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Detached for sale at 492 Vernon Avenue, Overbrook - Castleheights and Area - 5 bedroom, 1 bathroom - Photo 1 of 36
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$650,000

492 Vernon Ave

Overbrook - Castleheights and Area, ON K1K 1A6

492 Vernon Ave, Overbrook - Castleheights and Area — Listed at $650,000. 5 bedroom, 1 bathroom Bungalow Detached. MLS® X13812108.

Possession · seller's timeline

Immediate

5Beds
1Baths
1100-1500sqft
Detached
Bungalow
4Parking
$4,881.45Taxes/yr · 2025

What's this home worth?

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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 (buyer to verify all zoning, permits, and municipal approvals). 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, however 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, hospital and all essential amenities. Property is being sold AS-IS where-is, with no representations or warranties by the Estate.

Property Details

Property TypeDetached
StyleBungalow
Community3503 - Castle Heights
Rooms6
Kitchens1
Washrooms1
Square Feet1100-1500 sqft
Lot Dimensions39.51 × 105.19 ft
Fronting OnNorth
Dir/Cross StCote Street | Vernon Avenue
Garage TypeCarport
Parking Drive Spaces4
Total Parking Spaces4
ExteriorBrick, Stone
RoofAsphalt Shingle
FoundationBlock
BasementFull, Unfinished, Development Potential
Fireplace FeaturesYes
Heating TypeOther
Heating SourceGas
A/CNone
SewersSewer
Taxes (2025)$4,881.45
HSTIncluded In
Listed Date9/22/2026
Days on Market23 days
PossessionImmediate

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Listing Courtesy of: RE/MAX HALLMARK REALTY GROUP

MLS® #X13812108

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 492 Vernon Avenue

This detached (Bungalow) is located in the 3503 - Castle Heights neighbourhood of Overbrook - Castleheights and Area.

The home offers 5+2 bedrooms, 1 bathroom.

Features include a full, unfinished, development potential basement, 4 parking spaces, a fireplace.

Additional details: lot dimensions of 39.51 × 105.19 feet.

Listed at $650,000 CAD with annual property taxes of $4,881.45 (2025).