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CAONOverbrook - Castleheights and Area506 N Vernon Avenue N
506 N Vernon Avenue N, Home with 4 bedrooms, 4 bathrooms and 4 parking in Overbrook - Castleheights and Area ON | Image 1
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$726,168

506 N Vernon Avenue N, Overbrook - Castleheights and Area, ON

Real Estate

For Sale

$--,---,---
444
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size -
Garage Yes
Taxes $4,992
Days Active 5
Lot Size 
Approx. Age 
MLS® Number X12425221

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare Income-Producing Duplex with 4 Units. Prime Overbrook Investment! Welcome to 506 Vernon Avenue in Ottawa's desirable Overbrook/Castle Heights community, where opportunity meets versatility. This property is a legal duplex with two additional non-conforming studio units, giving you a total of four rental units generating $35, 076 annually. A rare chance to live comfortably while your investment pays off. The upper unit offers two bedrooms, a bright living and dining area, a 3-piece bath, and a cozy fireplace, while the lower level features a spacious one-bedroom suite. Two long-term studio tenants provide reliable passive income. With a finished basement, over 2, 300 sq. Ft. Of living space, and a lot measuring 51' 111.2' (5, 866 sq. Ft.), there's room to grow and potential to further optimize. Additional highlights include a brick and vinyl exterior, parking for 5 vehicles, and inclusions such as a stove, fridge, dishwasher, microwave, washer, and dryer. Set in a mature neighbourhood with schools, parks, and shopping nearby, this property also offers easy access to Highway 417, OC Transpo, St. Laurent Shopping Centre, and downtown Ottawa. With R4UA zoning, the property not only delivers current cash flow but also holds exciting future development potential. Whether you're an owner-occupant or investor, this is a rare chance to secure a centrally located, income-producing property in one of Ottawa's most accessible inner-city neighbourhoods. Don't miss out! Contact us today to book your private showing and request the rent roll, expenses, and tenant profiles.Show Description
MLS® NumberX12425221
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Full
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Forced Air
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Living Room:Main14.34 × 16.84 ft

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