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For Sale - 492 Vernon Avenue, Overbrook - Castleheights and Area, Ontario

492 Vernon Avenue

Overbrook - Castleheights and Area , Ontario

5 1 $650,000

Est payment $3,121/mo

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Time on Jump 1 days

AI Summary *

Great investment opportunity in a quiet residential area.
Generous lot with potential for a triplex conversion.
Existing layout includes 3 bedrooms and 2 one-bedroom apartments.
Close to downtown Ottawa, schools, and essential amenities.
Property sold AS-IS with no warranties from the Estate.

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Purchase Price

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Down Payment:
$ 32,500 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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, 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.

Listing IDX13812108

Address492 Vernon Avenue

CityOverbrook - Castleheights and Area, Onta…

Price$650,000

Bed / Bath5 / 1 Full

StyleBungalow, Detached

ConstructionBrick, Stone

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features In-Law Capability, Rough-In Bath, StorageOwnership FreeholdBasement Full, Unfinished, Development PotentialFoundation BlockHeating / Cooling OtherHeating Fuel GasSewer Sewer

Market Info

Parking 4.00

Listing Agency:
RE/MAX HALLMARK REALTY GROUP

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Listing Agency:
RE/MAX HALLMARK REALTY GROUP

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For Sale - 492 Vernon Avenue, Overbrook - Castleheights and Area, Ontario

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