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Renanza Realty
For sale

492 VERNON AVENUE

Ottawa, Ontario

MLS® X13812108

$625,000

Status
Active
Property type
House
MLS® number
X13812108
Bedrooms
5
Bathrooms
1
Year built
—

Listing description

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. 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. 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.

Property summary

MLS® number
X13812108
Property type
Single Family
Building type
House
Title
Freehold
Land size
39.5 x 105.2 FT
Annual property taxes
$4,881.45
Parking
4 spaces · Garage, Carport
Days on market
44 days

Features & details

Heating
Natural gas, Other
Cooling
None
Basement
Unfinished, Full, N/A
Exterior features
Brick, Stone
Architectural style
Bungalow

What would this home cost you?

Based on the $625,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,908 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX HALLMARK REALTY GROUP, 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.