$ 1,500,000
6637 BANK ST Greely - Metcalfe - Osgoode - Vernon And Area, ON K0A 2P0
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment /mo
Active
6637 BANK ST Greely - Metcalfe - Osgoode - Vernon And Area, ON K0A 2P0
5 Acres Lot
UPDATED:
10/30/2024 11:19 AM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9518366
Annual Tax Amount $9,997
Tax Year 2023
Lot Size 5.000 Acres
Property Description
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!
Location
State ON
County Ottawa
Zoning RC
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Others
Security Features Unknown
Pets Description Unknown
Listed by ROYAL LEPAGE TEAM REALTY