465 Guy Street

Introducing a remarkable opportunity to acquire a house for sale in Ottawa , located at 465 Guy Street, Ottawa. This detached two-storey residence boasts four spacious bedrooms and three bathrooms, making it an ideal choice for families or investors alike. The property is currently rented and is being offered as part of a package deal alongside the adjacent house at 469 Guy Street, creating a unique prospect for multifamily redevelopment or a buy-and-hold investment strategy.

Situated in the vibrant community of Castle Heights, this house for sale in Ottawa is nestled within an urban mature neighbourhood, providing residents with easy access to a wealth of amenities. Just a stone’s throw away from the St Laurent Shopping Centre, you will find an array of retail plazas, restaurants, and medical centres, ensuring that all your daily needs are met within close proximity. The location also offers convenient access to Highway 417, making commuting a breeze for those who work in the city or beyond.

The exterior of the property features a combination of vinyl siding and stucco (plaster), giving it a modern yet classic appearance. The lot measures an impressive 60 by 120 feet, providing ample outdoor space for potential landscaping or future development. Although there is no pool on the premises, the large lot allows for various outdoor activities and gatherings. The house also includes a detached garage space for one vehicle, along with a private driveway that accommodates two additional parking spaces.

Inside, the house for sale in Ottawa is unfurnished, allowing new owners to personalise the space to their taste. The central air conditioning ensures comfort during the warmer months, while the forced air heating system provides warmth during the colder seasons. The property features a total of 13 rooms, including the four bedrooms, which offer plenty of room for family members or guests. While there is no family room or additional rooms, the layout is efficient and functional for everyday living.

A notable feature of this house for sale in Ottawa is the unfinished basement, which presents an excellent opportunity for future expansion or additional storage. The home is connected to municipal water and sewer services, ensuring reliable utility access for residents. Additionally, the presence of a fireplace adds a touch of charm and warmth to the living space, perfect for cosy evenings in.

The current rental arrangement provides passive income, making this property an attractive option for investors during the redevelopment planning period. The combined lot size of 14,402 square feet, with a total frontage of 120 feet, offers significant potential for future development. A draft rezoning proposal for Ottawa is expected to be approved within the year, which would allow for favourable multifamily density on this site. A concept feasibility study suggests the possibility of a 35-unit multifamily project, primarily consisting of two-bedroom units, with some one-bedroom options available. A concept floor plan is readily available for interested parties to review.

In summary, this house for sale in Ottawa at 465 Guy Street, Ottawa, presents a unique investment opportunity in a thriving neighbourhood. With its strategic location near essential amenities and the potential for future redevelopment, this property is not to be missed. The requirement to sell both homes together, including the adjacent property at 469 Guy Street, adds to the appeal for those looking to maximise their investment in this growing area. Whether you are an investor seeking passive income or a family looking for a new home, this house for sale in Ottawa is worth considering.

Castle Heights, located in the vibrant city of Ottawa, is a charming residential neighbourhood that offers a delightful blend of urban convenience and suburban tranquility. Characterised by its tree-lined streets and well-maintained homes, this community boasts a welcoming atmosphere that appeals to families and professionals alike. With easy access to public transport, local parks, and a variety of shops and eateries, residents can enjoy a balanced lifestyle. The proximity to major roadways ensures that the broader attractions of Ottawa are just a short drive away, making Castle Heights an ideal choice for those seeking a peaceful yet connected place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you will find Robert E. Wilson Public School, just 0.3 km away, offering English instruction for grades JK to 6 with a solid rating of 4. Queen Elizabeth Public School, located 0.5 km from the property, serves grades JK to 8 and has a rating of 3.9. For older students, Lisgar Collegiate Institute, a secondary school rated 7.9, is 3.5 km away, providing education for grades 9 to 12. Additionally, Manor Park Public School and Vincent Massey Public School offer French-language instruction for younger students, with ratings of 6 and 6.9, respectively, and are located 2.0 km and 3.7 km from the property. For those seeking a Catholic education, St. Michael School is just 0.5 km away, while Immaculata High School, serving grades 7 to 12, is 3.7 km distant. Overall, the area boasts a diverse selection of educational options, ensuring that families can find the right fit for their children's needs.