8715 BANK STREET
Ottawa, Ontario
MLS® X12701800
$1,800,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12701800
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 6Listing description
Excellent investment opportunity in Rural Ottawa. This rare -acre Village Mixed-Use (VM) zoned property offers 165 feet of prime Bank Street frontage with a highly desirable rectangular configuration, delivering outstanding visibility and access. The property consists of two separate buildings.
The commercial building is fully leased with three established tenants (including a C-store with LCBO/BEER STORE operation) and offers potential for a fourth unit, providing strong and stable income. The detached 3-bedroom residential home is consistently tenanted and features a separate entrance to a finished basement, adding further income flexibility. An ideal acquisition for investors seeking reliable cash flow and potential for future development.
NOI $100,000. 00
Property summary
- MLS® number
- X12701800
- Property type
- Retail
- Land size
- 0.5 acres
- Annual property taxes
- $5,946.00
- Days on market
- 227 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,800,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of COLDWELL BANKER SARAZEN REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.