6637 Bank Street, Ottawa Property Listing: MLS® #1375847

About 6637 Bank Street

EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! (id:36535)

Features of 6637 Bank Street

Listing #	1375847
Price	$1,600,000
Bathrooms	0.00
Acres	5.39
Type	Vacant Land
Sub-Type	Freehold

Community Information

Address	6637 Bank Street
Subdivision	Greely
City	Ottawa
Province	Ontario
Postal Code	K0A2P0

Amenities

Is Waterfront	No
Has Pool	No

Interior

Fireplace	No
Has Basement	No

Listing Details

Office	Courtesy Of Charles Khouri Of ROYAL LEPAGE TEAM REALTY