Fairmont Chteau Laurier building up for sale

The iconic building that houses the Fairmont Chteau Laurier, just steps from Parliament Hill, is up for sale.

The building is owned by the real-estate subsidiary of the pension fund Caisse du dpt et placement du Qubec.

Sbastien Thberge, a spokesman for Ivanho Cambridge, confirmed Thursday that the company's two capital city properties in North Americathe Chteau Laurier and the Fairmont Washington, D.C., Georgetownare presented for sale in the market as a pair.

The company has sold five properties so far this year: four in Paris and another in downtown Toronto. In 2012, Thberge said the company sold more than 20 properties.

A number of the company's hotel properties were deemed "non-strategic" in 2012, he said.

Thberge wouldn't say exactly when the Chteau Laurier was put up for sale, though he said it was "recently."

He would also not confirm a Real Estate Alert report that the Ottawa and Washington properties combined are worth an estimated $310 million.

The Chteau Laurier was first opened in 1912 by Sir Wilfrid Laurier, Canadas seventh Prime Minister. It was commissioned by Charles Melville Hays, general manager of the Grand Trunk Pacific Railway, and was designed by Ross and Macfarlane of Montreal.