Welcome to 464 Mutual Street, a fantastic opportunity in Ottawa's Gloucester area! This charming 1950s single-family home offers 3 bedrooms, 1.5 bathrooms, a detached garage, and sits on an impressive 60 x 112 ft lot with desirable R3A zoning. Whether you're a homeowner looking for a property with character, an investor seeking long-term value, or a developer exploring future possibilities, this property offers exceptional potential.The generous lot provides plenty of flexibility for renovation, expansion, or exploring future redevelopment opportunities, while the existing home offers a solid starting point for those looking to personalize and make it their own. The detached garage adds valuable storage and parking options, making this property both practical and versatile.Location is a key feature, with convenient access to major roads, public transit, shopping, restaurants, schools, parks, and everyday amenities. Enjoy being within easy reach of Gloucester's extensive retail and services, including St. Laurent Shopping Centre and nearby commercial amenities, while also having quick access to downtown Ottawa, the Rideau River, parks, recreational facilities, and the University of Ottawa. With nearby transit connections and major routes, commuting throughout Ottawa and surrounding areas is convenient.Opportunities like this - combining a substantial lot, R3A zoning, an established neighbourhood, and convenient access to amenities - are increasingly difficult to find. Whether you choose to renovate, expand, hold as an investment, or investigate future development potential, 464 Mutual Street is worth exploring.Don't miss your opportunity to secure a property with character, flexibility, and long-term upside. Book your showing today!Home is being sold as-is (Schedule B). (id:28469)
Facts & features
Property
MLS® Number
X13764500
Property Type
Single Family
Community Name
3503 - Castle Heights
Ownership
Freehold
Parking Space Total
6
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style
Bungalow
Basement Development
Partially Finished
Basement Type
N/a (partially Finished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick, Vinyl Siding
Foundation Type
Block
Half Bath Total
1
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
1
Size Interior
1,100 - 1,500 Sqft
Type
House
Utility Water
Municipal Water
Parking
Detached Garage
—
Garage
—
Tandem
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
112 Ft
Size Frontage
60 Ft
Size Irregular
60 X 112 Ft
Size Total Text
60 X 112 Ft
Zoning Description
R3a, Tm
Utilities
Cable
Available
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,988/mo
Ontario land transfer tax
$9,973 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.