Listing
Ottawa, ON K0A2P0 6637 BANK Street
$1,600,000
10 more
- MLS# 1375847
- 02/07/2024
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Presented By: Charles Khouri with Royal LePage Team Realty
Home Details
EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out!
Presented By: Charles Khouri with Royal LePage Team Realty
Interior Features for 6637 BANK Street
Other Interior Features
Fireplaceno
General for 6637 BANK Street
Garageno
NeighbourhoodGreely
Parkingno
Pool Y/Nno
SewerSeptic Installed
TermsSALE
Wheel Chair Accessno
ZoningRC
Exterior for 6637 BANK Street
Lot Frontage50.90
Road AccessCity Street, Highway
Water SupplyDrilled Well
Waterfrontno
Additional Details
David Ballantyne
Real Estate Representative
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