Ottawa, ON
538 MUTUAL STREET
$749,900
Listed by
RE/MAX DELTA REALTY TEAM
Marc Evans, Broker
Data last updated Oct 21, 2026, 11:20 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $749,900
- Type
- Detached
- Bedrooms
- 4
- Bathrooms
- 3
- MLS®
- X13246548
- Status
- active
- Brokerage
- RE/MAX DELTA REALTY TEAM
About this home
Description provided by the listing brokerage
Exceptional development opportunity in the heart of Castle Heights. Situated on a 60' x 111' lot and currently improved with a tenanted triplex providing holding income, this property offers compelling future redevelopment potential. A substantial rear concrete block building with high ceilings-larger than the existing residential structure-creates a rare opportunity for adaptive reuse or future development, subject to buyer due diligence and required approvals. Zoned N4B (buyer to verify), the property may support a variety of residential development concepts under Ottawa's evolving zoning framework. Located in a neighbourhood experiencing significant reinvestment and infill activity, this is an outstanding opportunity for builders, developers, and investors seeking both current income and long-term upside. AI renderings included for illustration purposes only. Buyers are advised to verify zoning, permitted uses, development potential, and all approvals required for their intended use.