$ 749,900
538 Mutual Street
538 Mutual Street, Ottawa, ON K1K1C6 Photo 1
42 Photos
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538 Mutual Street, Ottawa

Exceptional development opportunity in the heart of Castle Heights. Situated on a 60' x 111' lot and currently improved with a tenanted triplex providing holding income, this property offers compelling future redevelopment potential. A substantial rear concrete block building with high ceilings-larger than the existing residential structure-creates a rare opportunity for adaptive reuse or future development, subject to buyer due diligence and required approvals. Zoned N4B (buyer to verify), the property may support a variety of residential development concepts under Ottawa's evolving zoning framework. Located in a neighbourhood experiencing significant reinvestment and infill activity, this is an outstanding opportunity for builders, developers, and investors seeking both current income and long-term upside. AI renderings included for illustration purposes only. Buyers are advised to verify zoning, permitted uses, development potential, and all approvals required for their intended use. (id:1945)
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Property details for 538 Mutual Street, Ottawa

Type
Residential
Bedrooms
4
Bathrooms
3
Lot Size
60 x 112 FT
Stories
3
Basement
Finished, Full
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Stone, Vinyl siding
Ownership
Freehold
Annual Taxes
$5,546

Nearby Listings Stat

Estimated price and comparable properties near 538 Mutual Street

Active Listings
21
Min Price
$429,900
Max Price
$1,679,000
Avg Price
$826,629
Days on Market
84
days
Sold Listings
7
Min Sold Price
$449,900
Max Sold Price
$979,000
Avg Sold Price
$685,514
Days until Sold
46
days

Price History

Listed
June 5, 2026
by RE/MAX DELTA REALTY TEAM
Current Price
$749,900
-9.1% from last change
Type
Residential
For Sale
Price Changes
2
Date Price Change
Current $749,900 $75,000 (-9.1%)
Jul 4, 2026 $824,900 $25,100 (-3%)
Jun 5, 2026 $850,000 Listed

Contact Agent Get in touch about 538 Mutual Street, Ottawa

Marc Evans
Marc Evans
RE/MAX DELTA REALTY TEAM

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