492 Vernon Ave

About this Property

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.

Listing Details

MLS #

X13812108

Board

PROPTX

Market

ontario

Property Type

Detached

Style

Bungalow

Garage

Carport

Parking Spaces

4

Basement

Full, Unfinished

Heating

Other

Cooling

None

Pool

None

Lot Size

39.51 × 105.19 ft

Annual Taxes

$4,881/yr

Listed By

REMAX HALLMARK REALTY GROUP

Listed On

September 21, 2026