$1,575,000
FOR SALE

Land

Lot: 120.26 x 120.5 ft
2025 Taxes: $9,222.98

465-469 Guy St
Overbrook - Castleheights And Area, ON K1K 1C1 | 3503 - Castle Heights | Ottawa

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.
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Listed By ROYAL LEPAGE INTEGRITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12424140
Last Updated Mar 31, 2026
Property Summary
Property Type Land

More like this:
PIN 042440072
Legal Description PT LT 25 & LT 26, PL 300 , AS IN OT61190 ; OTTAWA/GLOUCESTER & LT 24 & PT LT 25, PL 300 , AS IN CT163872 ; OTTAWA/GLOUCESTER
Possession Date Immediate
Taxes (2025) $9,222.98
Directions/Cross Streets St Laurent Blvd
Neighbourhood 3503 - Castle Heights
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 120.26 x 120.5 ft
Basement Basement
Sewers Sanitary+Storm

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