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$650,000

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492 Vernon Avenue

Castle Heights, Ottawa, Ontario K1K1A6

For sale· Added

3+2 bed1 bath1,100–1,500 sqft

About this home

Investor Alert! Welcome to 492 Vernon Avenue on a quiet residential street within walking distance to St. Laurent recreational complex. An exceptional opportunity for investors, developers, or buyers looking to unlock incredible future potential. This estate sale offers a rare chance to acquire a single-family home situated on a generous lot with the opportunity to renovate the existing layout into two one-bedroom basement apartments, creating a triplex opportunity (buyer to verify all zoning, permits, and municipal approvals). The upper level has 3 bedrooms and the lower level has 2 one-bedroom apartments ready to renovate with the existing layout. Can also be converted to a family home. Zoning is R3A, R4B, however buyer to verify all zoning, permits, and municipal approvals. Whether you're looking to expand your investment portfolio, generate rental income, or maximize the property's potential, this is an opportunity you won't want to miss. Ideally located just minutes from downtown Ottawa and close to schools, parks, public transit, shopping, restaurants, hospital and all essential amenities. Property is being sold AS-IS where-is, with no representations or warranties by the Estate.

Location

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Property details

Listing

MLS® number
X13812108
Added
Sep 21, 2026 ()
Updated
Sep 21, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Style
Bungalow
Storeys
1
Ownership
Freehold

Inside

Bedrooms
3+2
Bathrooms
1
Heating
Natural gas, Other
Cooling
None
Fireplace
Yes

Building

Basement
Unfinished, Full
Exterior
Brick, Stone
Foundation
Block
Parking
Garage, Carport · 4 spaces

Land

Lot size
39.5 x 105.2 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Directions
Cote Street | Vernon Avenue

Running costs

Annual property tax
$4,881

Ask about this home

$650,000
492 Vernon Avenue
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