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$674,900
3 Beds ⋅ 2 Baths ⋅ X13764500 MLS
Welcome to 464 Mutual Street, a fantastic opportunity in Ottawa's Gloucester area! This charming 1950s single-family home offers 3 bedrooms, 1.5 bathrooms, a detached garage, and sits on an impressive 60 x 112 ft lot with desirable R3A zoning. Whether you're a homeowner looking for a property with character, an investor seeking long-term value, or a developer exploring future possibilities, this property offers exceptional potential.The generous lot provides plenty of flexibility for renovation, expansion, or exploring future redevelopment opportunities, while the existing home offers a solid starting point for those looking to personalize and make it their own. The detached garage adds valuable storage and parking options, making this property both practical and versatile.Location is a key feature, with convenient access to major roads, public transit, shopping, restaurants, schools, parks, and everyday amenities. Enjoy being within easy reach of Gloucester's extensive retail and services, including St. Laurent Shopping Centre and nearby commercial amenities, while also having quick access to downtown Ottawa, the Rideau River, parks, recreational facilities, and the University of Ottawa. With nearby transit connections and major routes, commuting throughout Ottawa and surrounding areas is convenient.Opportunities like this - combining a substantial lot, R3A zoning, an established neighbourhood, and convenient access to amenities - are increasingly difficult to find. Whether you choose to renovate, expand, hold as an investment, or investigate future development potential, 464 Mutual Street is worth exploring.Don't miss your opportunity to secure a property with character, flexibility, and long-term upside. Book your showing today!Home is being sold as-is (Schedule B).

464 Mutual Street, Overbrook - Castleheights And Area
$699,900
5 Beds ⋅ 1 Baths ⋅ X13594778 MLS
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.

492 Vernon Avenue, Overbrook - Castleheights And Area
$729,800
4 Beds ⋅ 2 Baths ⋅ X13585596 MLS
Welcome to 636 Malartic Avenue. Located on a quiet street in Ottawa's established Castleheights neighbourhood, this property presents an excellent opportunity for investors, or savvy buyers looking to add their own personal touch. The main level features beautiful hardwood floors throughout, three good sized bedrooms and a cook's dream kitchen with ample storage, providing a functional layout for family living. The oversized patio door lets in loads of natural light and leads to a stunning three tiered composite deck. While the lower level offers a large recreation room, storage room, laundry room and a potential rental unit with a separate entrance, full kitchen, and bathroom-providing excellent flexibility for multi-generational living extended family use. Adding to the property's appeal and creating an attractive outdoor space this spectacular home boasts a very private, fully fenced backyard with an inground swimming pool, creating the perfect setting for summer enjoyment and entertaining. Conveniently located just minutes from downtown Ottawa and close to schools, parks, hospitals, shopping, and public transit, this property is well positioned for exceptional long-term potential in a prime central location.

636 Malartic Avenue, Overbrook - Castleheights And Area
$749,900
4 Beds ⋅ 3 Baths ⋅ X13246548 MLS
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.

538 Mutual Street, Overbrook - Castleheights And Area
$800,000
4 Beds ⋅ 3 Baths ⋅ X12424686 MLS
This 4-bedroom, 3-bathroom home is currently rented and being sold as a package with the adjacent house at 469 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.

465 Guy Street, Overbrook - Castleheights And Area
$850,000
3 Beds ⋅ 1 Baths ⋅ X12424649 MLS
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.

469 Guy Street, Overbrook - Castleheights And Area