This 4-bedroom, 3-bathroom home is being sold as a package with the adjacent house at 469 Guy Street for a combined price of $1,498,000 ($749,000 per home). These are two contiguous single-family freehold homes packaged together as a multifamily redevelopment site or a buy-and-hold opportunity. Located in a mature urban neighbourhood in Ottawa's east end near St. Laurent Shopping Centre, retail plazas, restaurants, medical centres and other amenities, with quick access to Highway 417. The site has full municipal services. The combined frontage is 120 feet with a depth of 120 feet, for a combined lot of 14,402 square feet. Both homes are tenanted, providing income during the redevelopment planning period, and are available on 30 days notice. The N4B zoning offers favourable multifamily density for this site. The two homes must be sold together. (id:28469)
Facts & features
Property
MLS® Number
X14152300
Property Type
Single Family
Community Name
3503 - Castle Heights
Ownership
Freehold
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)
Construction Style Attachment
Detached
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
Type
House
Utility Water
Municipal Water
Parking
Detached Garage
—
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
120 Ft
Size Frontage
60 Ft
Size Irregular
60 X 120 Ft
Size Total Text
60 X 120 Ft
Zoning Description
N4b
Utilities
Cable
Installed
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$3,316/mo
Ontario land transfer tax
$11,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.