538 MUTUAL STREET
Ottawa, Ontario
MLS® X13246548
$749,900
- Status
- Active
- Property type
- House
- MLS® number
- X13246548
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- —
Listing 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.
Property summary
- MLS® number
- X13246548
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 60 x 112 FT
- Annual property taxes
- $5,546.39
- Parking
- 10 spaces · Detached Garage, Garage
- Days on market
- 119 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Exterior features
- Stone, Vinyl siding
- Community features
- School Bus, Community Centre
What would this home cost you?
Based on the $749,900 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 RE/MAX DELTA REALTY TEAM, 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.