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Katie VanNes

katie@mostreferred.expert +1(604) 855-8228

$ 1,575,000

Est. payment | -/mo

14,402 SqFt

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$ 1,575,000

Est. payment | -/mo

Save

14,402 SqFt

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Approx. Sqft 14402

Square Footage 14,402 sqft

Price per Sqft $109

Subdivision 3503 - Castle Heights

MLS® Listing ID X12424140

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Listed by ROYAL LEPAGE INTEGRITY REALTY

NEARBY PROPERTIES

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A 2J2, Canada

465-469 GUY STREET Ottawa, ON K1K1C1

Katie VanNes

Key Details

Location

Rooms

Exterior

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465-469 GUY STREET