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492 VERNON AVENUE
3503 - Castle Heights Ottawa K1K 1A6

$650,000
Single Family beds: 5 baths: 1.0

Main Photo: 492 VERNON AVENUE in Ottawa: MLS®# X13812108
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
X13812108
Bedrooms:
5
Bathrooms:
1
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:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
1,100 sq. ft.
Living Area (Max):
1,500 sq. ft.
Taxes:
$4,881.45 / -
Community:
3503 - Castle Heights
Exterior Features:
Brick, Stone
Structure Type:
House
Home Style:
Bungalow
Bedrooms:
5
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
1.0
Cooling:
None
Fireplace:
Yes
Foundation:
Block
Heating:
Natural gas, Other
# Storeys:
1.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Unfinished, Full, N/A
Lot Frontage:
39'7¼"
Lot Details:
39.5 x 105.2 FT
Parking:
Garage, Carport
Total Parking Spaces:
4
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated September 22, 2026 at 07:45 AM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.