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Laura Stevens

laura.stevens@engelvoelkers.com +1(705) 765-1474

$ 726,168

Est. payment -/mo

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Active

506 Vernon AVE Overbrook - Castleheights And Area, ON K1K 1A6

4 Beds

4 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 3503 - Castle Heights

MLS Listing ID X12425217

Style Bungalow

Bedrooms 4

Annual Tax Amount $4,992

Tax Year 2025

Property Sub-Type Detached

Property Description

Welcome to 506 Vernon Avenue, a rare multi-unit opportunity in Ottawa's Castle Heights / Overbrook. This detached bungalow, built in 1960 on a 51 x 111.2 lot, combines versatility, strong rental income, and long-term investment potential. The property generates approximately $35,076 annually, offering an ideal scenario for investors or buyers looking to live in one unit while renting out the others. The main level features a bright two-bedroom unit with open living and dining space, a cozy fireplace, a full kitchen, and a three-piece bath. The finished lower level includes a one-bedroom unit plus two studio apartments, each with its own kitchen and bath, providing privacy and comfort for long-term tenants. Altogether, the property includes four kitchens, three bathrooms, and over 2,300 square feet of finished living space, allowing flexible living or income configurations. Additional highlights include five parking spaces, gas forced-air heating, central air conditioning, and included appliances: stove, refrigerator, microwave, dishwasher, washer, and dryer. The exterior features durable brick and vinyl siding, while R4UA zoning enhances multi-unit possibilities. Conveniently located just minutes from downtown Ottawa, this property is close to St. Laurent Shopping Centre, local cafes, schools, parks, and the Rideau River pathways. Transit options and Highway 417 provide easy city-wide access. With established rental income, multi-unit zoning, and a prime location, 506 Vernon Avenue is more than a homeits a smart investment. Don't miss this unique opportunity to live, earn, and grow your portfolio. Book your private showing today!

Location

Province ON

County Ottawa

Community 3503 - Castle Heights

Area Ottawa

Zoning R4UA

Rooms

Basement Finished, Full

Kitchen 4

Interior

Interior Features Primary Bedroom - Main Floor

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room

Inclusions Stove, Microwave, Dryer, Washer, Refrigerator, Dishwasher

Exterior

Parking Features Detached

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Block

Others

ParcelsYN No

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Lited by EXP REALTY

Laura Stevens

Broker | License ID: 4787845

+1(705) 765-1474

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