42
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$824,900
Est. payment /mo
4 Beds
3 Baths
2,500 SqFt
New
538 MUTUAL STREET Ottawa, ON K1K1C6
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Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500 - 3000
Square Footage 2,500 sqft
Price per Sqft $329
Subdivision 3503 - Castle Heights
MLS® Listing ID X13246548
Bedrooms 4
Property Sub-Type Freehold
Property Description
Exceptional development opportunity in the heart of Castle Heights. Situated on a 60' x 111' lot and currently improved with a tenanted triplex providing holding income, this property offers compelling future redevelopment potential. A substantial rear concrete block building with high ceilings-larger than the existing residential structure-creates a rare opportunity for adaptive reuse or future development, subject to buyer due diligence and required approvals. Zoned N4B (buyer to verify), the property may support a variety of residential development concepts under Ottawa's evolving zoning framework. Located in a neighbourhood experiencing significant reinvestment and infill activity, this is an outstanding opportunity for builders, developers, and investors seeking both current income and long-term upside. AI renderings included for illustration purposes only. Buyers are advised to verify zoning, permitted uses, development potential, and all approvals required for their intended use. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features Community Centre, School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 10
Garage Yes
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold
Virtual Tour https://resites.feeltheframe.ca/vd/247799596
Listed by RE/MAX DELTA REALTY TEAM
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