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$1,499,000

294 Donald Street

Overbrook - Castleheights And Area, Canada
8 beds 4 baths Owner

About this home

Rare CM1 Corridor Opportunity in Overbrook - a property with options today and possibilities for tomorrow. Situated on a 61' 117' lot, this unique offering combines land, flexible zoning, and an existing income-producing building in one package.Designed for buyers looking beyond a traditional investment property, CM1 zoning permits a wide range of residential and commercial uses. Explore possibilities such as operating your own business while generating rental income, creating a live/work or mixed-use concept, optimizing the current residential layout, or planning for future opportunities (subject to buyer due diligence and approvals).The existing detached four-unit building features two spacious 3-bedroom units and two 1-bedroom units, offering immediate utility while you determine your long-term vision. Unlike many properties, the owner occupies one unit and has intentionally kept the remaining units vacant - providing rare flexibility to renovate, establish market rents, select tenants, redesign, or reposition.Additional highlights include five separate hydro meters, parking for multiple vehicles, excellent exposure on Donald Street, transit access, and proximity to downtown Ottawa, St. Laurent Centre, Vanier Parkway, shopping, services, parks, and employment hubs.Whether you are an entrepreneur, investor, or developer - renovate, reposition, or reimagine. A rare opportunity to secure a CM1 corridor property where your vision determines the future.

Property facts

Property type
Owner
Bedrooms
8
Bathrooms
4
Days on market
12 days

Features & amenities

Features & finishes
four-unit building
detached
two 3-bedroom units
two 1-bedroom units
multiple hydro meters
parking for multiple vehicles
live/work flexibility
CM1 zoning
potential for residential/commercial uses

Location

Map unavailable
Approximate location · exact address shared on inquiry
$1,499,000
8 bd · 4 ba
Contact agent
Listed by agent
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