6637 BANK STREET Active

Ottawa,ON K0A2P0

$ 1500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Greely

MLS Listing ID 1411087

Lot Size 5.390 Acres

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

Building

Sewer Septic System

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