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538 Mutual Street Ottawa, Ontario K1K 1C6

4 Bedroom 3 Bathroom 2500 - 3000 sqft
Fireplace Central Air Conditioning Forced Air

$824,900

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. (id:59524)

Property Details

MLS® Number X13246548
Property Type Single Family
Community Name 3503 - Castle Heights
AmenitiesNearBy Hospital, Park, Public Transit
CommunityFeatures Community Centre, School Bus
ParkingSpaceTotal 10
Structure Workshop

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsBelowGround 1
BedroomsTotal 4
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Stone, Vinyl Siding
FireplacePresent Yes
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2500 - 3000 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Hospital, Park, Public Transit
Sewer Sanitary Sewer
SizeDepth 112 Ft
SizeFrontage 60 Ft
SizeIrregular 60 X 112 Ft
SizeTotalText 60 X 112 Ft|under 1/2 Acre
ZoningDescription Residential

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/29858979/538-mutual-street-ottawa-3503-castle-heights

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