottest neighbourhoods. 91 residential units and 2,200 square feet or retail space are proposed for this 11,500 square foot infill-development site, HUB with the city planning process well already underway, including official plan and zoning approvals at 979 Wellington Street West. Ottawa at your doorstep
The Property is situated at the epicentre of the action in Wellington West/Hintonburg, nestled between Westboro and Little Italy. This exciting development opportunity is located mere steps to Bayview Station, the intersection of the O-Train’s Trillium and Confederation Lines, and is surrounded by all manner of urban amenities, arts and culture, and activity and green space. It is the archetypal urban hub, delivering access to everything Ottawa has to offer just by stepping out the door. Urban Greenspace. 979 Wellington Street West is surrounded by urban community parks, and is walking distance to the Sir John A. MacDonald Parkway, a 10 km stretch of greenspace and multi- use pathways on the south banks of the Ottawa River between downtown and Lincoln Fields.
Skate & Swim. Within 600m walking distance residents will find community recreation centres featuring arenas, swimming pools and AACTIVE. fitness centres.
Capital Pathways. Only 400m away, 3min by bicycle, the green spaces of Canada’s Capital Region are connected by more than 600 kilometres of multi-use pathways, which people use for recreation and commuting. The pathway network connects the Capital’s parks, gardens, museums and attractions.
Take a Break. The Property is surrounded by a multitude of coffee shops, bars, restaurants, breweries, parks and patios for when you just need a break. L4 AMENITIES F3 Restaurants Coffee Shops C2 R1 SimplyRaw C1 Les Moulins La F1 R2 Express Fayette R2 Meat Press C2 SuzyQ R1 L1 R3 The Hintonburg Doughnut L2 Public House F2 C1 C3 The Ministry of R4 The Third Coffee R4 R3 R5 10 Fourteen C4 Bridgehead R6 C5 Bread by Us Wellington C3 F6 R6 R5 LAUREL ST. Eatery C6 Stella Luna BAYSWATER AVE. IRVING AVE. R7 Elmdale Oyster Fitness & ARMSTRONGC4 ST. SAPDINA AVE. House & Tavern Health R9 L3 R8 Tennessy Willems F1 Iron North R7 R9 Bar Laurel Studio F4 F2 ParnaShanti WELLINGTON ST. FAIRMONT AVE. R8 Lifestyle Yoga L1 LCBO Crossfit F5 F3 L2 Tooth & Nail Brewing Bytown Company F4 Cyclelogik L3 Orpheus Musical F5 K2 Martial Arts C6 C5 Theater HWY 417 F6 Crossfit L4 Tom Brown Arena Wolvish
coffee5 shops breweries3 4parks yoga8 studios 10restaurants
...within walking distance. Bayview Station
95
16
11
LEGEND
OC Transpo Bus Routes 11
OTrain Lines
Bike Paths INSPIRE This parcel occupies a unique position in the streetscape, and can legitimately be described as a gateway. -Jeff Leiper, Kitchissippi Ward Counsellor The proposed development is a 30.6m mixed use building featuring 91 residential units and 2 at-grade retail units. It was designed to suit a modern, urban lifestyle featuring a variety of unit types, 16 parking stalls, and 45 secure bicycle parking stalls along with a green roof with rooftop patio and amenity space.
BY THE NUMBERS
74,648 SF GROSS FLOOR AREA
81% EFFICIENCY RATIO
91 RESIDENTIAL UNITS
2,200 SF RETAIL SPACE GROUNDSUITE 4800 FLOOR 65,590 sq. ft.
2 Retail units 1 1-Bedroom 2 2-Bedroom
LEVEL 2
2 Studio 7 1-Bedroom 2 1-Bedroom + Den LEVELSUITE 48003 65,590 sq. ft.
1 Studio 7 1-Bedroom 1 1-Bedroom + Den 1 2-Bedroom 1 2-Bedroom + Den
LEVEL 4
2 Studio 5 1-Bedroom 2 1-Bedroom + Den 1 2-Bedroom 1 2-Bedroom + Den SUITELEVEL 4800 5 65,590 sq. ft.
3 Studio 5 1-Bedroom 1 1-Bedroom + Den 1 2-Bedroom 1 2-Bedroom + Den
LEVEL 6
2 Studio 5 1-Bedroom 3 1-Bedroom + Den LEVELSUITE 48007 65,590 sq. ft.
2 Studio 5 1-Bedroom 3 1-Bedroom + Den
LEVEL 8
2 Studio 1 1-Bedroom 3 1-Bedroom + Den 2 2-Bedroom LEVELSUITE 48009 65,590 sq. ft.
2 Studio 2 1-Bedroom 2 1-Bedroom + Den 2 2-Bedroom
LEVEL 10
3 Studio 3 1-Bedroom + Den 2 2-Bedroom NATHAN SMITH Broker Executive Vice President Capital Markets Group, Managing Director 613 780 1577 [email protected]
SCOTT BROOKER Associate Vice President Sales Representative Commercial Investments 613 780 1582 [email protected]
55 METCALFE STREET SUITE 400 OTTAWA ON K1P 6L5 CWOTTAWA.COM