Former Scotiabank Data Center in Ontario Listed for Sale, Potential Police HQ
January 14, 2026
A former Scotiabank data center and office complex in Stratford, Ontario, has been listed for sale, highlighting the ongoing repurposing of legacy enterprise IT infrastructure. The sale offers a potential cost-effective solution for the local municipality while underscoring a broader trend of financial institutions consolidating their data center footprints in favor of cloud and third-party facilities.
The property, located at 10-52 Wright Boulevard, spans 4.08 acres and features a two-story building with a total floorspace of 100,625 square feet (9,350 square meters). Previously housing both office and data center operations for The Bank of Nova Scotia (Scotiabank), the facility ceased operations in December 2024 when the bank relocated its functions to a site in Mississauga. The property has been on the market for over a year with an asking price of CA$14 million (approximately US$10.08 million).
According to city council documents, Stratford is considering the property as the future headquarters for the Stratford Police Service (SPS). The facility's inherent resilience, a key feature of its original design, makes it a compelling candidate. It is equipped with 1,200 amps of power and a 3,600-liter on-site generator capable of supporting the building for up to 72 hours. During council discussions, Councilor Harjinder Nijjar emphasized the building's suitability, noting that a new greenfield police headquarters could cost between CA$30-40 million. "It was built for a data center," Nijjar stated. "It was built to handle that type of environment. Yeah, there will need to be some modifications, but not to the extreme of building a new building."
The potential transaction reflects a strategic shift within the financial sector, where banks are increasingly exiting owned-and-operated data centers to optimize costs and agility. For the data center market in Ontario, which is heavily concentrated in and around Toronto with operators like Digital Realty and Cologix, this sale represents the secondary market for robust, purpose-built infrastructure finding new life in the public sector or with other enterprises seeking hardened facilities.
Source: datacenterdynamics
