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$999,500
469 GUY STREET
Ottawa, Ontario, Ontario, K1K1C1
MLS® Number: X12424649
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 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.
Building information
Type
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Basement Development
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Foundation Type
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Half Bath Total
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Ground level
Solarium
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Bathroom
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Dining room
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Kitchen
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Basement
Cold room
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Family room
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Second level
Bathroom
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Bedroom 3
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Bedroom 2
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Bedroom
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Courtesy of ROYAL LEPAGE INTEGRITY REALTY
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