PROPERTY DESCRIPTION Introducing this exceptional Development site located right off the Vanier Parkway in downtown Ottawa. Plans for a 9 storey, 88 residential units plus 2 retail units with 47 parking spaces. The seller has completed the following reports and studies; Geotech, Phase 1 & 2 environmental (clean), Noise/shadow study, architectural plans, elevation plans and survey. Strategically positioned in the thriving Ottawa area, the meticulously crafted design and modern amenities of the building cater to the evolving needs of residents, ensuring an unparalleled living experience. The property's prime location offers convenient access to local transportation, commercial hubs, and recreational facilities, presenting an attractive prospect for multifamily and mid-rise investment. With its thoughtfully planned layout and upscale features, this property is poised to deliver impressive returns and establish itself as a premier residential destination in the dynamic Ottawa real estate market. Property is currently leased to one tenant.  Gross Income: $62,000/Year  Property Tax: $18,0000