Courtesy of: Mitch Gauzas, Salesperson, ROYAL LEPAGE INTEGRITY REALTY
Courtesy of: Mitch Gauzas, Salesperson, ROYAL LEPAGE INTEGRITY REALTY
$1,999,000
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14,402 square feet
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Vacant Land
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$1,999,000
465-469 GUY STREET 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:203)