Room 1
Level not provided
492 Vernon Ave
Castle Heights, Ottawa, Ontario K1K 1A6
Description
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. 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. 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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13812108
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,881
- Size
- 1100-1500 sqft
- Lot
- 39.51 × 105.19 Feet
- Parking
- Carport, 4 Parking
Listing History
Buy/Sell history for 492 Vernon Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $625,000 | N/A | Pc | X13812108 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Castle Heights
- Municipality
- Ottawa
Inside
- Bedrooms
- 3+2
- Bathrooms
- 1
- Bathroom Detail
- 1, 4pc, Main
- Basement Type
- Full
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Other
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Parking
- Garage Type
- Carport
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 39.51 × 105.19 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,865
- Down payment$125,000
- Mortgage amount$500,000
- Total interest$359,500
- Total cost$984,500
Cash flow analysis
$2,865
Total monthly payment
$3,272
Break-even down payment
100%
Cash flow-$3,272
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$625,000
$625,000
CAD
Estimated market value
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