- Status:
- Active
- Prop. Type:
- Vacant Land
- MLS® Num:
- 1375847
- Photos (15)
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EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! (id:2493)
- Property Type:
- Vacant Land
- Transaction Type:
- For sale
- Zoning:
- RC
- Ownership Type:
- Freehold
- Community:
- Greely
- Fireplace:
- No
- Water:
- Drilled Well
- Sewer:
- Septic System
- Easement:
- Unknown
- Road Access:
- Road access, Highway access
- Lot Frontage:
- 167'
- Lot Depth:
- 970'
- Acreage:
- Yes
- Lot Size:
- 5.39 acre(s)
- Lot Size:
- 5.39 ac
- Lot Details:
- 5.39
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated April 29, 2024 at 05:15 PM (UTC)
Area Statistics
- Listings on market:
- 186
- Avg list price:
- $874,500
- Min list price:
- $1
- Max list price:
- $13,500,000
- Avg days on market:
- 73
- Min days on market:
- 2
- Max days on market:
- 1,939
- Avg price per sq.ft.:
- $158.29
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
- CHARLES KHOURI
- ROYAL LEPAGE TEAM REALTY
- 1 (613) 8643327
- charleskhouri@royallepage.ca
OTTAWA REALTOR®
1723 Carling Avenue, Ottawa, Ontario K2A 1C8