Room 1
Level not provided
492 Vernon Ave
Castle Heights, Ottawa, Ontario K1K 1A6
Description
Investor Alert! Welcome to 492 Vernon Avenue on a quiet residential street within walking distance to St. Laurent recreational complex. 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. The upper level has 3 bedrooms and the lower level has 2 one-bedroom apartments ready to renovate with the existing layout. Can also be converted to a family home. Zoning is R3A, R4B. 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, hospital and all essential amenities. Property is being sold AS-IS where-is, with no representations or warranties by the Estate.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13812108
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,881
- Size
- 1100-1500 sqft
- Lot
- 39.51 × 105.19 Feet
- Parking
- Carport, 4 Parking
Listing History
Buy/Sell history for 492 Vernon Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $625,000 | N/A | Pc | X13812108 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Castle Heights
- Municipality
- Ottawa
Inside
- Bedrooms
- 3+2
- Bathrooms
- 1
- Bathroom Detail
- 1, 4pc, Main
- Basement Type
- Full
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Other
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Parking
- Garage Type
- Carport
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 39.51 × 105.19 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 9 on record nearby 8 checked, none on recordRead 2026-11-03
Water and conservation
- Not in Rideau Valley Conservation Authority’s mapped regulated area
- Not in the municipality’s mapped flood area
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 4 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (79 records). It changes with the season and from spot to spot.
- Bedrock about 4.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 2.4 km
Province of Ontario open data
Around the home
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 240 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Municipal transit open data · Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is HYDRAULI-CHROME INC, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro Ottawa Limited
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,865
- Down payment$125,000
- Mortgage amount$500,000
- Total interest$359,500
- Total cost$984,500
Cash flow analysis
$2,865
Total monthly payment
$3,272
Break-even down payment
100%
Cash flow-$3,272
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$625,000
$625,000
CAD
Estimated market value
Inquire about this listing
Connect directly with Kassaundra Dobson, Broker of Record.
Similar active listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.