This 4-bedroom, 3-bathroom home is currently rented and being sold as a package with the adjacent house at 469 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. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
60 x 120 ft
Listing Contract Date
2025-09-24
Location Description
Cross Streets: St Laurent Blvd. ** Directions: From St Laurent Blvd turn West on McArthur Ave, turn North on May St, Turn West on Guy St.
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Transaction Type
For sale
Zoning Description
Changing to N4B[2064] H(11) with final draft plan
Building
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
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bathroom
Second level
3.96 m x 1.82 m
Bedroom
Second level
7.01 m x 3.9 m
Bedroom 2
Second level
3.53 m x 2.9 m
Bedroom 4
Second level
2.62 m x 3.04 m
Bathroom
Basement
1.82 m x 2.74 m
Office
Basement
7.01 m x 3.65 m
Furnace
Basement
7.01 m x 4.26 m
Kitchen
Ground level
3.65 m x 3.35 m
Bathroom
Ground level
2.43 m x 1.82 m
Dining room
Ground level
4.572 m x 3.96 m
Living room
Ground level
4.572 m x 3.65 m
Den
Ground level
2.74 m x 3.65 m
Bedroom 3
Ground level
3.65 m x 4.26 m
Parking Spaces
Name
Spaces
Detached Garage
No Garage
Utilities
Type
Description
Cable
Installed
Electricity
Installed
Sewer
Installed
Land
Total Size
60 x 120 FT
Sewer
Sanitary sewer
Size of Irregular Land
60 x 120 FT
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