$824,900
FOR SALE

Detached 3-Storey

Bedrooms: 4Bathrooms: 3Lot: 60 x 112 ft
2026 Taxes: $5,546.39

538 Mutual St
Overbrook - Castleheights And Area, ON K1K 1C6 | 3503 - Castle Heights | Ottawa

Exceptional development opportunity in the heart of Castle Heights. This 60' x 111' lot offers rare zoning potential for a 9-unit project consisting of three row units, each with a secondary dwelling unit, plus three coach houses. What truly sets this property apart is the substantial existing rear structure-a solid concrete block building with high ceilings that presents an ideal opportunity for conversion into the proposed coach houses, significantly reducing redevelopment costs and complexity. The existing triplex is currently tenanted, providing holding income while plans and approvals are pursued. Located in one of Ottawa's evolving urban neighbourhoods, Castle Heights is experiencing ongoing revitalization with numerous new multi-unit developments and infill projects transforming the area. An outstanding opportunity for developers, builders, and investors seeking a project where much of the foundation for future value is already in place. Two AI photos added for illustration.
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Listed By RE/MAX DELTA REALTY TEAM
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13246548
Last Updated Jun 05, 2026
Property Summary
Property Type Detached

More like this:
PIN 042440132
Legal Description PLAN 300 LOT 115 PT LOT 114 RP 5R9348 PART 3
Possession Date Flexible
Taxes (2026) $5,546.39
Directions/Cross Streets Mutual St & May St
Neighbourhood 3503 - Castle Heights
Area Ottawa
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 4
Bathrooms 3
Lot 60 x 112 ft
Exterior Stone
Air Conditioning Central Air
Family Room Y
Fireplace/Stove Y
Basement Finished, Full
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 8
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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