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4 Beds
3 Baths

C$749,900

538 MUTUAL STREET, Ottawa Ontario, K1K1C6

Property typeResidential
Courtesy of Marc Evans with RE/MAX DELTA REALTY TEAM

Overview

Active

Listed Jun 4, 2026

Updated Jul 23

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. (id:41202)

Additional information

MLS® ID
X13246548

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Garage
Yes

Courtesy of Marc Evans with RE/MAX DELTA REALTY TEAM

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