Address
469 Guy Street, Ottawa, ON
Price
$ 850,000
Property Attributes
  • ID#X12424649
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Neighbourhood3503 - Castle Heights
  • Postal CodeK1K 1C1
  • StyleSingle Family Dwelling
  • Price$ 850,000
  • Bedrooms3
  • Bathrooms0
  • Half Bathrooms1
  • Sqr Footage1500
Data Source:
RLP - CREA EN
Property Description

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 Features

Zoning Changing to N4B[2064] H(11) with final draft plan
Terms SALE
Neighbourhood 3503 - Castle Heights
Construction Style Detached
Property Sub Type Single Family
jumpId 26338833
Property Subtype French Single Family Dwelling
Listing Type French House
MLS X12424649
Building Type House
Features Carpet Free
Property Type Single Family
Sewer Sanitary sewer

Interior Features

Living Area Range 1500 sqft
Bedrooms 3
Basement Finished
Basement Type N/A
Cooling Type Central air conditioning
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Beds 3
Total Baths 0+1
Total Baths 0+1
Total Half Baths 1

Exterior Features

Exterior Finish Vinyl siding
Parking Type No Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K1K 1C1

Price
AVG $830K
$850K