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Est. payment /mo
Price Dropped by $75K
538 Mutual ST Overbrook - Castleheights And Area, ON K1K 1C6
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 3503 - Castle Heights
MLS Listing ID X13246548
Style 3-Storey
Bedrooms 3
Annual Tax Amount $5,546
Tax Year 2026
Property Sub-Type Detached
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.
Location
Province ON
County Ottawa
Area Ottawa
Zoning Residential
Rooms
Family Room Yes
Basement Finished, Full
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Other
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 60.0
Lot Depth 112.0
Total Parking Spaces 10
Building
Foundation Concrete
Others
Senior Community Yes
ParcelsYN No
Virtual Tour https://resites.feeltheframe.ca/mls/247343331
Listed by RE/MAX DELTA REALTY TEAM