Institutional Property Advisors (IPA), a division of Marcus & Millichap, Brokerage (the “Advisor” or “IPA”) on behalf of the “Vendor” is pleased to offer for sale a 100% freehold interest in 1209 St. Laurent Boulevard & 1200 Lemieux Street, Ottawa, Ontario (the “Property”). The 1.1-acre site underwent rezoning to optimize Ottawa’s Transit-Oriented Development (TOD) zoning, specifically designed for sites near LRT stations. Following rezoning, policy now allows for the construction of two 30-storey towers, totaling 645 units and 532,272 square feet of constructable area above grade, with 4 levels of underground parking. The opportunity boasts ~159ft of frontage on St. Laurent Boulevard and ~124ft of frontage on Lemieux Street.