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6637 BANK STREET
Ottawa Ontario , K0A2P0 , Canada
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$1,600,000.00
MLS® 1375847
Vacant Land
Lot Frontage: 167.0 Feet
Lot Depth: 970.0 Feet
Acreage: Yes
Zoning: RC
Remarks:
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! (id:7526)

Property Features:
  • Access Type: Road access , Highway access
  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Sewer: Septic System
Building Features:
  • Easement: Unknown

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