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6637 BANK Street, Ottawa, ON, K0A 2P0

MLS® # 1411087
Commercial For Sale In Metcalfe, Ottawa, Ontario
$1,500,000
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
6637 Bank Street, Ottawa, ON
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ACTIVE
6637 BANK Street, Ottawa, ON, K0A 2P0
$1,500,000

Property Information:

EXCEPTIONAL VALUE & OPPORTUNITY! This property offers 5.39 acres of Rural Commercial (RC) zoned land with 167 feet of prime frontage on Bank Street. Currently generating income from 11 residential units (1 x 3-bedroom house and 10 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. Don’t miss this rare opportunity in a booming rural setting with huge commercial potential!

Property Features:

  • Annual Tax Amount: $9,997
  • Irregular: Yes
  • Lot Depth: 295.66 Metre
  • Lot Frontage: 50.90 Metre
  • Restrictions: Unknown, Unknown
  • Road Access: City Street, Highway
  • Sewer Type: Septic Installed
  • Title: Freehold
  • Zoning: RC
  • Water Supply: Drilled Well

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 6637 BANK Street, Ottawa, ON, K0A 2P0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 6637 BANK Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 6637 BANK Street , experiences 11 significant 2-day storms per year, with about 317.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.5mm of precipitation per year.

Precipitation Per Storm

Past
317.4mm
2050
405.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 6637 BANK Street, Ottawa, ON, K0A 2P0

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$138,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.29 %

High school certificate or equivalent

33.33 %

Apprenticeship trade certificate/diploma

8.64 %

College/non-university certificate

19.76 %

University certificate (below bachelor)

2.47 %

University Degree

18.52 %

Commuter

Travel To Work

By Car

88.24 %

By Public Transit

0.0 %

By Walking

11.76 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.44 %

Houses

97.56 %

Own Vs. Rent