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294 Donald Street, Overbrook - Castleheights and Area, ON K1K 1M7
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294 Donald Street, Overbrook - Castleheights and Area, ON K1K 1M7
Overbrook - Castleheights and Area , K1K 1M7
$1,499,000.00
8 Bedrooms 4 Bathrooms Residential Freehold
Property Details
MLS Number X13481958
Property Type Residential Freehold
City Overbrook - Castleheights and Area
City Region 3502 - Overbrook/Castle Heights
Postal Code K1K 1M7
Cross Street Donald at Vanier Parkway
Street Number 294
Street Name Donald
Lot Width 61 ft
Lot Depth 116.75 ft
Bedrooms 8
Bathrooms 4
Annual Tax $7,267.00
Sewer Sewer
Occupant Type Owner
Description
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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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