538 Mutual Street
Ottawa (Castle Heights), ON K1K 1C6
- 3+1Bedrooms
- 3Bathrooms
- 0Garage
- 2500–3000Sq Ft
- $5,546Tax
- 60×112 ftLot Size
Estimated Value:$899,880See Free Estimate Report
Sale & Price History for 538 Mutual Street, Ottawa, Castle Heights
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 538 Mutual Street, Ottawa, Castle Heights
Summarized Description
- Exceptional development opportunity in Castle Heights.
- Rare zoning potential for a 9-unit project.
- Solid concrete block building for conversion.
- Tenanted triplex provides holding income.
- Located in an evolving urban neighbourhood.
- Ongoing revitalization with new developments.
- Ideal for developers and investors.
Exceptional development opportunity in the heart of Castle Heights. This 60' x 111' lot offers rare zoning potential for a 9-unit project consisting of three row units, each with a secondary dwelling unit, plus three coach houses. What truly sets this property apart is the substantial existing rear structure-a solid concrete block building with high ceilings that presents an ideal opportunity for conversion into the proposed coach houses, significantly reducing redevelopment costs and complexity. The existing triplex is currently tenanted, providing holding income while plans and approvals are pursued. Located in one of Ottawa's evolving urban neighbourhoods, Castle Heights is experiencing ongoing revitalization with numerous new multi-unit developments and infill projects transforming the area. An outstanding opportunity for developers, builders, and investors seeking a project where much of the foundation for future value is already in place. Two AI photos added for illustration.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,546
- Land Transfer Tax Fee
- $11,473
- Basement Type
- Finished, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Other
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School Bus Route
- Other Structures
- Workshop
Building
- Building Type
- Detached
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Stone, Vinyl Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 60.00 ft
- Lot Depth
- 112.00 ft
Exclusions
- Exclusions
- tenants belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 0
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 10
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 3 + 1
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Washrooms
- 3-piece, Lower
- 3-piece, Upper
- 3-piece, Main
- Municipality
- Ottawa
- Neighbourhood
- Castle Heights
- Main cross streets
- Mutual St & May St
- Zoning
- Residential
- Directions
- Mutual St & May St
- MLS® number
- X13246548
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-04
- Updated on
- 2026-07-04
- Days on market
- 133 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX DELTA REALTY TEAM
Home Market Value
Current home valuation for 538 Mutual Street, Ottawa, Castle Heights, Ottawa, ON. Listed for $749,900
HOMEH Estimate
$899,880
Estimated Sales Range
$539,928 - $1,259,832
HOMEH Estimate for 538 Mutual Street, Ottawa, Castle Heights
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $249,900 over $500K
$49,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,986 | $20,922 | $17,848 | $0 |
=Total mortgage | $727,643 | $695,832 | $655,263 | $599,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,553monthly | $3,397monthly | $3,199monthly | $2,929monthly |
Land Transfer Tax
$11,473
$11,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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