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 (id:28469)
Facts & features
Property
MLS® Number
X12701800
Property Type
Retail
Community Name
1604 - Vernon
Building
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Land
Acreage
No
Size Depth
132 Ft
Size Frontage
165 Ft
Size Irregular
0.5
Size Total
0.5 Ac
Size Total Text
0.5 Ac
Zoning Description
Vm
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.