6637 BANK STREET
1605 - Osgoode Twp North of Reg Rd 6 Ottawa K0A 2P0

$1,500,000
Multi-family 249,599 sq. ft.

Main Photo: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 1: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 2: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 3: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 4: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 5: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 6: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 7: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 8: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 9: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Photo 10: Multi-family, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X9518366
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. Priced for land value at only $261,780/Acre, this property is an excellent redevelopment opportunity. 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. Don't miss this rare opportunity in a booming industrial setting with huge commercial potential! (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Total Living Area:
5.73 acre(s)
Zoning:
RC
Taxes:
$10,269 / -
Community:
1605 - Osgoode Twp North of Reg Rd 6
Major Business Type:
Residential
Structure Type:
Multi-Family
Fireplace:
No
Water:
Drilled Well
Sewer:
Septic System
Lot Details:
Unit=167 x 970 FT ; 1
Lot Features:
Irregular lot size
Total Parking Spaces:
20
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated February 19, 2025 at 08:15 AM (UTC)
CHARLES KHOURI
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