LOADING

6637 Bank Street Ottawa, Ontario K0A 2P0

Acreage

$1,500,000

EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.39 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 11 residential units (1 x 3-bedroom house and 10 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:55510)

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 5.39
SizeTotal 5.39 Ac
SizeTotalText 5.39 Ac
ZoningDescription Rc

https://www.realtor.ca/real-estate/27395245/6637-bank-street-ottawa-greely

Interested?

Contact us for more information


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Charles Khouri
Salesperson


Royal LePage Team Realty
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8

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