Ottawa Realtor Michele Xu

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6637 BANK STREET

Ottawa, Ontario K0A2P0

$1,500,000 for sale

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MLS®:
1411087
Contract Days:
72
Community:
Greely
Ownership:
Freehold
Property Type:
RC
Total Size:
5.73 ac
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features
Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features
Built Date:
Exterior Finish:
Foundation Type:
Utitilies
Heating Type:
Heating Fuel:
Cooling Type:
Utility Water:
Drilled Well
Sewer:
Septic System
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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