For Sale - 294 Donald Street, Overbrook - Castleheights and Area, Ontario

Est payment $7,198/mo
Views   2
Time on Jump  102 day
  • Unique property with CM1 zoning allowing diverse residential and commercial uses.
  • Existing four-unit building offers immediate income with flexible rental options.
  • Large lot provides space for potential renovations and reimagining the layout.
  • Excellent exposure and access to transit, shopping, and employment hubs nearby.
  • Great investment opportunity for entrepreneurs and developers looking to innovate.



Rare cm1 corridor opportunity in overbrook - a property with options today and possibilities for tomorrow. Situated on a 61' 117' lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package. Designed for buyers looking beyond a traditional investment property, cm1 zoning permits a wide range of residential and commercial uses. Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals). The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant - providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition. Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on donald street, transit access, and proximity to downtown ottawa, st. Laurent centre, vanier parkway, shopping, services, parks, and employment hubs. Whether you are an entrepreneur, investor, or developer - renovate, reposition, or reimagine. A rare opportunity to secure a cm1 corridor property where your vision determines the future.
Listing IDX13481958
Address294 Donald Street
CityOverbrook - Castleheights and Area, Onta…
Price$1,499,000
Bed / Bath8 / 4 Full
Style3-Storey, Fourplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features NoneOwnership FreeholdWaterfront NoneBasement OtherFoundation BlockHeating / Cooling OtherHeating Fuel GasSewer Sewer
Parking 8.00
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294 Donald Street
Overbrook - Castleheights and Area , Ontario
8 4 $1,499,000
Get more info