EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.73 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 10 residential units (1 x 3-bedroom house and 9 bachelor apartments), all rented below market value. Ideal for adding more units, increasing rental income, operating a business, or utilizing the land for storage. The land value alone presents a solid investment, allowing you to bank on future appreciation. Developers can redevelop while collecting rent during planning stages. Post-offer unit viewings are available. Buyer to conduct due diligence on environmental. Rent rolls and expense statements are available on request. Donāt miss this rare opportunity in a booming rural setting with huge commercial potential! (id:37351)
MLS® Number | X9518366 |
Property Type | Vacant Land |
Community Name | 1605 - Osgoode Twp North of Reg Rd 6 |
Parking Space Total | 20 |
Size Interior | 5.79 Ac |
Access Type | Highway Access, Year-round Access |
Acreage | Yes |
Sewer | Septic System |
Size Depth | 970 Ft |
Size Frontage | 167 Ft |
Size Irregular | Unit=167 X 970 Ft ; 1 |
Size Total Text | Unit=167 X 970 Ft ; 1|5 - 9.99 Acres |
Zoning Description | Rc |
Contact us for more information
Charles Khouri
Salesperson
(613) 725-1171
(613) 725-3323