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$1,450,000
Available - For Sale
Listing ID: X12375212
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!
Price $1,450,000
Taxes: $10,994
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 6637 Bank Stre , Greely - Metcalfe - Osgoode - Vernon and, K0A 2P0, Ottawa
Postal Code: K0A 2P0
Province/State: Ottawa
Legal Description: PT LT 13 CON 6 OSGOODE AS IN NS234170 ;
Directions/Cross Streets: Bank Street & Cenote Road
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Designated
Total Area: 5.73
Total Area Code:  Acres
Financial Statement: T
Chattels: T
Franchise: F
Maintenance: 0
Expenses Actual/Estimated: $Act
Outside Storage: T
Heat Type: Propane Gas
Central Air Conditioning: No
Sewers: Septic
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

6637 Bank Stre , Greely - Metcalfe - Osgoode - Vernon and, K0A 2P0, Ottawa


 
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At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Greely - Metcalfe - Osgoode - Vernon and
Neighbourhood: 1605 - Osgoode Twp North of Reg Rd 6
Style:
Lot Size: x 970.00(Feet)
Approximate Age:
Tax: $10,994
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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