6637 Bank Street Greely - Metcalfe - Osgoode - Vernon And Area, Ontario K0A 2P0
$1,500,000
EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.73 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 10 residential units (1 x 3-bedroom house and 9 bachelor apartments), all rented below market value. Ideal for adding more units, increasing rental income, operating a business, or utilizing the land for storage. The land value alone presents a solid investment, allowing you to bank on future appreciation. Developers can redevelop while collecting rent during planning stages. Post-offer unit viewings are available. Buyer to conduct due diligence on environmental. Rent rolls and expense statements are available on request. Don’t miss this rare opportunity in a booming rural setting with huge commercial potential! (id:43934)
Property Details
| MLS® Number | X9518366 |
| Property Type | Vacant Land |
| Neigbourhood | Greely |
| Community Name | 1605 - Osgoode Twp North of Reg Rd 6 |
Building
Land
| AccessType | Highway Access, Year-round Access |
| Acreage | Yes |
| Sewer | Septic System |
| SizeDepth | 970 Ft |
| SizeFrontage | 167 Ft |
| SizeIrregular | Unit=167 X 970 Ft ; 1 |
| SizeTotalText | Unit=167 X 970 Ft ; 1|5 - 9.99 Acres |
| ZoningDescription | Rc |
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November 27 2024 02:38:39
Ottawa Real Estate Board
Royal LePage Team Realty