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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 site is connected with full municipal services. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Each home is rented at market rents, providing passive income during a redevelopment planning period. The draft Ottawa rezoning, which is expected to be approved within a year, offers favourable multifamily density for this site. A concept feasibility study proposes a 35-unit multifamily project with mostly 2-bedroom and some 1-bedroom units. A concept floor plan is available for your review. The two homes must be sold together.
City: Ottawa
Neighborhood: Castle Heights
Purchase Price | $999500 |
Down Payment | $199900 |
Mortgage Insurance | $0 |
Total Mortgage | $799600 |
Mortgage Payment | $4927 |
Property Taxes | $351 |
Maintenance Fees | $0 |
Monthly Payment | $5278 |
Sold Comparables homes near 469 Guy St, Ottawa
Located at 469 Guy St , this Ottawa house is available for sale. This property was listed for $999,500 on Wed Sep 24 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 1 bathroom. The property includes the following rooms: Kitchen, Dining, Bathroom, Solarium, Family, Cold/Cant, Br, 2nd Br, 3rd Br, Bathroom. This property comes with 8 parking spots. 469 Guy St, Ottawa is situated in the Castle Heights neighbourhood.
MLS#: X12424649 · $999,500 · 3 bedroom house in Castle Heights, Ottawa