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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
Zoning Changing to N4B[2064] H(11) with final draft plan
Exterior
Utilities Available Yes
Lot Frontage 120.26
Lot Depth 120.5
Others
ParcelsYN No
Listed by ROYAL LEPAGE INTEGRITY REALTY