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.
| MLS # | X12424140 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 345 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | X12424140 493500 |
| SQ Feet | 14,402 |
|---|---|
| Acreage | 0.33 |
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 9222.98 |
|---|---|
| Tax Type | Annual |
| Tax 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 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Overbrook - Castleheights and Ar |
| Postal Code | K1K 1C1 |
| Area | 3503 Castle Heights |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Overbrook - Castleheights and Ar |
| Postal Code | K1K 1C1 |
| Area | 3503 Castle Heights |