About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12424140
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	14,402 sq ft
Lot Size	14,402 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	3503 - Castle Heights
City	Overbrook - Castleheights and Area
Postal Code	K1K 1C1
Province	ON
Listed Date	September 24, 2025
Days on Market	316
Price per Sq Ft	$109
Brokerage	ROYAL LEPAGE INTEGRITY REALTY