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LOADING

6637 Bank Street Ottawa, Ontario K0A 2P0

Acreage

$1,500,000

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:12481)

Property Details

MLS® Number 1411087
Property Type Vacant Land
Neigbourhood Greely
Easement Unknown

Building

UtilityWater Drilled Well

Land

AccessType Road Access, Highway Access
Acreage Yes
Sewer Septic System
SizeDepth 970 Ft
SizeFrontage 167 Ft
SizeIrregular 5.73
SizeTotal 5.73 Ac
SizeTotalText 5.73 Ac
ZoningDescription Rc

https://www.realtor.ca/real-estate/27395245/6637-bank-street-ottawa-greely

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com