Land for Sale in Ottawa – 465-469 GUY STREET, Ottawa – MLS# X12424140

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$1,575,000

465-469 GUY STREET, Ottawa

14,402 Sq Ft • Land
MLS# X12424140
  • Land
  • Ottawa location
613-369-5199

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About This Property

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:66401)

Property Details

Living Area 14,402 sq ft
Property Type Land

Location

465-469 GUY STREET, Ottawa, Ontario, K1K1C1

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14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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