Maison Property Group
492 Vernon Avenue, 3503 - Castle Heights - Image 1
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$650,000

492 Vernon Avenue

Ottawa, ON K1K 1A6
3503 - Castle Heights
5 beds
1 bath
4 parking
Detached
MLS#: X13812108
Listed: today
Updated: today

Description

Investor Alert! Welcome to 492 Vernon Avenue on a quiet residential street within walking distance to St. Laurent recreational complex. An exceptional opportunity for investors, developers, or buyers looking to unlock incredible future potential. This estate sale offers a rare chance to acquire a single-family home situated on a generous lot with the opportunity to renovate the existing layout into two one-bedroom basement apartments, creating a triplex opportunity (buyer to verify all zoning, permits, and municipal approvals). The upper level has 3 bedrooms and the lower level has 2 one-bedroom apartments ready to renovate with the existing layout. Can also be converted to a family home. Zoning is R3A, R4B, however buyer to verify all zoning, permits, and municipal approvals. Whether you're looking to expand your investment portfolio, generate rental income, or maximize the property's potential, this is an opportunity you won't want to miss. Ideally located just minutes from downtown Ottawa and close to schools, parks, public transit, shopping, restaurants, hospital and all essential amenities. Property is being sold AS-IS where-is, with no representations or warranties by the Estate.

Property Details

Rooms Above Grade:6
Lot Size:105.19 x 39.51 Feet
Annual Tax:$4,881.45
Fireplace:Yes

Architectural Style

  • Bungalow

Basement

  • Full
  • Unfinished
  • Development Potential

Cooling

  • None

Heat Type

  • Other

Heat Source

  • Gas
Mélissa Nguyen
Mélissa Nguyen
(613) 532-7602
Amir Salehi
Amir Salehi
(613) 796-6896

Location

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Listing Brokerage

RE/MAX HALLMARK REALTY GROUP