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$1,499,000

294 DONALD STREET, Ottawa

8 Beds • 4.0 Baths • Multi-Family
MLS# X13481958
  • Multi-Family
  • Spacious 8-bedroom layout
  • 8-car parking
  • Ottawa location
613-369-5199

Ask Peter Sagos | REALTOR® about this property

About This Property

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:67440)

Property Details

Bedrooms 8
Bathrooms 4.0
Parking 8 spaces
Property Type Multi-Family

Building & Features

Building

Building type
Fourplex
Storeys
3
Exterior
Brick
Foundation
Block

Interior

Basement
Other, See Remarks, N/A
Bedrooms above grade
8
Heating
Radiant heat, Natural gas, Other
Cooling
None
Fireplace
No

Parking

Garage and parking
No Garage

Lot and land

Lot dimensions
61 x 116.8 FT
Frontage
61 ft
Water
Municipal water
Sewer
Sanitary sewer

Location

294 DONALD STREET, Ottawa, Ontario, K1K1M7

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Peter Sagos | REALTOR®

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Peter Sagos | REALTOR® · Ottawa Real Estate Experts

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