6637 BANK St

Greely - Metcalfe - Osgoode - Vernon and Area | 1605 - Osgoode Twp North of Reg Rd 6 | K0A 2P0
  • 5.73 sqft
  • 0 gar

$1,500,000

Est. Mtg $5,086 /mo
  • Days on market

    39

  • Status

    A

Listing Broker ROYAL LEPAGE TEAM REALTY
Since listed: 0 views

Home details

MLS #:

X11987018

Property type:
Investment
Style:
Taxes:
$10,269
Possession:
Immediate
Condo Fee:
Lot Size:
167.0 X 970.0
Zoning:
Rural Commercial (RC)
Use:
Apts-6 To 12 Units
Heat:

Description


6637 BANK St, , Greely - Metcalfe - Osgoode - Vernon and Area, Ontario is a Investment property in Greely - Metcalfe - Osgoode - Vernon and Area and in the 1605 - Osgoode Twp North of Reg Rd 6 community in the K0A 2P0 postal code


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!.

Extras

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Payment calculator

$5942 monthly. In association with: TD Bank
%
  • Principal and Interest
    5086 /mo
  • Property Taxes
    $855 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniella Silvestri, Realtor

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