$749,900
538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6
Overbrook - Castleheights and Area · 3503 - Castle Heights · K1K 1C6
Key Facts
Tax
$5,546 (2026)
Type
Detached
Parking
Detached, 10 spaces
Basement
Finished, Full
Brokerage
RE/MAX DELTA REALTY TEAM
Description
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.
Property
Inside
Utilities
Building
Parking
Land
Highlights
Financial Details
Listing Information
Toronto Regional Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2026.
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