For sale 50$1,499,000
294 Donald Street
Overbrook/Castle Heights, Ottawa, Ontario K1K1M7
For sale· Added
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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