6637 BANK STREET Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K0A2P0
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Greely
MLS Listing ID 1411087
Originating Board Ottawa Real Estate Board
Lot Size 5.390 Acres
Acres 234788.4
Property Description
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:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Septic System
Others
Ownership Freehold