$726,168 |
Castle Heights
Ottawa
House for Sale at 506 Vernon Avenue Ottawa
Explore 506 Vernon Avenue, a Desirable Castle Heights
home for sale for $726,168!
This Castle Heights Bungalow
House for sale in Ottawa has been listed
on Real-Estate.ca for 18
days under MLS® #X12425217.
This home is a 1,100 square foot Bungalow Single Family
House with 4
bedrooms and 4.00 bathrooms.
Parking is Detached Garage, Garage and it has a Full (Finished) basement. Explore the Ottawa real estate market and available
Castle Heights homes for sale!
Welcome to 506 Vernon Avenue, a rare multi-unit opportunity in Ottawa's Castle Heights / Overbrook. This detached bungalow, built in 1960 on a 51 x 111.2 lot, combines versatility, strong rental income, and long-term investment potential. The property generates approximately $35,076 annually, offering an ideal scenario for investors or buyers looking to live in one unit while renting out the others. The main level features a bright two-bedroom unit with open living and dining space, a cozy fireplace, a full kitchen, and a three-piece bath. The finished lower level includes a one-bedroom unit plus two studio apartments, each with its own kitchen and bath, providing privacy and comfort for long-term tenants. Altogether, the property includes four kitchens, three bathrooms, and over 2,300 square feet of finished living space, allowing flexible living or income configurations. Additional highlights include five parking spaces, gas forced-air heating, central air conditioning, and included appliances: stove, refrigerator, microwave, dishwasher, washer, and dryer. The exterior features durable brick and vinyl siding, while R4UA zoning enhances multi-unit possibilities. Conveniently located just minutes from downtown Ottawa, this property is close to St. Laurent Shopping Centre, local cafes, schools, parks, and the Rideau River pathways. Transit options and Highway 417 provide easy city-wide access. With established rental income, multi-unit zoning, and a prime location, 506 Vernon Avenue is more than a homeits a smart investment. Don't miss this unique opportunity to live, earn, and grow your portfolio. Book your private showing today! (id:6289)
