6637 BANK STREET|Ottawa, Ontario K0A2P0

CAD 1450000 For Sale
MLS: X12375213

Property Details

Bedrooms

12

Bathrooms

11

Property Type

Multi-family

Description

MLS Number: X12375213

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 12 • Bathrooms: 11 • Building Type: Other • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

Description: Rare redevelopment opportunity on Bank Street! Offering 5.73 acres of Commercial (RC) zoned land with 167 ft of frontage, this property is priced at land value with exceptional potential for commercial or industrial use. Currently improved with a fully tenanted former motel featuring 10 residential units (1 x 3-bedroom home and 9 studio suites) and approximately 20 parking spaces, providing holding income while planning your future build. Updates include newer water system, roof, windows, and septic systems. One hydro meter services the property. Situated minutes to Hwy 417 and major transport routes, this site is ideal for redevelopment, expansion, or strategic land banking. Financials available upon request. Outstanding opportunity to capitalize on a booming commercial corridor! (41176266)

Agent Information: • Agents: Charles Khouri • Contact: 613-864-3327 • Brokerage: ROYAL LEPAGE TEAM REALTY • Website: http://www.teamrealty.ca/

Time on Realtor: N/A

Location

Address

6637 BANK STREET|Ottawa, Ontario K0A2P0

City

Ottawa

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Real Estate Broker
Charles Khouri
Brokerage
ROYAL LEPAGE TEAM REALTY
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