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$ 19,200,000
Est. payment | /mo
1 SqFt
$ 19,200,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $19,200,000
Subdivision 5304 - Central Park
MLS Listing ID X12427297
Annual Tax Amount $177,111
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Exclusive listing on behalf of KSV Restructuring Inc. Court-ordered receivership sale of Park Place Retirement Residence, a 100-unit community in Nepean (Ottawa) The property is offers a full continuum of care, including Independent Living, Assisted Living and Memory Care. The rare offering presents scale, operational efficiencies, and long-term value creation n one of Canada's most stable senior's housing markets. Ideal for private or institutional investors pursuing a value-add, turnaround strategy.
Location
Province ON
County Ottawa
Community 5304 - Central Park
Area Ottawa
Zoning R5K [932] H (28)
Interior
Cooling Yes
Exterior
Lot Frontage 203.67
Listed by NEWMARK CANADA
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