294 DONALD STREET, Ottawa
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:25961)
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Details
- Parking Spaces: 8
- Transaction: For sale
Building
- BasementType: N/A (Other, See Remarks)
- Basement Development: Other, See Remarks
- Bedrooms Main Level: 8
- Cooling: None
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 4
- Heating: Other, Radiant heat
- Heating Fuel: Natural gas
- Size Interior: 2500 - 3000 sqft
- Stories Total: 3
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 116 ft ,9 in
- Size Frontage: 61 ft
- Size Irregular: 61 x 116.8 FT
This property for sale is located at 294 DONALD STREET in Ottawa. It was last modified on June 23rd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
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