538 Mutual Street, Ottawa, Ontario K1K 1C6 (29858979)

538 Mutual Street Ottawa, Ontario K1K 1C6

4 Bedroom 3 Bathroom 2,500 - 3,000 sqft
Fireplace Central Air Conditioning Forced Air

$824,900

Exceptional development opportunity in the heart of Castle Heights. This 60' x 111' lot offers rare zoning potential for a 9-unit project consisting of three row units, each with a secondary dwelling unit, plus three coach houses. What truly sets this property apart is the substantial existing rear structure-a solid concrete block building with high ceilings that presents an ideal opportunity for conversion into the proposed coach houses, significantly reducing redevelopment costs and complexity. The existing triplex is currently tenanted, providing holding income while plans and approvals are pursued. Located in one of Ottawa's evolving urban neighbourhoods, Castle Heights is experiencing ongoing revitalization with numerous new multi-unit developments and infill projects transforming the area. An outstanding opportunity for developers, builders, and investors seeking a project where much of the foundation for future value is already in place. Two AI photos added for illustration. (id:63879)

Property Details

MLS® Number X13246548
Property Type Single Family
Community Name 3503 - Castle Heights
Amenities Near By Hospital, Park, Public Transit
Community Features Community Centre, School Bus
Parking Space Total 10
Structure Workshop

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Stone, Vinyl Siding
Fireplace Present Yes
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2,500 - 3,000 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Park, Public Transit
Sewer Sanitary Sewer
Size Depth 112 Ft
Size Frontage 60 Ft
Size Irregular 60 X 112 Ft
Size Total Text 60 X 112 Ft|under 1/2 Acre
Zoning Description Residential

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/29858979/538-mutual-street-ottawa-3503-castle-heights

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found