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492 Vernon Avenue, Ottawa, ON 39 photos

$724,900

Active
492 Vernon Avenue, Ottawa, ON· Castle Heights
3+2
Bedrooms
1
Bathrooms
1100-1500
Sq Ft
$483–$659
Per Sq Ft
4
Carport Parking

About this Property

Investor Alert! Welcome to 492 Vernon Avenue in the heart of Vanier-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). 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, and all essential amenities. Property is being sold as-is, where-is, with no representations or warranties by the Estate.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13508694

Features & Details

Property details of 492 Vernon Avenue, Ottawa, ON

Property TypeDetached
Style2-Storey
Size1100-1500 sq ft
BasementFull, Unfinished, Development Potential
Total Parking4

Mortgage Calculator

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%
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Mortgage Payment$3,561/monthly
Principal54%
Interest46%
Principal Amount$579,920
Interest$488,445
Total Payable$1,068,365
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$3,561
Mortgage + Expenses$3,561
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$
$
$
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Monthly Cash Flow-$3,561

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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