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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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465 Guy Street, Overbrook - Castleheights And Area, ON K1K 1C1

Detached Home For Sale | X12424686Sale

Listing ID: X12424686
$800,000
4 Bedrooms
3 Bathrooms
Listing ID #X12424686
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.

Basic Details
Listing ID : X12424686
Listing Type : Sale
Price : $800,000
Bathrooms : 3
Status : Active
Property Sub Type : Detached
Roof : Asphalt Shingle
Map
Address Map
465
Guy
US
ON
Ottawa
Overbrook - Castleheights And Area
K1K 1C1
Street
North
From St Laurent Blvd turn West on Mc Arthur Ave, turn North on May St, Turn West on Guy St.
Changing to N4B[2064] H(11) with final draft plan
Property Area
3503 - Castle Heights
Features
: Central Air
: Wood
: None
: Unfinished
: Private
: 2-Storey
: None
: Sewer
Rooms
4
Additional Information
: Stucco (Plaster), Vinyl Siding
: Poured Concrete
999500
Financial
5016.0
Listing Information
Extension
2026-03-31T14:58:21Z
TRREB

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