492 Vernon Avenue, Overbrook - Castleheights and Area, ON

$650,000

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3

Beds

1

Bath

1,100

Square feet

About 492 Vernon Avenue

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.

Features of 492 Vernon Avenue

MLS® # X13812108
Price $650,000
Bedrooms 3
Bathrooms 1.00
Square Footage 1100-1500
Type Residential Freehold
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 492 Vernon Avenue
Area Ottawa
Subdivision 3503 - Castle Heights
City Overbrook - Castleheights and Area
Province ON
Postal Code K1K 1A6

Amenities

Parking Spaces 4
Garages Carport
Is Waterfront No
Pool None

Interior

Heating Other
Cooling None
Fireplace Yes
Basement Full, Unfinished, Development Potential

Exterior

Exterior Brick, Stone

Listing Details

OfficeRE/MAX HALLMARK REALTY GROUP