$700,000 – $800,000 Ottawa Homes For Sale

Ottawa, Ontario

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:50982)

Ottawa, Ontario

An exceptional opportunity in the heart of Ottawa’s vibrant ByWard Market – this semi-detached property offers BOTH 294 & 292 Clarence Street for sale together. Rarely does a full side-by-side building become available in this prime downtown location. Whether you’re an investor looking to expand your portfolio, a buyer seeking multi-generational living, or someone wanting to live in one unit while generating rental income from the other, this property delivers flexibility and long-term upside. Situated steps from the Market, restaurants, cafés, public transit, and Ottawa’s core amenities, the location ensures strong rental demand and walkability. With two separate units under one roof, the possibilities include: dual income streams, redevelopment, sever the buildings and re-list one half, or future value appreciation in one of the city’s most established neighbourhoods. (id:50982)