Address
492 Vernon Avenue, Overbrook-Castleheightsand Area, ON
Price
$ 650,000
Property Attributes
- ID#X13812108
- TypeSingle Family
- Listing Status New
- CityOverbrook-Castleheightsand Area
- Area3503 - Castle Heights
- Neighbourhood3503 - Castle Heights
- Postal CodeK1K 1A6
- StyleBungalow
- Taxes$ 4881
- Price$ 650,000
- Bedrooms5
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1100-1500
Data Source:
Toronto Real Estate Board (TRREB)
Property 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 (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.
| Price History | |
|---|---|
| 9/22/2026 | Listed $650,000 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Architectural Style | Bungalow |
| Pool Features | None |
| Construction Materials | Brick,Stone |
| Heater Type | Other |
| Parking Spaces | 4 |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 105.19 |
| County | Ottawa |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | North |
| Garage Y/N | Yes |
| Status | New |
| City | Overbrook - Castleheights and Area |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 4881.45 |
| Virtual Tour | https://elephant-shoe-media.aryeo.com/sites/rmojlzqy/unbranded |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Legal Description | PT LT 6 & LT 7,PL 717,AS IN OT81274,S/T THE INTEREST,IF ANY,IN OT35107 ; OTTAWA/GLOUCESTER |
Interior Features
| Interior Amenities | In-Law Capability,Rough-In Bath,Storage |
|---|---|
| Basement | Full,Unfinished,Development Potential |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 5 |
| Elevator? | No |
| Total Baths | 1 |
| Bedrooms | 3+2 |
| Living Area Range | 1100-1500 |
Exterior Features
| Total Parking | 4.0 |
|---|---|
| Garage Type | Carport |
| Foundation Details | Block |
| Spa | No |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in K1K 1A6
Price
In The Neighbourhood
Just Listed
Overbrook-Castleheightsand Area
$ 549,900
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 3 Beds + 3 Baths
Reduced
Overbrook-Castleheightsand Area
$ 729,800
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 4 Beds + 2 Baths
Reduced
Overbrook-Castleheightsand Area
$ 749,900
- Type
- Single Family
- Size
- 2,500 SqFt
- Rooms
- 4 Beds + 3 Baths
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating