Ottawa, ON K0A 2P0,6637 BANK ST
Ottawa, ON K0A 2P0,6637 BANK ST
Ottawa, ON K0A 2P0,6637 BANK ST
Ottawa, ON K0A 2P0,6637 BANK ST
Ottawa, ON K0A 2P0,6637 BANK ST
Ottawa, ON K0A 2P0,6637 BANK ST
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$ 1,500,000
Est. payment | /mo

5 SqFt


$ 1,500,000
Est. payment | /mo

5 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5 sqft

Price per Sqft $300,000

Municipality Greely - Metcalfe - Osgoode - Vernon and Area

MLS Listing ID X9518366

Annual Tax Amount $10,269

Tax Year 2024

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!

Location

Province ON

County Ottawa

Community 1605 - Osgoode Twp North Of Reg Rd 6

Area Ottawa

Region 1605 - Osgoode Twp North of Reg Rd 6

City Region 1605 - Osgoode Twp North of Reg Rd 6

Rooms

Family Room No

Interior

Cooling No

Exterior

Garage Spaces 20.0

Utilities Available Unknown

Roof Type Unknown

Lot Depth 970.0

Others

Security Features Unknown

Pets Allowed Unknown

Listed by ROYAL LEPAGE TEAM REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 333-8520

desiree@kingsdownsizing.com

130 King St. W. Unit 1800B, M5X1E3, Toronto, Ontario, Canada

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6637 BANK ST