6637 Bank Street Ottawa, 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 | 1411087 |
| Property Type | Vacant Land |
| Neigbourhood | Greely |
| Easement | Unknown |
Building
| UtilityWater | Drilled Well |
Land
| AccessType | Road Access, Highway Access |
| Acreage | Yes |
| Sewer | Septic System |
| SizeDepth | 970 Ft |
| SizeFrontage | 167 Ft |
| SizeIrregular | 5.73 |
| SizeTotal | 5.73 Ac |
| SizeTotalText | 5.73 Ac |
| ZoningDescription | Rc |
https://www.realtor.ca/real-estate/27395245/6637-bank-street-ottawa-greely
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 22 2024 06:13:25
Ottawa Real Estate Board
Royal LePage Team Realty