294 Donald Street
Overbrook - Castleheights and Area, ON
- 8 bed
- 4 bath
- approx. 2500-3000 sqft
- Fourplex
- 77 days on market
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.
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Listing Details
- Taxes (2025)
- $7,267
- Listed
- June 22, 2026
Price History
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Flat, Asphalt Shingle
- Foundation
- Block
- Interior
- None
- Lot Size
- 61 x 116.75 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Donald at Vanier Parkway
- Parcel Number
- 042510010
- Possession
- Flexible
- Occupancy
- Owner
Schools
Elementary
- St Michael Elementary School0.6 km
Catholic · Ottawa CSB · 175 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 41% met the provincial standard
- École élémentaire catholique Horizon-Jeunesse0.6 km
French Catholic · CSDC du Centre-Est de l'Ontario · 465 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 71% met the provincial standard
- Robert E. Wilson Public School0.7 km
Public · Ottawa-Carleton DSB · 250 students
Grade 3 reading: 42% met the provincial standard · Grade 6 math: 41% met the provincial standard
Secondary
- Ottawa Technical Secondary School0.8 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire catholique de l’innovation2 km
French Catholic · CSDC du Centre-Est de l'Ontario · 95 students
Grade 10 literacy: 71% met the provincial standard
- École secondaire publique De La Salle2.4 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1K
- Population
- 32,046
- Private dwellings
- 15,235
- Median age
- 42.4
- Average household size
- 2.2
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Overbrook - Castleheights and Area · last 12 months
- Median sold price
- $586,000
- Homes sold
- 197
- Median days on market
- 23
- Sale-to-list price
- 97.8%
Based on 197 recorded sales of residential freehold properties in Overbrook - Castleheights and Area over the last 12 months.
Listed by
DETAILS REALTY INC.
Walk Score
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Transit
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Location
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Mortgage Calculator
$299,800
Estimated Monthly Payment
$7,364
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,364/mo (20% down, 5.5%)
Taxes: $606/mo · Insurance: $375/mo
Estimates only. Consult a financial advisor.
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