LOT SIZE 120.26 x 120.5 FT
SQUARE FEET14,402
MLS#X12424140
STATUSActive
PROPERTY TYPELand - Residential
Property 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:52350)
Property Features
Property Type: Land - Residential
Lot Size: 120.26 x 120.5 FT
Taxes: $9,222
Feature Descriptions
Board Association: Ottawa Real Estate Board
Days on Site: 193
Living Area Size: 14402 square feet
Lot Dimensions: 120.26 x 120.5 FT
Property Sub Type: Vacant Land
Water: Municipal water
Listed By / Shown By
Listed By
Agency Name: ROYAL LEPAGE INTEGRITY REALTY
Agency Phone: 613-829-1818
Shown By
Agent Name: Bhuvana Harendra
Agent Phone:
Agency Title: Solid Rock Realty Inc
Estimate Your Payment
Estimated Payment
$ 4,733.14 per month $3,505.27 Principal & Interest $768.50 Property Tax $459.38 Homeowner's InsuranceChange Payment Information
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465-469 Guy Street | MLS# X12424140
This land located at 465-469 Guy Street, Ottawa, ON is currently listed for sale with an asking price of $1,575,000. The property has approximately 120.26 x 120.5 FT Acres.