The NCC, in collaboration with the Canada Housing and Mortgage Corporation (CMHC), is looking for a proponent to develop over 200 residential units at 1200 Ledbury Avenue in Ottawa.
The property, an undeveloped lot consisting of 0.5 ha near Ledbury Park, at the intersection of Bank Street in Ottawa south, represents a unique opportunity for the construction of approximately 240 housing units in Canada’s Capital.
Due to its proximity to community housing, public transit, schools, retail and green space, this large lot is a prime location for future construction projects.
This business opportunity at 1200 Ledbury Avenue is open to all Canadian proponents in the construction, investment and real estate industries.
The successful proponent will play a key role in improving housing access in the National Capital Region while receiving solid institutional and financial support.
The NCC-owned property is being offered for sale in collaboration with the CMHC as part of the Federal Lands Initiative, which aims to create innovative housing for Canadians. The property is part of the Canada Public Land Bank, an initiative that makes public land available for housing construction. The NCC is committed to supporting the Government of Canada’s efforts to identify underutilized land that can be developed to increase housing availability, including affordable housing, in the National Capital Region.
For more details about the lot and bidding process, and to apply, please visit the CMHC website. Deadline is March 31, 2025 at 12 noon.