TerminatedMultiplex

6637 Bank Street

Name: 6637 Bank Street - Terminated 6 months ago
Brand: ROYAL LEPAGE TEAM REALTY
Price: 1450000 CAD
Availability: OutOfStock

Greely - Metcalfe - Osgoode - Vernon and Area - 1605 - Osgoode Twp North of Reg Rd 6

6637 Bank Street

Greely - Metcalfe - Osgoode - Vernon and Area - 1605 - Osgoode Twp North of Reg Rd 6

Listed For $1,450,000

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Terminated 6 months ago

12 Bedrooms Bedrooms

11 Bathrooms Bathrooms

0 Garage Garage

Description

Rare redevelopment opportunity on Bank Street! Offering 5.73 acres of Commercial (RC) zoned land with 167 ft of frontage, this property is priced at land value with exceptional potential for commercial or industrial use. Currently improved with a fully tenanted former motel featuring 10 residential units (1 x 3-bedroom home and 9 studio suites) and approximately 20 parking spaces, providing holding income while planning your future build. Updates include newer water system, roof, windows, and septic systems. One hydro meter services the property. Situated minutes to Hwy 417 and major transport routes, this site is ideal for redevelopment, expansion, or strategic land banking. Financials available upon request. Outstanding opportunity to capitalize on a booming commercial corridor!

Key facts for 6637 Bank Street

Tax$10,994 / 2025

Property TypeMultiplex, Bungalow

Lot Size970 x 167 Acres

Size5000 + ft²

ParkingNone Spaces, Total 20 Spaces

Parking FeaturesAvailable

BasementPartial Basement

Listing #X12375213

Days on Market--

Listing BrokerageROYAL LEPAGE TEAM REALTY

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$7,081/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$4.2% net yield

Net Monthly Cash Flow-$1,498

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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