Salehian.com 647-325-5000

538 Mutual Street

3503 - Castle Heights, Overbrook - Castleheights and Area, K1K 1C6

$749,900

Reduced $75,000 from $824,900

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  • 3+1 bedrooms
  • 3 bathrooms
  • 10 parking
  • 2500-3000 sq ft

Listed 137 days ago · MLS® X13246548

About this home

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.

Details

Type
Detached
Style
3-Storey
Size
2500-3000 sq ft
Lot
60 × 112 ft
Basement
Finished, Full
Garage
Detached
Kitchens
1
Property tax
$5,546 (2026)
Neighbourhood
3503 - Castle Heights
Municipality
Overbrook - Castleheights and Area
Price per sq ft
$273 (45% below detached houses in Overbrook - Castleheights and Area, $499)

Interior

Bedrooms
3 above ground + 1 below
Bathrooms
1 × 3-piece (lower), 1 × 3-piece (upper), 1 × 3-piece (main)
Rooms
8 above ground + 1 below
Family room or den
Yes
Fireplace
Yes

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Stone, Vinyl Siding
Roof
Shingles
Foundation
Concrete
Faces
North
Outdoor
Workshop

Parking

Total parking
10
Driveway and parking
Private

Lot

Size
60 × 112 ft
Acreage
< .50

More

Possession
Flexible
Nearby
Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School Bus Route
Cross street
Mutual St & May St

History of this address

5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Living here

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Listed by RE/MAX DELTA REALTY TEAM.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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