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Home ON Ottawa - Gatineau Ottawa Metcalfe
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: 1411087

Listing Description

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! (28806332)

Property Summary

Property Type
Vacant Land
Neighbourhood Name
Greely
Title
Freehold
Land Size
5.73 ac
Annual Property Taxes
$10,269
Time on REALTOR.ca
68 days

Building

Utilities
Utility Sewer
Septic System
Water
Drilled Well

Land

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

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