257 Parkdale Avenue Ottawa, Ontario K1Y 1G1
3 Bedroom
3 Bathroom
1,500 - 2,000 sqft
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:15069)
Property Details
| MLS® Number | X13057604 |
| Property Type | Single Family |
| Community Name | 4202 - Hintonburg |
| 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 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.61 m | 5.53 m | 3.61 m x 5.53 m |
| Second Level | Bedroom 2 | 4.73 m | 3.85 m | 4.73 m x 3.85 m |
| Second Level | Bedroom 3 | 3.4 m | 2.71 m | 3.4 m x 2.71 m |
| Second Level | Bathroom | 2.58 m | 1.14 m | 2.58 m x 1.14 m |
| Second Level | Bathroom | 1.84 m | 1.58 m | 1.84 m x 1.58 m |
| Other | Kitchen | 4.52 m | 3.65 m | 4.52 m x 3.65 m |
| Ground Level | Other | 1.58 m | 1.84 m | 1.58 m x 1.84 m |
| Ground Level | Other | 2.88 m | 2.05 m | 2.88 m x 2.05 m |
| Ground Level | Other | 3.73 m | 2.2 m | 3.73 m x 2.2 m |
| Ground Level | Bathroom | 2.35 m | 1.83 m | 2.35 m x 1.83 m |
https://www.realtor.ca/real-estate/29671870/257-parkdale-avenue-ottawa-4202-hintonburg
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April 29 2026 03:54:26
Ottawa Real Estate Board
Lpt Realty