492 Vernon Avenue, Overbrook - Castleheights And Area, ON K1K 1A6

$699,900
5
BD
1
BA
1,100
SqFt

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List Price
$699,900
MLS#
X13594778
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
5
Bathrooms
1
Living Area
1100-1500
Province
ON
Municipality
Overbrook - Castleheights And Area
Area
Ottawa
Neighborhood
3503 - Castle Heights
Subdivision
Cote Street | Vernon Avenue

Property 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.

Additional Information

Taxes
$4,881
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Kitchens
1
Exterior
Brick, Stone
Garage Type
Carport
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.