Address
294 Donald Street, Ottawa, ON
Price
$ 1,499,000
Property Attributes
- ID#X13481958
- TypeMulti-Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Area3502 - Overbrook/Castle Heights
- Neighbourhood3502 - Overbrook/Castle Heights
- Postal CodeK1K 1M7
- Style
- Price$ 1,499,000
- Bedrooms8
- Bathrooms4
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| CommunityName | 3502 - Overbrook/Castle Heights |
| Building Cooling Type | None |
| Location Description | Cross Streets: Donald at Vanier Parkway. ** Directions: From Vanier Parkway turn right/left on Donald Street, home is on the right. |
| Parking Space Total | 8 |
| Foundation Type | Block |
| Building Type | Fourplex |
| Building.StoriesTotal | 3 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Other, Radiant heat |
| Building Heating Fuel | Natural gas |
| Basement Development | Other, See Remarks |
| Basement Type | N/A (Other, See Remarks) |
| Living Area Range | 2500 |
| Bedrooms | 8 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Brick |
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 Multi-Family Average in K1K 1M7
Price
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