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6637 BANK

Greely | Ottawa

$1,500,000.00

Listed 28 days ago

  • - bed
  • - bath
  • - sqft
  • - parking
  • Vacant Land

Property history

  • Now
    Listed on Sep 10, 2024

    Listed for $1,500,000.00

    28 days on market

Location & area

Schools nearby

Home Details

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! (id:39198)
Additional media
https://www.6637bank.com/
Property taxes
$9,997.00 per year / $833.08 per month
Basement
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Year build
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Type
Vacant Land
Bedrooms
null
Bathrooms
null
Parking spots
Total
Floor
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Balcony
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Pool
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External material
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Roof type
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Lot frontage
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Lot depth
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Heating
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Fire place(s)
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    Listing Brokerage

    MLS® Listing
    1411087
    Brokerage
    ROYAL LEPAGE TEAM REALTY

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