Redevelopment Opportunity -- Land and Building for Sale

Prime Location -- Ottawa River Waterfront

Take advantage of this unique opportunity to acquire land with a building offering exceptional redevelopment potential for the construction of modern multi-residential units.

Located on the banks of the magnificent Ottawa River, this site offers unobstructed water views and includes a private island, adding a rare and distinctive character to this property.

Mixed zoning allowing construction up to 3 stories, with the possibility of approaching the City to increase density depending on your project.

Prime location: within walking distance of all amenities (grocery stores, shops, restaurants, schools).

Optimal accessibility: less than 225 meters from a TOD (Transit Oriented Development) area, namely the Dorion commuter train station, enhancing sustainable mobility and increasing the appeal of any residential project.

Ideal setting: a peaceful and green environment combining the tranquility of the waterfront with the convenience of urban living.

Whether for the development of a prestigious residential project or a rental complex, this property represents a rare market opportunity for developers and investors looking to capitalize on a strategic location in a growing market.

Lot Details: The total area is 6,064.9 m² (65,282 sq. ft.), divided as follows: Lot 1 546 534 (with building): area of 3,148.9 m² (33,894 sq. ft.) -- irregular dimensions of 55.61 m x 61.79 m (182'5" x 202'7") Lot 1 546 535 (parking lot to the left of the building): area of 1,517.8 m² (16,337 sq. ft.) -- irregular dimensions of 27.43 m x 56.41 m (89'11" x 185') Lot 1 546 686 (island): area of 1,398.2 m² (15,050 sq. ft.)

The lot (street) 1 547 020 between the building and the parking area belongs to the municipality and is used for a storm sewer.

Any demolition shall be at the BUYER's sole cost and risk.

The sale is made without legal warranty of quality, at the buyer's risk and peril.

The BUYER acknowledges and accepts that several components, systems, and mechanical equipment of the building are non-compliant and have reached the end of their useful life, including but not limited to: the sprinkler system (the heads and piping located in the basement, crawl space, upper floor, and attic are non-compliant due to their age, as indicated in the inspection report of the two available sprinkler systems), the presence of water infiltration from the roof into the unoccupied areas, the absence of water supply and electrical distribution in an unoccupied section of the building, as well as the presence of a buried concrete pool in the backyard. Any inspection and any upgrading of the building's systems shall be at the BUYER's expense.

Signing of the deed of sale 30 days following the fulfillment of all conditions.