257 Parkdale Avenue Ottawa, Ontario K1Y 1G1
$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:61445)
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 | 1500 - 2000 Sqft |
| 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 | 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
Interested?
Contact us for more information
Gigi Lovas
Salesperson
5100-333 Bay St
Toronto, Ontario M5H 2R2
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April 29 2026 03:54:26
Lpt Realty