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$999,500

3 Beds

1 Bath

1100 - 1500 FEETSQ

QuickQuoteTM: Not Available

Ottawa ON, K1K 1C1

MLS® # X12424649

Property Information:

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 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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 1
  • Half Bathrooms: 1
  • Features: Carpet Free
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 x 120 FT
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Installed
  • Zoning: Changing to N4B[2064] H(11) with final draft plan
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Rooms:

  • Bedroom 2nd Level 3.56 m x 3.50 m
  • 2nd Bedroom 2nd Level 3.41 m x 4.19 m
  • 3rd Bedroom 2nd Level 3.04 m x 4.19 m
  • Bathroom 2nd Level 1.52 m x 2.95 m
  • Family Basement Level 5.71 m x 7.31 m
  • Cellar/Cold Room Basement Level 1.52 m x 7.31 m
  • Kitchen Ground Level 3.65 m x 3.35 m
  • Dining Ground Level 3.90 m x 3.38 m
  • Bathroom Ground Level 1.54 m x 1.98 m
  • Solarium Ground Level 4.17 m x 4.41 m

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Location of 469 GUY STREET, Ottawa, Ontario, K1K 1C1

Demographic Information of 469 GUY STREET, Ottawa, Ontario, K1K 1C1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,377.46

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.5 %

High school certificate or equivalent

28.84 %

Apprenticeship trade certificate/diploma

3.72 %

College/non-university certificate

19.15 %

University certificate (below bachelor)

1.89 %

University Degree

23.89 %

Commuter

Travel To Work

By Car

69.55 %

By Public Transit

18.93 %

By Walking

8.54 %

By Bicycle

1.08 %

By Other Methods

1.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.55 %

Houses

43.45 %

Own Vs. Rent