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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!
City: Metcalfe
Neighborhood: Osgoode Twp North of Reg Rd 6
Purchase Price | $1450000 |
Down Payment | $290000 |
Mortgage Insurance | $0 |
Total Mortgage | $1160000 |
Mortgage Payment | $7148 |
Property Taxes | $916 |
Maintenance Fees | $0 |
Monthly Payment | $8064 |
Located at 6637 Bank St , this Metcalfe house is available for sale. This property was listed for $1,450,000 on Tue Sep 02 2025. This house's size is 5000 + Sqft. It has 12 bedrooms and 11 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 20 parking spots. 6637 Bank St, Metcalfe is situated in the Osgoode Twp North of Reg Rd 6 neighbourhood.
MLS#: X12375213 · $1,450,000 · 12 bedroom house in Osgoode Twp North of Reg Rd 6, Metcalfe