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1 975 000$+TPS/TVQ

MLS: 21934480

Commercial building/Office for sale - Gatineau (Hull)

226 - 228 Rue Papineau, Gatineau (Hull), J8X 1W6

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.

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

Addenda

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

Dimensions

10.16 M X 11.5 M

Construction year

1910

Foundation

Poured concrete, Stone

Kind of commerce

Office

Siding

Brick

Basement

6 feet and over, Partially finished, Separate entrance

Roofing

Asphalt shingles

Building features

Dimensions

10.16 M X 11.5 M

Construction year

1910

Foundation

Poured concrete, Stone

Kind of commerce

Office

Siding

Brick

Basement

6 feet and over, Partially finished, Separate entrance

Roofing

Asphalt shingles

Dimensions

40.24 M X 30.18 M

Land area

1214 SM

Driveway

Asphalt

Distinctive features

Street corner

Proximity

Highway, Public transport

Parking

Outdoor

Type of business/Industry

Service

Land features

Dimensions

40.24 M X 30.18 M

Land area

1214 SM

Driveway

Asphalt

Distinctive features

Street corner

Proximity

Highway, Public transport

Parking

Outdoor

Type of business/Industry

Service

Heating system

Space heating baseboards, Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Equipment available

Ventilation system, Sign

Sewage system

Municipal sewer

Zoning

Commercial, Residential

Building features

Heating system

Space heating baseboards, Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Equipment available

Ventilation system, Sign

Sewage system

Municipal sewer

Zoning

Commercial, Residential

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Financial details

Municipal evaluation (2022)

Land evaluation

1 548 000 $

Building evaluation

325 400 $

Total

1 873 400 $

Taxes

Municipal ((2025))

47 795 $

Scolar (2025)

1 244 $

Total

49 039 $

Inclusions & exclusions

Inclusions:

Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.

Exclusions:

Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.