294 DONALD STREET
Ottawa, Ontario
MLS® X13481958
$1,499,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13481958
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 51Listing description
Rare CM1 Corridor Opportunity in Overbrook - a property with options today and possibilities for tomorrow. Situated on a 61' 117' lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package. Designed for buyers looking beyond a traditional investment property, CM1 zoning permits a wide range of residential and commercial uses.
Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals). The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant - providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition.
Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on Donald Street, transit access, and proximity to downtown Ottawa, St. Laurent Centre, Vanier Parkway, shopping, services, parks, and employment hubs. Whether you are an entrepreneur, investor, or developer - renovate, reposition, or reimagine.
A rare opportunity to secure a CM1 corridor property where your vision determines the future.
Property summary
- MLS® number
- X13481958
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 61 x 116.8 FT
- Annual property taxes
- $7,267.00
- Parking
- 8 spaces · No Garage
- Days on market
- 70 days
Features & details
- Heating
- Radiant heat, Natural gas, Other
- Cooling
- None
- Basement
- Other, See Remarks, N/A
- Exterior features
- Brick
What would this home cost you?
Based on the $1,499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of DETAILS REALTY INC., OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.