538 MUTUAL STREET, Ottawa, Ontario
$824,900
- 4 Beds
- 3 Baths
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:25961)
- Listing ID: X13246548
- Property Type: Single Family
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Listing provided by RE/MAX DELTA REALTY TEAM
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 538 MUTUAL STREET in Ottawa Ontario. It was last modified on June 5th, 2026. Contact Caroline Johnson to schedule a viewing or to discover other Ottawa homes for sale.











































