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257 Parkdale Avenue

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  • 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:50982)

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Details

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 Ft2
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 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

Map

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