538 Mutual StreetOverbrook - Castleheights and Area, Ottawa, ON, K1K 1C6
538 Mutual StreetOverbrook - Castleheights and Area, Ottawa, ON, K1K 1C6
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Buy/sell history for 538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6
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Current valuation for 538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6. Listed for $749,900 on 2026-11-14
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Description
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.
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$749,900
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