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6637 BANK STREET
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6637 BANK STREET $1,500,000
$1,500,000
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6637 BANK STREET
Ottawa, Ontario K0A2P0

MLS® Number: X9518366

Listing Description

This commercial property offers 5.73 acres of Rural Commercial (RC) zoned land, suitable for various industrial and commercial uses, with 167 feet of frontage on Bank Street. Formerly a motel, it includes +/- 20 parking spots. Currently houses 10 residential units (1 x 3-bedroom house and 9 bachelor apartments). Ideal for adding more units, increasing rental income, operating a business, or utilizing the building and land for storage. Updates include a new water system (2011), roof (2009), newer windows (2018), and two septic tanks (2007 & 2021). One hydro meter services the entire property. Ideal for development with proximity to Highway 417 and major transport routes. 20-minute drive to Highway 417. Rent rolls and expense statements are available on request. Vendor open to offering a limited vendor take-back (VTB) mortgage option. Buyer to conduct their own due diligence. Don't miss this rare opportunity in a booming rural setting with huge commercial potential! (36913611)

Location Description

South on Bank Street just past Cenote Road on the Left hand side

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
1605 - Osgoode Twp North of Reg Rd 6
Land Size
Unit=167 x 970 FT ; 1
Annual Property Taxes
$10,269
Total Parking Spaces
20
Time on REALTOR.ca
100 days

Building

Building Features
Features
Irregular lot size
Utilities
Utility Sewer
Septic System
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
20

Measurements

Square Footage
6 ac

Land

Lot Features
Frontage
167 ft
Land Depth
970 ft
Other Property Information
Access
Highway access, Year-round access
Zoning Description
RC
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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