6637 BANK STREET Active

Ottawa,ON K0A2P0

$ 1500000

- Bed

- Bath

5 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5 sqft

Price per Sqft $300,000

Subdivision 1605 - Osgoode Twp North Of Reg Rd 6

MLS Listing ID X9518366

Originating Board Ottawa Real Estate Board

Property 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! (id:24570)

Location

Province ON

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 20

Private Pool No

Building

Sewer Septic System

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