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$699,900
Est. payment /mo
5 Beds
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 3503 - Castle Heights
MLS Listing ID X13594778
Style Bungalow
Bedrooms 5
Annual Tax Amount $4,881
Tax Year 2025
Property Sub-Type Detached
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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Unfinished, Development Potential
Kitchen 1
Separate Den/Office 2
Interior
Interior Features In-Law Capability, Rough-In Bath, Storage
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 39.51
Lot Depth 105.19
Total Parking Spaces 4
Building
Foundation Block
Others
ParcelsYN No
Virtual Tour https://elephant-shoe-media.aryeo.com/sites/rmojlzqy/unbranded
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Listed by RE/MAX HALLMARK REALTY GROUP
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