538 MUTUAL STREET, Ottawa, ON K1K1C6
538 MUTUAL STREET, Ottawa, ON K1K1C6
538 MUTUAL STREET, Ottawa, ON K1K1C6
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$749,900
Est. payment /mo
4 Beds
3 Baths
2,500 SqFt

UPDATED:

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 $299

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


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Rebecca Liu

Rebecca Liu

+1(613) 879-9650

Agent | License ID: 5031708

Agent License ID: 5031708

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