465 Guy Street, Ottawa

This 4-bedroom, 3-bathroom home is being sold as a package with the adjacent house at 469 Guy Street for a combined price of $1,498,000 ($749,000 per home). These are two contiguous single-family freehold homes packaged together as a multifamily redevelopment site or a buy-and-hold opportunity. Located in a mature urban neighbourhood in Ottawa's east end near St. Laurent Shopping Centre, retail plazas, restaurants, medical centres and other amenities, with quick access to Highway 417. The site has full municipal services. The combined frontage is 120 feet with a depth of 120 feet, for a combined lot of 14,402 square feet. Both homes are tenanted, providing income during the redevelopment planning period, and are available on 30 days notice. The N4B zoning offers favourable multifamily density for this site. The two homes must be sold together.