4 Bedrooms

3 Bathrooms

1,500 - 2,000 sqft Interior

2 Parking spaces

120 X 120 Ft, Under 1/2 Acre Lot size

2 days ago Listed

Fireplace Central Air Conditioning Forced Air

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About this home

Multifamily development opportunity in Ottawa's east end: two contiguous freehold lots at 465 and 469 Guy Street, offered together for $1,498,000. The assembled site has 120 feet of frontage and 120 feet of depth, about 14,402 square feet, with full municipal services. The N4B zoning offers favourable multifamily density. Income while you plan: each lot has a tenanted single-family home, providing cash flow through the approvals and design phase, with both tenancies available on 30 days notice when you are ready to build. A mature urban location near St. Laurent Shopping Centre, retail plazas, restaurants, medical centres and transit, with quick access to Highway 417, supports strong rental demand. Second roll number: 61401050128800. The two properties must be sold together. (id:28469)

Facts & features

Property

MLS® Number: X14152362
Property Type: Vacant Land
Community Name: 3503 - Castle Heights
Parking Space Total: 2

Building

Bathroom Total: 3
Bedrooms Above Ground: 4
Bedrooms Total: 4
Amenities: Fireplace(s)
Appliances: Water Meter
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Cooling Type: Central Air Conditioning
Exterior Finish: Vinyl Siding, Stucco
Fireplace Present: Yes
Foundation Type: Poured Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 1,500 - 2,000 Sqft
Utility Water: Municipal Water

Parking

Detached Garage: —
No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 120 Ft
Size Frontage: 120 Ft
Size Irregular: 120 X 120 Ft
Size Total Text: 120 X 120 Ft|under 1/2 Acre
Zoning Description: N4b

Utilities

Cable: Installed
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $6,633/mo
Ontario land transfer tax: $26,435 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Castle Heights market

10 Active listings

$595,000 Median asking price

152% above median This home

24 days Avg. time on market

Browse all Castle Heights listings →

Location

465-469 Guy Street, Ottawa, Ontario K1K 1C1 · Get directions

465-469 Guy Street