About 465-469 Guy Street
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.
Features of 465-469 Guy Street
| MLS® # | X12424140 |
|---|---|
| Price | $1,575,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 465-469 Guy Street |
|---|---|
| Area | Ottawa |
| Subdivision | 3503 - Castle Heights |
| City | Overbrook - Castleheights and Area |
| Province | ON |
| Postal Code | K1K 1C1 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Fireplace | No |
|---|
Listing Details
| Office | ROYAL LEPAGE INTEGRITY REALTY |
|---|