CAONOttawa506 Vernon Ave
Image | Image 1
Link Copied

506 Vernon Ave, Ottawa, ON

House

Sold

$--,---,---
$699,999

444

MLS® X12483925

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $4,992
Lot Size 
Approx. Age 
MLS® Number X12483925

Property Address: 506 Vernon Ave, Ottawa, ON, K1K1A6

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 506 Vernon Avenue, a rare multi-unit opportunity in Ottawa's Castle Heights / Overbrook. This detached bungalow, built in 1960 on a 51 x 111.2 lot, combines versatility, strong rental income, and long-term investment potential. The property generates approximately $63, 264 annually, offering an ideal scenario for investors. The main level features a bright two-bedroom unit with open living and dining space, a cozy fireplace, a full kitchen, and a three-piece bath. The finished lower level includes a one-bedroom unit plus two studio apartments, each with its own kitchen and bath, providing privacy and comfort for long-term tenants. Altogether, the property includes four kitchens, four bathrooms, and over 2, 300 square feet of finished living space, allowing flexible living or income configurations. Additional highlights include five parking spaces, gas forced-air heating, central air conditioning, and included appliances: stove, refrigerator, microwave, dishwasher, washer, and dryer. The exterior features durable brick and vinyl siding, while R4UA zoning enhances multi-unit possibilities. Conveniently located just minutes from downtown Ottawa, this property is close to St. Laurent Shopping Centre, local cafes, schools, parks, and the Rideau River pathways. Transit options and Highway 417 provide easy city-wide access. With established rental income, multi-unit zoning, and a prime location, 506 Vernon Avenue is more than a home; it's a smart investment. Don't miss this unique opportunity to live, earn, and grow your portfolio. Book your private showing today!Show Description
MLS® NumberX12483925
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Full
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Dining Room:Main Floor12.67 × 8.21 ft

Similar Listings

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
506 Vernon Ave, Ottawa, ON

Curious about your home's value?

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany Careers
eXp LifeZoocasaSuccessQuebec ListingsAccessibility
Terms and ConditionsPrivacy PolicyCookie PolicyModalitésPolitique de confidentialitéSitemap

800 - 1070 Douglas Street, Victoria, BC, V8W2C4

833-303-0610

[email protected]

eXp REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. eXp Realty holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2025 eXp Realty. eXp World Holdings, Inc. All Rights Reserved