Address
538 Mutual Street, Ottawa, ON
Price
$ 749,900
Property Attributes
- ID#X13246548
- TypeSingle Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Area3503 - Castle Heights
- Neighbourhood3503 - Castle Heights
- Postal CodeK1K 1C6
- Style
- Price$ 749,900
- Bedrooms3+1
- Bathrooms3
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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:7434)
General Features
| Community Features | Community Centre, School Bus |
|---|---|
| Property Type | Single Family |
| Zoning Description | Residential |
| CommunityName | 3503 - Castle Heights |
| Amenities | Hospital, Park, Public Transit |
| Building Cooling Type | Central air conditioning |
| Location Description | Mutual St & May St |
| Parking Space Total | 10 |
| Foundation Type | Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 3 |
Interior Features
| Building Fireplace Present | True |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Style Attachment | Detached |
| Living Area Range | 2500 |
| Bedrooms | 3+1 |
Exterior Features
| Structure | Workshop |
|---|---|
| Land Amenities | Hospital, Park, Public Transit |
| Sewer | Sanitary sewer |
| Exterior Finish | Stone, Vinyl siding |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in K1K 1C6
Price
In The Neighbourhood
Ottawa
$ 699,900
492 Vernon Avenue
Ottawa, ON K1K1A6
- Type
- Single Family
- Rooms
- 5 Beds + 1 Baths
RE/MAX HALLMARK REALTY GROUP
Ottawa
$ 729,800
636 Malartic Avenue
Ottawa, ON K1K0X3
- Type
- Single Family
- Rooms
- 4 Beds + 2 Baths
COLDWELL BANKER FIRST OTTAWA REALTY
