257 PARKDALE AVENUE, Ottawa, ON K1Y1G1
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257 PARKDALE AVENUE, Ottawa, ON K1Y1G1
257 PARKDALE AVENUE, Ottawa, ON K1Y1G1
257 PARKDALE AVENUE, Ottawa, ON K1Y1G1
257 PARKDALE AVENUE, Ottawa, ON K1Y1G1
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Louis-Philippe Pidgeon

Louis-Philippe Pidgeon

+1(819) 744-0807
$ 890,000
Est. payment /mo
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Active

257 PARKDALE AVENUE Ottawa, ON K1Y1G1

3 Beds

3 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $593

Subdivision 4202 - Hintonburg

MLS® Listing ID X13057604

Bedrooms 3

Half Baths 1

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 3.61 m X 5.53 m Bedroom

Extra Room 2 Second level 4.73 m X 3.85 m Bedroom 2

Extra Room 3 Second level 3.4 m X 2.71 m Bedroom 3

Extra Room 4 Second level 2.58 m X 1.14 m Bathroom

Extra Room 5 Second level 1.84 m X 1.58 m Bathroom

Extra Room 6 Other 4.52 m X 3.65 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning, Window air conditioner

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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257 PARKDALE AVENUE

Louis-Philippe Pidgeon

Louis-Philippe Pidgeon

Real Estate Broker | License ID: E6485

+1(819) 744-0807

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