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

$1,500,000
Vacant Land 249,599 sq. ft.

Main Photo: Vacant Land, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
X11987132
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:
Vacant Land
Total Living Area:
5.73 acre(s)
Zoning:
Rural Commercial (RC)
Taxes:
$10,269 / -
Community:
1605 - Osgoode Twp North of Reg Rd 6
Fireplace:
No
Water:
Drilled Well
Sewer:
Septic System
Lot Details:
167 x 970 FT
Lot Features:
Irregular lot size
Total Parking Spaces:
20
  • Photo 1: Vacant Land, in Ottawa, 1605 - Osgoode Twp North of Reg Rd 6 -- 6637 BANK STREET
    Photo 1 of 1
Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated March 14, 2025 at 02:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$679,000
Min list price:
$325,000
Max list price:
$2,999,999
Avg days on market:
87
Min days on market:
17
Max days on market:
637
Avg price per sq.ft.:
$6.01
These statistics are generated based on the current listing's property type and located in 1605 - Osgoode Twp North of Reg Rd 6. Average values are derived using median calculations.
CHARLES KHOURI
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