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Overbrook/Castle Heights · K1K 1P7
$849,900
MLS® #X12930446
All photos · 25
3
Bedrooms
2
Bathrooms
700-1100
Square Feet
About this property
DEVELOPMENT OPPORTUNITY on a premium 50 x 116 ft lot located on a quiet street in the desirable Overbrook neighbourhood. This is a rare chance to acquire a well-proportioned property in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom bungalow with a finished basement is being sold primarily for land value, offering excellent potential for redevelopment or a custom build (buyer to conduct their own due diligence). Potential future build options may include a 4-plex, 6-plex semi-detached, or higher-density development such as a 10- or 12-plex, subject to approvals. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring site plan approval. Ideally situated with quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 further enhances the appeal of this centrally located property. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. 24 hours' notice required for all showings.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Exterior features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main | 0' × 0' |
| Living Room | Main | 0' × 0' |
| Dining Room | Main | 0' × 0' |
| Kitchen | Main | 0' × 0' |
| Primary Bedroom | Main | 0' × 0' |
| Bedroom 2 | Main | 0' × 0' |
| Bathroom | Main | 0' × 0' |
| Recreation | Lower | 0' × 0' |
| Bedroom 3 | Lower | 0' × 0' |
| Bathroom | Lower | 0' × 0' |
Mortgage estimate
Estimated monthly payment
$3,589
Down payment: $169,980 · Loan: $679,920
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: RE/MAX HALLMARK REALTY GROUP. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Aug 14, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.