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 (buyer to verify all zoning, permits, and municipal approvals). 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, however buyer to verify all zoning, permits, and municipal approvals. 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. (id:2493)
Data was last updated July 23, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$537,400
Min list price:
$399,900
Max list price:
$850,000
Avg days on market:
28
Min days on market:
1
Max days on market:
302
These statistics are generated based on the current listing's property type
and located in
3503 - Castle Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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