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. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Architectural Style: Bungalow
- Ownership: Freehold
- Parking Spaces: 4
- Transaction: For sale
Building
- Architectural Style: Bungalow
- BasementType: Full, N/A (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 3
- Bedrooms Lower Level: 2
- Construction Style Attachment: Detached
- Cooling: None
- Exterior Finish: Brick, Stone
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 1
- Heating: Other
- Heating Fuel: Natural gas
- Size Interior: 1100 - 1500 sqft
- Stories Total: 1
- Type: House
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 39 ft ,6 in
- Size Irregular: 39.5 x 105.2 FT
Listing provided by RE/MAX HALLMARK REALTY GROUP
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 492 VERNON AVENUE in Ottawa Ontario. It was last modified on July 22nd, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa homes for sale.