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$726,168
Ontario,Ottawa
For Sale Active
506 VERNON AVENUE, Ottawa, Ontario K1K1A6
  • 4
  • 4
  • 1,500 Sqft
Basic Details
Description

Welcome to 506 Vernon Avenue, a rare multi-unit opportunity in Ottawa’s Castle Heights / Overbrook. This detached bungalow, built in 1960 on a 51 x 111.2 lot, combines versatility, strong rental income, and long-term investment potential. The property generates approximately $35,076 annually, offering an ideal scenario for investors or buyers looking to live in one unit while renting out the

others. The main level features a bright two-bedroom unit with open living and dining space, a cozy fireplace, a full kitchen, and a three-piece bath. The finished lower level includes a one-bedroom unit plus two studio apartments, each with its own kitchen and bath, providing privacy and comfort for long-term tenants. Altogether, the property includes four kitchens, three bathrooms, and over 2,300 square feet of finished living space, allowing flexible living or income configurations. Additional highlights include five parking spaces, gas forced-air heating, central air conditioning, and included appliances: stove, refrigerator, microwave, dishwasher, washer, and dryer. The exterior features durable brick and vinyl siding, while R4UA zoning enhances multi-unit possibilities. Conveniently located just minutes from downtown Ottawa, this property is close to St. Laurent Shopping Centre, local cafes, schools, parks, and the Rideau River pathways. Transit options and Highway 417 provide easy city-wide access. With established rental income, multi-unit zoning, and a prime location, 506 Vernon Avenue is more than a homeits a smart investment. Don’t miss this unique opportunity to live, earn, and grow your portfolio. Book your private showing today! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12425217
  • Price: $726,168
  • Bedrooms: 4
  • Bathrooms: 4
  • Square Footage: 1,500 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 280312
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Parking: Detached Garage, Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick, Vinyl siding
  • Sewer: Sanitary sewer
  • Fireplaces Total: 1
Address Map
  • Location: CA, Ontario, Ottawa, K1K1A6
  • Street: Vernon
  • Street Number: 506
  • Street Suffix: Avenue
  • Longitude: W76° 21' 11.1''
  • Latitude: N45° 26' 3.7''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 51 x 111.2 FT ; No
  • Stories: 1.0
Financial
  • Tax Annual Amount: 4992
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Listing updated: 2025-09-28 12:46:03
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Listing Information
  • List Agent Key: 1920852
  • List Office Key: 280312
  • Modification Timestamp: 2025-09-27T15:35:54Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-09-27T15:24:56Z
Powered by REALTOR.ca
Listing updated: 2025-09-28 12:46:03

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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