$999,500 | Castle Heights Ottawa House for Sale at 465 Guy Street Ottawa

Explore 465 Guy Street, a Desirable Castle Heights home for sale for $999,500! This Castle Heights House for sale in Ottawa has been listed on Real-Estate.ca for 18 days under MLS® #X12424686. This home is a 1,500 square foot Single Family House with 4 bedrooms and 3.00 bathrooms. Parking is Detached Garage, No Garage. Explore the Ottawa real estate market and available Castle Heights homes for sale!

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 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. (id:6289)

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