$824,900
Available - For Sale
Listing ID: X13246548
538 Mutual Street , Overbrook - Castleheights and Area, K1K 1C6, Ottawa
| Exceptional development opportunity in the heart of Castle Heights. This 60' x 111' lot offers rare zoning potential for a 9-unit project consisting of three row units, each with a secondary dwelling unit, plus three coach houses. What truly sets this property apart is the substantial existing rear structure-a solid concrete block building with high ceilings that presents an ideal opportunity for conversion into the proposed coach houses, significantly reducing redevelopment costs and complexity. The existing triplex is currently tenanted, providing holding income while plans and approvals are pursued. Located in one of Ottawa's evolving urban neighbourhoods, Castle Heights is experiencing ongoing revitalization with numerous new multi-unit developments and infill projects transforming the area. An outstanding opportunity for developers, builders, and investors seeking a project where much of the foundation for future value is already in place. Two AI photos added for illustration. |
| Price | $824,900 |
| Taxes: | $5546.39 |
| Occupancy: | Owner |
| Address: | 538 Mutual Street , Overbrook - Castleheights and Area, K1K 1C6, Ottawa |
| Acreage: | < .50 |
| Directions/Cross Streets: | Mutual St & May St |
| Rooms: | 8 |
| Rooms +: | 1 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Finished, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Lower |
| Washroom Type 2 | 3 | Upper |
| Washroom Type 3 | 3 | Main |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Lower |
| Washroom Type 7 | 3 | Upper |
| Washroom Type 8 | 3 | Main |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 3-Storey |
| Exterior: | Stone, Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Workshop |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Hospital, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | A |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX DELTA REALTY TEAM |
|
|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Ottawa |
| Municipality: | Overbrook - Castleheights and Area |
| Neighbourhood: | 3503 - Castle Heights |
| Style: | 3-Storey |
| Tax: | $5,546.39 |
| Beds: | 3+1 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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