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$749,900

538 Mutual St

Overbrook - Castleheights and Area, ON K1K 1C6

538 Mutual St, Overbrook - Castleheights and Area — Listed at $749,900. 4 bedroom, 3 bathroom 3-Storey Detached. MLS® X13246548.

Possession · seller's timeline

Flexible

4Beds

3Baths

2500-3000sqft

Detached

3-Storey

10Parking

$5,546.39Taxes/yr · 2026

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Description

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.

Property Details

Property TypeDetached

Style3-Storey

Community3503 - Castle Heights

Rooms8+1

Kitchens1

Washrooms3

Square Feet2500-3000 sqft

Lot Dimensions60 × 112 ft

Fronting OnNorth

Dir/Cross StMutual St & May St

Garage TypeDetached

DrivePrivate

Parking Drive Spaces10

Total Parking Spaces10

ExteriorStone, Vinyl Siding

RoofShingles

FoundationConcrete

BasementFinished, Full

Fireplace FeaturesYes

Heating TypeForced Air

Heating SourceGas

A/CCentral Air

SewersSewer

Taxes (2026)$5,546.39

HSTNot Subject to HST

Other StructuresWorkshop

Listed Date6/5/2026

Days on Market131 days

PossessionFlexible

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Listing Courtesy of: RE/MAX DELTA REALTY TEAM

MLS® #X13246548

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.