Menu
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. 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. Buyer to conduct their own due diligence. Don't miss this rare opportunity in a booming rural setting with huge commercial potential! (id:53622)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X9518366 |
| Property Type | Multi-family |
| Community Name | 1605 - Osgoode Twp North of Reg Rd 6 |
| Features | Irregular Lot Size |
| Parking Space Total | 20 |
| Size Interior | 0 Sqft |
| Type | Multi-family |
| 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 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
Powered by
