257 Parkdale Avenue, Ottawa, Ontario K1Y 1G1 (29671870)

3 Bedrooms

3 Bathrooms

1,500 - 2,000 sqft Interior

6 Parking spaces

33 X 100 Ft Lot size

Central Air Conditioning, Window Air Conditioner Forced Air

About this home

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:28469)

Facts & features

Property

MLS® Number: X13057604
Property Type: Single Family
Community Name: 4202 - Hintonburg
Ownership: Freehold
Amenities Near By: Public Transit
Equipment Type: None
Parking Space Total: 6
Rental Equipment Type: None

Building

Bathroom Total: 3
Bedrooms Above Ground: 3
Bedrooms Total: 3
Appliances: Water Heater
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Construction Style Attachment: Detached
Cooling Type: Central Air Conditioning, Window Air Conditioner
Exterior Finish: Brick, Vinyl Siding
Foundation Type: Stone
Half Bath Total: 1
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 1,500 - 2,000 Sqft
Type: House
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Public Transit
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 33 Ft
Size Irregular: 33 X 100 Ft
Size Total Text: 33 X 100 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Rooms

Second Level

Bedroom 3.61 m x 5.53 m
Bedroom 2 4.73 m x 3.85 m
Bedroom 3 3.4 m x 2.71 m
Bathroom 2.58 m x 1.14 m
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
Other 2.88 m x 2.05 m
Other 3.73 m x 2.2 m
Bathroom 2.35 m x 1.83 m

Location

257 Parkdale Avenue, Ottawa, Ontario K1Y 1G1 · Get directions