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8321 KENNEDY RD, MARKHAM, Ontario,

L3R 5N4

492 Vernon Avenue, Overbrook - Castleheights and Area, ON K1K 1A6

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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

  • Listing ID

    X13812108

  • Type

    Detached

  • Bedrooms

    5

  • Bathrooms

    1

  • Size

    1100-1500 sqft

  • Transaction

    For Sale

  • Kitchens

    1

  • Parking

    4 spots

  • Garage

    Carport

  • Heat

    Other / Gas

  • Annual Tax

    $4,881 (2025)

  • 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