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257 Parkdale Avenue Ottawa, Ontario K1Y 1G1

3 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning, Window Air Conditioner Forced Air

$890,000

Rare opportunity to secure a high-visibility mixed-use property on Parkdale Avenue in one of Ottawa's fastest-evolving corridors. This asset offers strong in-place income today with significant redevelopment potential under the upcoming CM1 zoning, allowing for increased density and flexible mid-rise, mixed-use, or multi-residential development.Currently configured as one commercial and one residential unit, the building was originally a triplex and can be converted back to three units to maximize rental income. The ground floor and basement are occupied by an established, high-traffic nail salon, providing stable commercial tenancy and consistent income. Business not included in the sale.The second floor features a spacious three-bedroom, two-bathroom apartment with potential to be reconfigured into additional units to further enhance cash flow.Positioned steps to Tunney's Pasture, LRT access, and minutes to downtown, this property benefits from strong pedestrian and vehicle exposure, making it ideal for investors, developers, or owner-users seeking both immediate revenue and long-term upside.Opportunities combining current income with future intensification in this location are increasingly limited. Vacant possession available on closing. (id:37351)

Property Details

MLS® Number X13057604
Property Type Single Family
Community Name 4202 - Hintonburg
AmenitiesNearBy Public Transit
EquipmentType None
ParkingSpaceTotal 6
RentalEquipmentType None

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsTotal 3
Appliances Water Heater
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning, Window Air Conditioner
ExteriorFinish Brick, Vinyl Siding
FoundationType Stone
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,500 - 2,000 Ft2
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 100 Ft
SizeFrontage 33 Ft
SizeIrregular 33 X 100 Ft
SizeTotalText 33 X 100 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.61 m x 5.53 m
Second Level Bedroom 2 4.73 m x 3.85 m
Second Level Bedroom 3 3.4 m x 2.71 m
Second Level Bathroom 2.58 m x 1.14 m
Second Level Bathroom 1.84 m x 1.58 m
Other Kitchen 4.52 m x 3.65 m
Ground Level Other 1.58 m x 1.84 m
Ground Level Other 2.88 m x 2.05 m
Ground Level Other 3.73 m x 2.2 m
Ground Level Bathroom 2.35 m x 1.83 m

https://www.realtor.ca/real-estate/29671870/257-parkdale-avenue-ottawa-4202-hintonburg

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Gigi Lovas
Salesperson

(613) 227-9417

Lpt Realty
343 Preston St. Unit: 11th Floor
Ottawa, Ontario K1S 5N4

(877) 366-2213
canada.lpt.com/

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