Overbrook - Castleheights And Area, ON K1K 1C1,465-469 Guy ST
Overbrook - Castleheights And Area, ON K1K 1C1,465-469 Guy ST
Overbrook - Castleheights And Area, ON K1K 1C1,465-469 Guy ST
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$1,999,000
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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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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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465-469 Guy ST