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.
12 days
|
24
|
1
|
Zillow last checked:
Listing updated:
Listed by:
RE/MAX HALLMARK REALTY GROUP
Source: TRREB,MLS®#: X13508694Originating MLS®#: Ottawa Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 1
Heating
Other, Gas
Cooling
None
Features
Rough-In Bath, In-Law Capability
Basement: Full,Unfinished,Development Potential
Has fireplace: Yes
Interior area
Living area range: 1100-1500 null
Property
Parking
Total spaces: 4
Parking features: Garage, Carport
Has garage: Yes
Has carport: Yes
Features
Stories: 2
Pool features: None
Lot
Size: 4,156 Square Feet
Details
Parcel number: 042440016
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Brick, Stone
Foundation: Block
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Ottawa
Financial & listing details
Annual tax amount: C$4,881
Date on market: 7/1/2026
RE/MAX HALLMARK REALTY GROUP
RE/MAX HALLMARK REALTY GROUP
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.