6637 Bank ST new Save Request In-Person Tour Request Virtual Tour
Greely - Metcalfe - Osgoode - Vernon And Area,ON K0A 2P0
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 1605 - Osgoode Twp North Of Reg Rd 6
MLS Listing ID X12375213
Style Bungalow
Bedrooms 12
Building Age 31-50
Annual Tax Amount $10,994
Tax Year 2025
Lot Size 5.000 Acres
Property Sub-Type Multiplex
Property 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!
Location
Province ON
County Ottawa
Community 1605 - Osgoode Twp North Of Reg Rd 6
Area Ottawa
Rooms
Family Room No
Kitchen 0
Interior
Cooling None
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete