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$824,900
Ontario,Ottawa
For Sale Active
538 MUTUAL STREET, Ottawa, Ontario K1K1C6
  • 4
  • 3
  • 2500 - 3000Square Feet
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Basic Details
Description

Exceptional development opportunity in the heart of Castle Heights. This 60′ x 111′ lot offers rare zoning potential for a 9-unit project consisting of three row units, each with a secondary dwelling unit, plus three coach houses. What truly sets this property apart is the substantial existing rear structure-a solid concrete block building with high ceilings that presents an ideal

opportunity for conversion into the proposed coach houses, significantly reducing redevelopment costs and complexity. The existing triplex is currently tenanted, providing holding income while plans and approvals are pursued. Located in one of Ottawa’s evolving urban neighbourhoods, Castle Heights is experiencing ongoing revitalization with numerous new multi-unit developments and infill projects transforming the area. An outstanding opportunity for developers, builders, and investors seeking a project where much of the foundation for future value is already in place. Two AI photos added for illustration. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13246548
  • Price: $824,900
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 2500 - 3000 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 278552
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Parking: Detached Garage, Garage
  • Exterior Features: Vinyl siding, Stone
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Ottawa, K1K1C6
  • Street: Mutual
  • Street Number: 538
  • Street Suffix: Street
  • Longitude: W76° 21' 20.9''
  • Latitude: N45° 25' 59.1''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Size Dimensions: 60 x 112 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 5546.39
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Listing updated: 2026-06-06 05:26:19
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Listing Information
  • List Agent Key: 1827473
  • List Office Key: 278552
  • Modification Timestamp: 2026-06-05T13:35:28Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-05T13:25:20Z
Powered by REALTOR.ca
Listing updated: 2026-06-06 05:26:19
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