Address
492 Vernon Avenue, Ottawa, ON
Price
$ 699,900

Your Agent

Fady Assaad

Sales Representative

613-601-1616


Listing provided by Fady Assaad, Sales Representative, REMAX Boardwalk

Property Attributes
  • ID#X13594778
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area3503 - Castle Heights
  • Neighbourhood3503 - Castle Heights
  • Postal CodeK1K 1A6
  • StyleBungalow
  • Price$ 699,900
  • Bedrooms3+2
  • Bathrooms1
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)

General Features

Property Type Single Family
CommunityName 3503 - Castle Heights
Building Architectural Style Bungalow
Building Cooling Type None
Location Description Cote Street | Vernon Avenue
Parking Space Total 4
Foundation Type Block
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Other
Building Heating Fuel Natural gas
Basement Development Unfinished
Basement Type Full, N/A (Unfinished)
Construction Style Attachment Detached
Living Area Range 1100
Bedrooms 3+2

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick, Stone

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K1K 1A6

Price
AVG $700K
$700K

Your Agent

Fady Assaad

Sales Representative

613-601-1616


Listing provided by Fady Assaad, Sales Representative, REMAX Boardwalk

Listed By
RE/MAX HALLMARK REALTY GROUP