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506 Vernon Avenue Ottawa, Ontario K1K 1A6

4 Bedroom 4 Bathroom 1,100 - 1,500 ft2
Bungalow Fireplace Central Air Conditioning Forced Air

$726,168

Welcome to 506 Vernon Avenue, a rare multi-unit opportunity in Ottawa's Castle Heights / Overbrook. This detached bungalow, built in 1960 on a 51 x 111.2 lot, combines versatility, strong rental income, and long-term investment potential. The property generates approximately $35,076 annually, offering an ideal scenario for investors or buyers looking to live in one unit while renting out the others. The main level features a bright two-bedroom unit with open living and dining space, a cozy fireplace, a full kitchen, and a three-piece bath. The finished lower level includes a one-bedroom unit plus two studio apartments, each with its own kitchen and bath, providing privacy and comfort for long-term tenants. Altogether, the property includes four kitchens, three bathrooms, and over 2,300 square feet of finished living space, allowing flexible living or income configurations. Additional highlights include five parking spaces, gas forced-air heating, central air conditioning, and included appliances: stove, refrigerator, microwave, dishwasher, washer, and dryer. The exterior features durable brick and vinyl siding, while R4UA zoning enhances multi-unit possibilities. Conveniently located just minutes from downtown Ottawa, this property is close to St. Laurent Shopping Centre, local cafes, schools, parks, and the Rideau River pathways. Transit options and Highway 417 provide easy city-wide access. With established rental income, multi-unit zoning, and a prime location, 506 Vernon Avenue is more than a homeits a smart investment. Don't miss this unique opportunity to live, earn, and grow your portfolio. Book your private showing today! (id:37351)

Property Details

MLS® Number X12425217
Property Type Single Family
Community Name 3503 - Castle Heights
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 2
BedroomsBelowGround 2
BedroomsTotal 4
Age 51 To 99 Years
Amenities Fireplace(s)
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FireplacePresent Yes
FireplaceTotal 1
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1,100 - 1,500 Ft2
Type House
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 111 Ft ,2 In
SizeFrontage 51 Ft
SizeIrregular 51 X 111.2 Ft ; No
SizeTotalText 51 X 111.2 Ft ; No|under 1/2 Acre
ZoningDescription R4ua

Rooms

Level Type Dimensions
Lower Level Recreational, Games Room 6.46 m x 3.96 m
Lower Level Bathroom 2.53 m x 1.48 m
Lower Level Bathroom 1.56 m x 2.3 m
Lower Level Bathroom Measurements not available
Lower Level Bedroom 3.45 m x 3.94 m
Lower Level Bedroom 2.56 m x 2.92 m
Lower Level Kitchen 3.58 m x 3.78 m
Main Level Living Room 5.13 m x 4.37 m
Main Level Dining Room 2.5 m x 3.86 m
Main Level Kitchen 2.63 m x 3.86 m
Main Level Primary Bedroom 3.82 m x 3.86 m
Main Level Bedroom 2.52 m x 3.94 m
Main Level Bathroom 2.53 m x 1.62 m
Main Level Office 2.8 m x 4.37 m

https://www.realtor.ca/real-estate/28909976/506-vernon-avenue-ottawa-3503-castle-heights

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Contact us for more information


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Ali Abbas
Salesperson

(613) 704-3938
www.aliabbas.ca/

Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4

(866) 530-7737
(647) 849-3180
www.exprealty.ca/

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