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$1,999,000
Available - For Sale
Listing ID: X12424140
Two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. An urban mature neighbourhood location in Ottawa's East, near St Laurent Shopping Centre, lots of retail plazas, restaurants, medical centres and other basic amenities. Proximity to Highway 417. The site is connected with full municipal services. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Each home is rented at market rents, providing passive income during a redevelopment planning period. The draft Ottawa rezoning, which is expected to be approved within a year, offers favourable multifamily density for this site. A concept feasibility study proposes a 35-unit multifamily project with mostly 2-bedroom and some 1-bedroom units. A concept floor plan is available for your review. The two homes must be sold together.
Price $1,999,000
Taxes: $9,222.98
Tax Type: Annual
Occupancy by: Tenant
Address: 465-469 Guy Stre , 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
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Designated
Building Percentage: T
Total Area: 14,402.09
Total Area Code:  Square Feet
Maintenance: 0
Sewers: Sanitary+Storm
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ROYAL LEPAGE INTEGRITY REALTY

465-469 Guy Stre , Overbrook - Castleheights and Area, K1K 1C1, Ottawa


 
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Type: Com - Land
Area: Ottawa
Municipality: Overbrook - Castleheights and Area
Neighbourhood: 3503 - Castle Heights
Style:
Lot Size: x 120.50(Feet)
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Tax: $9,222.98
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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