Multifamily development opportunity in Ottawa's east end: two contiguous freehold lots at 465 and 469 Guy Street, offered together for $1,498,000. The assembled site has 120 feet of frontage and 120 feet of depth, about 14,402 square feet, with full municipal services. The N4B zoning offers favourab...le multifamily density. Income while you plan: each lot has a tenanted single-family home, providing cash flow through the approvals and design phase, with both tenancies available on 30 days notice when you are ready to build. A mature urban location near St. Laurent Shopping Centre, retail plazas, restaurants, medical centres and transit, with quick access to Highway 417, supports strong rental demand. Second roll number: 61401050128800. The two properties must be sold together.
Full Property Details
Interior
Bedrooms
4
Total Bedrooms
4
Washrooms
3
Square Footage
1500-2000 sqft
Basement
Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
1
Total Kitchens
1
Fireplace Features
Yes
Bedrooms
4
Total Bedrooms
4
Washrooms
3
Square Footage
1500-2000 sqft
Basement
Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
1
Total Kitchens
1
Fireplace Features
Yes
Exterior
Depth
120.0
Front
120.0
Acreage
< .50
Driveway
Private
Lot Size
120 x 120.0 ft
Pool
None
Waterfront
None
Parking Spaces
2
Total Parking Spaces
2.00
Parking Description
Detached
Garage Spaces
1
Zoning
N4B
Depth
120.0
Front
120.0
Acreage
< .50
Driveway
Private
Lot Size
120 x 120.0 ft
Pool
None
Waterfront
None
Parking Spaces
2
Total Parking Spaces
2.00
Parking Description
Detached
Garage Spaces
1
Zoning
N4B
Building Description
Style
2-Storey
Home Type
Lots/Land
Subtype
Vacant Land
Property Orientation
North
Exterior Finish
Vinyl Siding,Stucco (Plaster)
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Lots/Land
Subtype
Vacant Land
Property Orientation
North
Exterior Finish
Vinyl Siding,Stucco (Plaster)
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Castle Heights
Community
Castle Heights
Taxes & Fees
Taxes
$9,222.55 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$9,222.55 /yr
Tax Year
2025
Occupancy
Tenant
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