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$890,000
Ontario,Ottawa
For Sale Active
257 PARKDALE AVENUE, Ottawa, Ontario K1Y1G1
  • 3
  • 3
  • 1500 - 2000Square Feet
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13057604
  • Price: $890,000
  • Bedrooms: 3
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 299743
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning, Window air conditioner
  • Basement: Unfinished, N/A
  • Parking: No Garage
  • Exterior Features: Brick, Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1Y1G1
  • Street: Parkdale
  • Street Number: 257
  • Street Suffix: Avenue
  • Longitude: W76° 16' 7''
  • Latitude: N45° 24' 17.4''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 33 x 100 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6440
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Listing updated: 2026-05-02 10:09:12
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Listing Information
  • List Agent Key: 1622855
  • List Office Key: 299743
  • Modification Timestamp: 2026-04-29T16:00:47Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-04-29T15:54:26Z
Powered by REALTOR.ca
Listing updated: 2026-05-02 10:09:12
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