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613-761-0123

6637 BANK STREET
Ottawa, Ontario K0A2P0

$1,500,000

ID# 1411087
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:25961)
Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: September 10, 2024

On market: 74 days
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Address Price Bed Bath SqFt Area Sub Area Brokerage
383 CUMBERLAND STREET UNIT411 Ottawa
383 CUMBERLAND STREET UNIT411
 $1,999 1 1 * ft X * ft Ottawa Byward Market KELLER WILLIAMS INTEGRITY REALTY
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 $475,000 1 2 Ottawa Lower Town INNOVATION REALTY LTD.
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