Unique Development Opportunity in Castle Heights!

More Photos More Photos

Large 60 x 111 lot with immense building in rear.

Zoning allows for 3 Row Units, each with 2 ADU's.

This rear building is MUCH larger than appears

3 Row Units w/ In-law suites + 3 Coach Houses

‹ › ×

For Sale - 538 Mutual Street, Overbrook - Castleheights and Area, Ontario

538 Mutual Street

Overbrook - Castleheights and Area , Ontario

4 3 $749,900

Est payment $3,601/mo

Get pre-qualified

Time on Jump 140 day

AI Summary *

Prime development site in Castle Heights on a spacious lot.
Currently generating income with a tenanted triplex for cash flow.
Large rear building with high ceilings opens up redevelopment options.
Zoned N4B, supporting various residential development ideas.
Located in a neighborhood with active reinvestment and growth potential.

Mortgage Calculator

Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 37,495 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX13246548

Address538 Mutual Street

CityOverbrook - Castleheights and Area, Onta…

Price$749,900

Bed / Bath4 / 3 Full

Style3-Storey, Detached

ConstructionStone, Vinyl Siding

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features OtherAmenities Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School Bus RouteOwnership FreeholdBasement Finished, FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 10.00

Listing Brokerage: RE/MAX DELTA REALTY TEAM

Request a Tour
Request Info

ASAP

Sun

Oct

Mon

Oct

Tue

Oct

Wed

Oct

Thu

Oct

Fri

Oct

Sat

Oct

Sun

Nov

Mon

Nov

Tue

Nov

Wed

Nov

Thu

Nov

Fri

Nov

Sat

Nov

Sun

Nov

Mon

Nov

Tue

Nov

Wed

Nov

Thu

Nov

Fri

Nov

Sat

Nov

Sun

Nov

Mon

Nov

Tue

Nov

Wed

Nov

Thu

Nov

Fri

Nov

Sat

Nov

Sun

Nov

In-Person Video Chat

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Brokerage: RE/MAX DELTA REALTY TEAM

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital

Parks

Schools

Place of Worship

Please select an amenity above to view a list.

For Sale - 538 Mutual Street, Overbrook - Castleheights and Area, Ontario

AI Summary *

Mortgage Calculator

Property Info

Extras

Market Info

View Amenities List

Recommended Properties