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New1 / 39
$699,900
492 Vernon Avenue • Ottawa, ONNew
Courtesy of RE/MAX HALLMARK REALTY GROUP
3+2
Bedrooms
1
Bathroom
1100-1500
Square feet
4
Parking

About this home

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.

Property details

Property type
Detached
Style
Bungalow
Total rooms
6
Lot size
39.51 × 105.19 ft
Property taxes
$4,881.45 (2025)
Occupancy
TBD
Days on market
2
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Jul 22, 2026, 3:22 p.m. EDT via TRREB IDX.

First listed: Jul 22, 2026, 3:22 p.m. EDT.