465 Guy Street, Overbrook - Castleheights And Area, ON K1K 1C1
- $800,000
- 4
- BD
- 3
- BA
- 1,500
- SqFt
- List Price
- $800,000
- Price Change
- ▼ $199,500 1774693040
- MLS#
- X12424686
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 2-Storey
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Overbrook - Castleheights And Area
- Area
- Ottawa
- Neighborhood
- 3503 - Castle Heights
- Subdivision
- St Laurent Blvd
Property Description
This 4-bedroom, 3-bathroom home is currently rented and being sold as a package with the adjacent house at 469 Guy Street. These are two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. An urban mature neighbourhood location in Ottawa's East, near St Laurent Shopping Centre, lots of retail plazas, restaurants, medical centres and other basic amenities. Proximity to Highway 417. 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.
Additional Information
- Taxes
- $5,016
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 1
- Exterior
- Vinyl Siding, Stucco (Plaster)
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 2
- Parking Type
- Private
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Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.