6637 BANK STREET

Ottawa, Ontario, K0A2P0, Canada

$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!

Virtual Tour: https://www.6637bank.com/

Last updated on : Wednesday 27th of November 2024 04:06:55 PM

ADDRESS

Street : 6637 BANK STREET

City : Ottawa

Province : Ontario

Country : Canada

Postal Code : K0A2P0

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PROPERTY SUMMARY

Property ID : X9518366

Property Type : Vacant Land

Parking : 20

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