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465-469 Guy ST Overbrook - Castleheights And Area, ON K1K 1C1
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 3503 - Castle Heights
MLS Listing ID X12424140
Annual Tax Amount $9,222
Tax Year 2025
Property Sub-Type Land
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.
Location
Province ON
County Ottawa
Area Ottawa
Exterior
Utilities Available Yes
Lot Frontage 120.26
Lot Depth 120.5
Others
ParcelsYN No
Listed by ROYAL LEPAGE INTEGRITY REALTY

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