About This Property
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 Overview
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Listing ID
X13812108
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Type
Detached
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Bedrooms
5
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Bathrooms
1
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Size
1100-1500 sqft
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Transaction
For Sale
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Kitchens
1
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Parking
4 spots
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Garage
Carport
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Heat
Other / Gas
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Annual Tax
$4,881 (2025)
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Lot
39.51 × 105.19 Feet
Features & Amenities
- None
- Full
- Unfinished
- Development Potential
- In-Law Capability
- Rough-In Bath
- Storage
- Fireplace
From Our Gallery (36 photos)
Location
Address:
492 Vernon Avenue, Overbrook - Castleheights and Area, ON K1K 1A6
City:
Overbrook - Castleheights and Area, ON
Postal Code:
K1K 1A6
