bungalow-style home featuring a chimney, a front lawn, roof with shingles, and view of scattered trees Features: awning, lawn, gas meter More Photos

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    For Sale - 465 Guy Street, Overbrook - Castleheights and Area, Ontario

    Est payment $3,842/mo
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    Views   1
    Time on Jump  190 day

    AI Summary *

    • Spacious 4-bedroom, 3-bathroom home with rental income potential.
    • Sold as a package with an adjacent property for redevelopment.
    • Located in an urban neighborhood near shopping and dining options.
    • Combined lot offers over 14,400 square feet of development opportunity.
    • No parking required with new zoning, simplifying future plans.




    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.
    Listing IDX12424686
    Address465 Guy Street
    CityOverbrook - Castleheights and Area, Onta…
    Price$800,000
    Bed / Bath4 / 3 Full
    Style2-Storey, Detached
    ConstructionVinyl Siding, Stucco (Plaster)
    Land Size7233.34
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    465 Guy Street
    Overbrook - Castleheights and Area , Ontario
    4 3 $800,000
    Get more info