290 BOOTH Street
290 BOOTH Street
$3,000,000
$305/sq ft · 16 days on market
About This Listing
Exceptional development opportunity offering outstanding redevelopment potential in the heart of Ottawa. This 9,827 sq. ft. corner lot is zoned Traditional Mainstreet (TM), permitting a wide range of commercial and residential uses. Historical planning work for the property included a proposed 7-storey mixed-use development featuring commercial space at grade with residential units above, together with a previously approved minor variance permitting a building height of 21.9 metres. Supporting planning, environmental, geotechnical, and engineering reports are available for review, providing purchasers with valuable background information as they evaluate the site's future development potential. Strategically located at the prominent intersection of Booth Street and Somerset Street West, the property is just minutes from Little Italy, Hintonburg, LeBreton Flats, and Downtown Ottawa, and only a short walk to the Pimisi LRT Station. Surrounded by significant residential intensification, employment, restaurants, and amenities, this is a prime opportunity to acquire a high-profile urban development site in one of Ottawa's most desirable growth corridors.
| Monthly Mortgage (P&I) | $13,071 |
| Property Tax (MLS) | $3,333 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $16,404 |
Down payment: $600,000 (20.0%) · Mortgage: $2,400,000
Property tax uses MLS annual tax of $40,000/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by SLEEPWELL REALTY GROUP LTD
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Data last updated: August 23, 2026 at 10:25 a.m.