538 Mutual Street, Ottawa, Ontario K1K1C6
Listing courtesy of RE/MAX DELTA REALTY TEAM.
- $749,900
- 4
- BD
- 3
- BA
- List Price
- $749,900
- Price Change
- ▼ $75,000 1783215494
- MLS®
- X13246548
- Days on Market
- 99
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Lot Size Dimensions
- 60 x 112 FT
- Subdivision
- 3503 - Castle Heights
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:5764)
Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 3503 - Castle Heights
- Parking Spaces
- 10
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Sanitary sewer
- Community Features
- School Bus, Community Centre
- Heating
- Forced air, Natural gas
- Stories
- 3
