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$1,575,000
Available - For Sale
Listing ID: X12424140
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.
Price $1,575,000
Taxes: $9,222.98
Tax Type: Annual
Occupancy by: Tenant
Address: 465-469 Guy Street , Overbrook - Castleheights and Area, K1K 1C1, Ottawa
Postal Code: K1K 1C1
Province/State: Ottawa
Legal Description: PT LT 25 & LT 26, PL 300 , AS IN OT61190
Directions/Cross Streets: St Laurent Blvd
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Category: Designated
Building Percentage: T
Total Area: 14,402.09
Total Area Code:  Square Feet
Maintenance: 0
Sewers: Sanitary+Storm
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ROYAL LEPAGE INTEGRITY REALTY

465-469 Guy Street , Overbrook - Castleheights and Area, K1K 1C1, Ottawa

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Maria Tompson
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At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Overbrook - Castleheights and Area
Neighbourhood: 3503 - Castle Heights
Style:
Lot Size: x 120.50(Feet)
Approximate Age:
Tax: $9,222.98
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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