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. (40304867)
Land Size
128.51 x 198.47 FT
Age Of Building
0 to 5 years
Annual Property Taxes
$918,082 (CAD)
Time on REALTOR.ca
9 hours
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