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$1,575,000
Available - For Sale
Listing ID: X12424140
465-469 Guy Street , Overbrook - Castleheights and Area, K1K 1C1, Ottawa
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
No. of Pieces Level
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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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Percent Down:
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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ROYAL LEPAGE INTEGRITY REALTY

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