$1,450,000
9.29 BTC
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Map
6637 Bank Street, Greely - Metcalfe - Osgoode - Vernon And Area
$1,450,000
PRICE
12
BEDROOMS
11
BATHROOMS
X12375213
MLSID

6637 Bank Street, Greely - Metcalfe - Osgoode - Vernon And Area

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!
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Summary

Address
6637 Bank Street
MLSID
X12375213
Property Type
Multiplex
Property Category
Bedrooms
12
Bathrooms
11
Zoning
Rural Commercial (RC)
Taxes (Annual)
$10,994.00
Tax Year
2025
Published
September 2, 2025
Days on Market
3 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Parking Spaces
20
Parking Total
20
Parking Features
Available
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Stone, Aluminum Siding
Lot Size
6
Lot Width
167 Acres
Lot Depth
970 Acres
Water
Well
Heat Source
Propane
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE TEAM REALTY
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