Lennard Commercial Realty, Brokerage ("the Advisor") has been retained by MNP LTD. Court Appointed Receiver of Ashcroft Homes - 108 Richmond Road Inc. ("Court Appointed Receiver") to facilitate the sale of the development site located at 378 Leighton Court, Ottawa, Ontario. The sale of this property is to be completed through the Court Appointed Receiver. The 4.23-acre site is currently improved with the former "Seours de la visitation" monastery and is now vacant. Concept plans suggest the development of up to 496 units within varied building types as well as commercial units within the renovated monastery building. The buildings consist of a mix of purpose-built rentals and a senior residence. Proposed Gross Floor Area (GFA) totals approximately 360,500sf. The monastery is subject to a Heritage Designation where parts of the buildingare to be retained.
Address
378 Leighton Terrace
List Price
$14,500,000
MLS® Status
Sold Conditional
Expiration Date
2026-01-13
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
For Sale
Area
Westboro - Hampton Park
Sub-Area
5003 - Westboro/Hampton Park
Region
Ottawa
Lot Size Source
GeoWarehouse
Lot Depth
568.64
Lot Type
Lot
Lot Size Units
Feet
Lot Width
307.51
Parcel Number
040210451
Total Building Area
4.23
Occupant Type
Vacant
Cross Street
Island Park Drive and Richmond Road
MLS® Number
X11981996
Listing Brokerage
LENNARD COMMERCIAL REALTY
Postal Code
K1Z 6J6
Posession Details
TBD
Tax Amount
$152,205.90
Tax Year
2024
Standard Status
Pending
Board Or Association
Ottawa Real Estate Board
Tax Legal Description
PART OF LOT 13 PLAN 449 AND PART OF BLOCK C PLAN 152, BEING PARTS 2, 3 AND 7 ON PLAN 4R-28155. SUBJECT TO AN EASEMENT IN GROSS OVER PARTS 2 AND 3 ON PLAN 4R-28155 AS IN OC1430889 SUBJECT TO AN EASEMENT IN GROSS OVER PART 3 ON PLAN 4R-28155 AS IN OC1455884
Sewer
Sanitary+Storm Available