538 MUTUAL STREET, Ottawa, Ontario K1K 1C6

538 MUTUAL STREET, Ottawa, Ontario K1K 1C6
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Get more details

$749,900.00

  • 4 bedrooms
  • 3 bathrooms

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 ... read more

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:25417)

Price reduced $75,000 (9.09%) from the list price.

  • Listing ID: X13246548
  • Property Type: Single Family
Property
Ownership: Freehold
Lot Size: 60 by 112 FT|under 1/2 Acre
Parking: Detached Garage
10 Spaces
Building
Type: Single Family House
HVAC: Central Air Conditioning, Fireplace and Forced Air
Natural Gas
Exterior: Stone and Vinyl Siding
Basement: Full (Finished)
Utilities: Cable, Electricity, Sewer and Sanitary Sewer
Location
City: Ottawa
Province: Ontario
Nearby Amenities: Hospital, Park and Public Transit
Community Features: Community Centre and School Bus

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538 MUTUAL STREET, Ottawa, Ontario K1K 1C6
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This property, located on Mutual Street in Ottawa Ontario, was published on June 5th, 2026. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Ottawa convenient.

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