492 Vernon Avenue Ottawa, Ontario K1K 1A6
$724,900
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:59524)
Property Details
| MLS® Number | X13508694 |
| Property Type | Single Family |
| Community Name | 3503 - Castle Heights |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 1 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Full, N/a (unfinished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Brick, Stone |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Carport | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 105 Ft ,2 In |
| SizeFrontage | 39 Ft ,6 In |
| SizeIrregular | 39.5 X 105.2 Ft ; Yes |
| SizeTotalText | 39.5 X 105.2 Ft ; Yes |
https://www.realtor.ca/real-estate/29975156/492-vernon-avenue-ottawa-3503-castle-heights
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July 08 2026 04:04:33
RE/MAX Hallmark Realty Group