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:2493)
Data was last updated August 21, 2026 at 01:45 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$547,400
Min list price:
$399,900
Max list price:
$850,000
Avg days on market:
49
Min days on market:
1
Max days on market:
331
These statistics are generated based on the current listing's property type
and located in
3503 - Castle Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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