view of front of house with a front yard and covered porch Features: lawn, porch More Photos

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    For Sale - 469 Guy Street, Overbrook - Castleheights and Area, Ontario

    Est payment $4,954/mo
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    Time on Jump  144 day

    AI Summary *

    • Three-bedroom, two-bath home sold as a package with adjacent property.
    • Located in a mature urban neighborhood near shopping and amenities.
    • Ideal for multifamily redevelopment or buy-and-hold investment opportunity.
    • Combined lot offers 14,402 square feet with excellent zoning potential.
    • Current rental income of $6,100 per month during planning phase.




    This three-bedroom, two-bathroom home is available for sale as a package deal with the adjacent house at 465 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 IDX12424649
    Address469 Guy Street
    CityOverbrook - Castleheights and Area, Onta…
    Price$999,500
    Bed / Bath3 / 1 Full
    Style2-Storey, Detached
    ConstructionVinyl Siding
    Land Size7168.76
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet FreeAmenities Electric Car ChargerOwnership FreeholdBasement FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY
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    469 Guy Street
    Overbrook - Castleheights and Area , Ontario
    3 1 $999,500
    Get more info