<-- style PDP --> 492 Vernon Avenue, Ottawa - Detached for sale for $724,900
  • new
  • for sale

492 Vernon Avenue

Ottawa, Ontario, K1K 1A6 - Castle Heights

$724,900

  • Neighbourhood

    Castle Heights

  • Major Intersection

    Cote Street | Vernon Avenue

  • Listed Since: 9 day(s)

  • Last update: 7 day(s) ago

Overview

  • Property Type

    Detached, 2-Storey

  • Bedrooms

    3 + 2

  • Bathrooms

    1

  • Basement

    Full + Unfinished

  • Kitchen

    1

  • Total Parking

    4

  • Lot Size

    39.51x105.19 (Feet)

  • Taxes

    $4,881.45 (2025)

  • Type

    Freehold

Property Description

Property description for 492 Vernon Avenue, Ottawa

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

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    Carport

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Baseboard

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X13508694

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    Carport

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Baseboard

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month

Principal Amount

Interest

Total Payable

Amortization

Amortization

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Down Payment(%)*
Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

Recent Sold Listings in Castle Heights, Ottawa

Popular Cities