Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
1 Bath

C$625,000

492 Vernon Avenue, Overbrook - Castleheights and Area ON, K1K 1A6

Property typeResidential

Overview

Active

Price Change

Listed Sep 22, 2026

Updated 5h ago

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.

Additional information

MLS® ID
X13812108

Interior Features

Bedrooms
5
Bathrooms
1
Fireplace
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,881
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Listed by , RE/MAX HALLMARK REALTY GROUP,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:08 AM UTC, 10/21/2026

 

Powered by Luxury Presence