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$4,400,000
Status: OFF MARKET
Single-tenant bank with great redevelopment potential. The Property is 100% leased to Bank of Montreal on a net lease providing stable cashflow with yearly rental steps. Located within the Bank Street South Secondary Plan, the Property is primed for redevelopment in an urban intensification zone with as-of-right height and density permissions of 9 storeys and 100,000+ SF of mixed use residential.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8349758 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :17 May, 2024 (215 Days ago) |
| Source | :TRREB |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1H 7Z4
|
| Price | : $4,400,000 |
|---|---|
| Property Taxes | :$49650.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :Bank Street/ Heron Road |
|---|
17 May, 2024
TREB #X8349752
Available
$4400000.0
