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:4069)
| Address |
6637 BANK STREET |
| List Price |
$1,500,000 |
| Property Type |
Vacant Land |
| Area |
Ontario |
| Sub-Area |
Ottawa |
| Lot Size |
5.39 Sq. Ft. |
| MLS® Number |
1411087 |
| Listing Brokerage |
ROYAL LEPAGE TEAM REALTY
|
| Postal Code |
K0A2P0 |
| Zoning |
RC |
