$ 1,499,000
294 Donald Street
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294 Donald Street, Ottawa

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. (id:1945)
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Property details for 294 Donald Street, Ottawa

Type
Multi-family
Bedrooms
8
Bathrooms
4
Lot Size
61 x 116.8 FT
Stories
3
Basement
Other, See Remarks, N/A
Parking
No Garage
Heating
Radiant heat, Natural gas, Other
Cooling
None
Exterior
Brick
Annual Taxes
$7,267 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 294 Donald Street

Active Listings
3
Min Price
$1,095,000
Max Price
$2,195,000
Avg Price
$1,596,333
Days on Market
103
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Ottawa, Ontario

Population
588
Median Age
50.2
Median Income
$12,755
Dwelling Value
$330,322

Housing Tenure

Owners 12%
Renters 88%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.3
Pop. Density: 3,858.3/km²
Avg Shelter Cost: $1,311/mo
Owners with Mortgage: 54.5%
Owners Spending 30%+: 27.3%
Tenants Spending 30%+: 29.6%
English only: 56.4%
French only: 6%
English and French: 35.9%
Neither: 1.7%
Median Household Income: $12,528
Median Employment Income: $19,904

Price History

Listed
June 24, 2026
by DETAILS REALTY INC.
Current Price
$1,499,000
Type
Multi-family
For Sale
294 Donald Street

Contact Agent Get in touch about 294 Donald Street, Ottawa

Michel Brissette
Michel Brissette
DETAILS REALTY INC.

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