- Price
- $1,575,000
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 14,402 sq ft
- Type
- Vacant Land
- Year built
- —
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY
About this home
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. (id:66700)
Location
3503 - Castle Heights, Ottawa
Estimate your payment
A rough monthly cost for this home — adjust the numbers to fit your situation.
Estimated monthly payment
$7,321
or $3,661 bi-weekly
- Mortgage amount
- $1,260,000
- Total interest
- $936,315
Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY
Listing data last updated April 24, 2026.
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