$1,499,000
 $8,047 est/mo Sourced by Back At You

294 Donald Street,Ottawa, ON K1K1M7

Ottawa, ON K1K1M7

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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. (id:13843)

Details

MLS #X13481958
Listing TypeFor Sale
StatusActive
Days On Site121
Listing Provided ByDETAILS REALTY INC. | Michel Brissette

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet2,500
BasementY
Story(s)3

Interior

CoolingNone
HeatingRadiant heat, Natural gas, Other
Fireplace Yes / NoNo

Exterior

Foundation DetailsBlock

Parking

Parking FeaturesNo Garage
Parking Total8

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount7267
Tax Year2025

Area Information

ProvinceON
CityOttawa
Postal CodeK1K1M7
Listing VS Median (in K1K1M7)
Price:
$1,499,000
low | high
Med:
$1,499,000
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$600
low | high
Med:
$600
50% of Average
On site:
121
low | high
Med:
121
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOttawa
Postal CodeK1K1M7
Listing VS Median (in K1K1M7)
Price:
$1,499,000
low | high
Med:
$1,499,000
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$600
low | high
Med:
$600
50% of Average
On site:
121
low | high
Med:
121
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.124M - $1.873M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
215 COLUMBUS AVENUE Property Photo 1
$1,139,000
215 Columbus Avenue
Ottawa, ON K1K1P7
269-271 QUEEN MARY STREET Property Photo 1
$1,658,000
269-271 Queen Mary Street
Ottawa, ON K1K1X1
Listing Updated: September 29, 2026 at 4:35:03 AM PDT