MLS#: X12424140Listed: about 2 months agoUpdated:about 1 month ago
Description
Two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. An urban mature neighbourhood location in Ottawa's East, near St Laurent Shopping Centre, lots of retail plazas, restaurants, medical centres and other basic amenities. Proximity to Highway 417. The site is connected with full municipal services. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Each home is rented at market rents, providing passive income during a redevelopment planning period. The draft Ottawa rezoning, which is expected to be approved within a year, offers favourable multifamily density for this site. A concept feasibility study proposes a 35-unit multifamily project with mostly 2-bedroom and some 1-bedroom units. A concept floor plan is available for your review. The two homes must be sold together. (id:58075)
Details
Details for 465 469 Guy Street, Ottawa, Ontario
Property Type
Vacant Land
Building Type
-
Storeys
-
Neighborhood
3503 - Castle Heights
Land Size
120.26 x 120.5 FT
Year Built
-
Annual Property Taxes
$9,223
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: St Laurent Blvd. ** Directions: From St Laurent Blvd turn West on McArthur Ave, turn North on May St, Turn West on Guy St.