$ 1,500,000
6637 BANK STREET Ottawa, ON K0A2P0
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$ 1,500,000
Est. payment | /mo
5.39 Acres Lot
$ 1,500,000
Est. payment | /mo
5.39 Acres Lot
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
Listed by ROYAL LEPAGE TEAM REALTY
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