$850,000
469 GUY STREET
Beds
3
Baths
1 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- 3503 - Castle Heights
- Common interest
- Freehold
- Lot dimensions
- 60 x 120 FT
- Bedrooms
- 3 above grade
- Parking
- 8 total
- Stories
- 2
- On market
- Sep 24, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $4,206.55 (2025)
- Zoning
- Changing to N4B[2064] H(11) with final draft plan
- Photos
- 31
- MLS#
- X12424649
- Area
- OTTAWA
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Lot
Utilities
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,240
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.