$1,975,000 +GST/QST
ULS: 21934480
Commercial
for sale
226 - 228 Rue Papineau, Gatineau (Hull) (Île de Hull)
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.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Lot area
1,214 m²
Addendum
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
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
Building details and property interior
Dimensions
33' 4" X 37' 9" irr.
Year constructed
1910
Siding
Brick
Roofing
Asphalt shingles
Dividing Floor
Wood
Basement
6 feet and more, Outdoor entrance, Partially finished
Lot and exterior features
Lot size
132' X 99'
Lot area
1,214 m²
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Driveway (12)
Proximity
Highway, Public transportation
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Air exchange system, Signs allowed
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2022)
- Lot assessment
- $ 1,548,000
- Building assessment
- $ 325,400
- Total
- $ 1,873,400
Taxes
- Municipal (2025)
- $ 47,795
- School (2025)
- $ 1,244
- Total
- $ 49,039
Inclusions and exclusions
Inclusions
Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.
Exclusions
Personal belongings of tenants, tools belonging to the owner or caretaker.
Mortgage payment calculator
$
$
$
%
Learn more about this property's neighbourhood
The sector in a few statistics
