$1,499,000
Est. payment $6,637/moCalculate yours
294 Donald Street, Overbrook - Castleheights and Area, ON K1K 1M7
3502 - Overbrook/Castle Heights, Overbrook - Castleheights and Area, ON K1K 1M7
- 8 Beds
- 4 Baths
- 2,500 Sq Ft
Listing courtesy of DETAILS REALTY INC. MLS® X13481958
About this home
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.
Property details
Overview
- Property Type
- Fourplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 2,500 sqft
Interior
- Bedrooms
- 8
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Other
Building & Systems
- Heating
- Other (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Block
- Roof
- Flat, Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 61 x 116.75 Feet
- Parking
- None garage · 8 total
Financial
- Property Taxes
- $7,267 (2025)
Location
- Neighbourhood
- 3502 - Overbrook/Castle Heights
- Cross Street
- Donald at Vanier Parkway
- Direction Faces
- South
Listing
- MLS® Number
- X13481958
- Days on Market
- 118
- Listed On
- 2026-06-22
- Possession
- TBD
- Listed By
- DETAILS REALTY INC.
Features
Interior
- None
Pool
- None
Mortgage calculator
Estimated mortgage payment
$6,637 per month
- Principal and interest
- $6,637
- Property tax
- $606
- Condo fees
- $0
- Estimated monthly cost
- $7,243
Your mortgage
- Mortgage amount
- $1,199,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $791,974
Cash to close
- Down payment
- $299,800
- Land transfer tax
- $26,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $326,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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