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$ 1,499,000
Est. payment /mo
Active
294 Donald ST Overbrook - Castleheights And Area, ON K1K 1M7
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 3502 - Overbrook/Castle Heights
MLS Listing ID X13481958
Style 3-Storey
Bedrooms 8
Annual Tax Amount $7,267
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Rare CM1 Corridor Opportunity in Overbrook - a property with options today and possibilities for tomorrow. Situated on a 61' 117' lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package.Designed for buyers looking beyond a traditional investment property, CM1 zoning permits a wide range of residential and commercial uses. Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals).The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant - providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition.Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on Donald Street, transit access, and proximity to downtown Ottawa, St. Laurent Centre, Vanier Parkway, shopping, services, parks, and employment hubs.Whether you are an entrepreneur, investor, or developer - renovate, reposition, or reimagine. A rare opportunity to secure a CM1 corridor property where your vision determines the future.
Location
State ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Other
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Waterfront Description None
Roof Type Flat,Asphalt Shingle
Lot Frontage 61.0
Lot Depth 116.75
Total Parking Spaces 8
Building
Foundation Block
Others
ParcelsYN No
Virtual Tour https://u.listvt.com/mls/250649106
Listed by DETAILS REALTY INC.