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$1,499,000

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294 Donald Street

Overbrook/Castle Heights, Ottawa, Ontario K1K1M7

For sale· Added

8 bed4 bath2,500–3,000 sqft

About this home

Rare CM1 Corridor Opportunity in Overbrook - a property with options today and possibilities for tomorrow. Situated on a 61' 117' lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package.Designed for buyers looking beyond a traditional investment property, CM1 zoning permits a wide range of residential and commercial uses. Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals).The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant - providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition.Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on Donald Street, transit access, and proximity to downtown Ottawa, St. Laurent Centre, Vanier Parkway, shopping, services, parks, and employment hubs.Whether you are an entrepreneur, investor, or developer - renovate, reposition, or reimagine. A rare opportunity to secure a CM1 corridor property where your vision determines the future.

Location

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Property details

Listing

MLS® number
X13481958
Added
Jun 23, 2026 ()
Updated
Jun 23, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Fourplex
Storeys
3

Inside

Bedrooms
8
Bathrooms
4
Heating
Radiant heat, Natural gas, Other
Cooling
None
Fireplace
No

Building

Basement
Other, See Remarks
Exterior
Brick
Foundation
Block
Parking
No Garage · 8 spaces

Land

Lot size
61 x 116.8 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Donald at Vanier Parkway
Directions
From Vanier Parkway turn right/left on Donald Street, home is on the right.

Running costs

Annual property tax (2025)
$7,267

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$1,499,000
294 Donald Street
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