538 MUTUAL STREET, Ottawa
- Triplex
- Spacious 4-bedroom layout
- 10-car parking
- Ottawa location
Ask Peter Sagos about this property
About This Property
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:66401)
Property Details
Building & Features
Building
- Building type
- House
- Storeys
- 3
- Exterior
- Stone, Vinyl siding
- Foundation
- Concrete
Interior
- Basement
- Finished, Full
- Bedrooms above grade
- 3
- Bedrooms below grade
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- Yes
Parking
- Garage and parking
- Detached Garage, Garage
Lot and land
- Lot dimensions
- 60 x 112 FT
- Frontage
- 60 ft
- Zoning
- Residential
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Ownership and fees
- Ownership
- Freehold
Location
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