538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6
Overbrook - Castleheights and Area
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13246548
Listed by RE/MAX DELTA REALTY TEAM
On market since Jun 5, 2026
538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6 is listed for $749,900 CAD.
538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6 has 4 bedrooms and 3 bathrooms.
538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6 is a Detached.
538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6 is in Overbrook - Castleheights and Area, Ontario.
538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 538 Mutual Street, Overbrook - Castleheights and Area, ON K1K 1C6 (MLS# X13246548). You can also send a message through the contact form on this site.
