538 MUTUAL STREET, Ottawa, Ontario

4 Beds 3 Baths

$824,900

Listing ID: X13246548 Property Type: Single Family

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. (id:25961)

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Details

Amenities Nearby: Hospital, Park, Public Transit
Community Features: Community Centre, School Bus
Ownership: Freehold
Parking Spaces: 10
Structure: Workshop
Transaction: For sale
Zoning Description: Residential

Building

BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 3
Bedrooms Lower Level: 1
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Stone, Vinyl siding
Fireplace Present: True
Foundation: Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2500 - 3000 sqft
Stories Total: 3
Type: House
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Public Transit
Sewer: Sanitary sewer
Size Frontage: 60 ft
Size Irregular: 60 x 112 FT

Listing provided by RE/MAX DELTA REALTY TEAM
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 538 MUTUAL STREET in Ottawa Ontario. It was last modified on June 5th, 2026. Contact Stéphane Chevalier to schedule a viewing or to discover other Ottawa homes for sale.

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