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Castle Heights · K1K 1C1
$850,000
MLS® #X12424649
All photos · 36
3
Bedrooms
1
Bathrooms
1100-1500
Square Feet
About this property
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.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Ground | 12' × 11' |
| Dining Room | Ground | 12' 10" × 11' 1" |
| Bathroom | Ground | 5' 1" × 6' 6" |
| Solarium | Ground | 13' 8" × 14' 6" |
| Family Room | Basement | 18' 9" × 24' |
| Cold Room/Cantina | Basement | 5' × 24' |
| Bedroom | Second | 11' 8" × 11' 6" |
| Bedroom 2 | Second | 11' 2" × 13' 9" |
| Bedroom 3 | Second | 10' × 13' 9" |
| Bathroom | Second | 5' × 9' 8" |
Mortgage estimate
Estimated monthly payment
$3,589
Down payment: $170,000 · Loan: $680,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: ROYAL LEPAGE INTEGRITY REALTY. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Mar 31, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.