MLS#: X12424140Listed: 5 months agoUpdated:5 days ago
Description
Two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. The new official zoning designation for the property once finally approved by the city will be N4B. This will permit a height allowance of 12.5 meters, rear yard set back of 7.5 meters, front yard set back of 3 meters, and side yard set backs of 1.8 meters combined. No parking will be required with the new zoning. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Initial estimates project a floor plate of approximately 9,690 sf with the incoming zoning. Both homes are rented for a combined amount of $6,100 per month. Utilities extra. Great passive income during a redevelopment planning period. 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.