465-469 Guy Street, Ottawa, Ontario K1K 1C1

Listed for:
$1,999,000
0 beds
0 baths
Listed 143 days ago
465-469 Guy Street, Ottawa, Ontario K1K 1C1

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About

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. 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:27476)

Property Highlights

MLS® Number
X12424140
Type
Vacant Land
Community Name
3503 - Castle Heights
Land Size
120.26 x 120.5 FT

Building

Square Footage
14402 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE INTEGRITY REALTY
MLS® number:
X12424140
Agent:
Mitch Gauzas
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