6637 BANK STREET
Ottawa, Ontario K0A2P0

$1,500,000

ID# 1411087
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:25961)

PATRICK KELLY

REALTOR®

Direct: 613-296-8444

patrickakelly@rogers.com

Courtesy of ROYAL LEPAGE TEAM REALTY

Listed on: September 10, 2024

On market: 9 days
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PATRICK KELLY

REALTOR®

Direct: 613-286-8444

patrickAkelly@rogers.com

Innovation Realty Ltd.

8221-B Campeau Drive

Kanata, ON K2T 0A2

Phone (613) 755-2278

Please text or call me anytime.

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