Description
EXCEPTIONAL SPACE & VALUE!!! A unique investment opportunity awaits in this booming rural setting. Property BEING SOLD FOR LAND VALUE ONLY: 5.39 Acres of Rural Commercial (RC) zoned land with 167 feet of frontage on Prime Bank Street. Currently, 11 income-producing residential units (1 single 3 bed house & 10 Bachelor Apartments) are rented below market rents. This is perfect for adding more units while increasing current rental income, operating a business, utilizing the land as storage, or even simply banking the land & waiting for it's value to increase over time. This is an incredible opportunity for developers to redevelop while collecting rent during the planning stage. Viewing of units available post-offer acceptance. Soil is assumed to be free of hazardous substances; buyer due diligence is required. Rent rolls and expense statements are available upon request. This A+ rural location holds abundant commercial potential; don't miss out! (id:2469)
Listing Provided By
ROYAL LEPAGE TEAM REALTY
Neighborhood Info
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Property Details
Real Estate Listing
Provided by:
- Angela Bianchet
- Phone: 613- 755- 2278
- Mobile: 613 884 6182
- Email: angela@angelab.ca
- Innovation Realty
- 8221-B Campeau Drive
- Kanata, ON
- K2T 0A2