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Property photo 1

MLS® X13246548. Availability and details are subject to change.

538 Mutual Street

Ottawa, Ontario K1K1C6

Feed checked: Nov 8

$749,900

Property details

Bedrooms
4
Bathrooms
3
Reported area
2,500–3,000 square feet
Property type
Single Family
Parking spaces
10
Lot dimensions / area
60 x 112 FT

Property Overview

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.

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