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$890,000
Available - For Sale
Listing ID: X13057604
257 Parkdale Avenue , West Centre Town, K1Y 1G1, Ottawa
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.
Price $890,000
Taxes: $6,440
Occupancy by: Owner+T
Address: 257 Parkdale Avenue , West Centre Town, K1Y 1G1, Ottawa
Directions/Cross Streets: Parkdale Avenue and Scott Street
Rooms: 5
Bedrooms: 3
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Kitchen 14.83 11.97
Room 2: Second Bedroom 11.84 18.14
Room 3: Second Bedroom 2 15.51 12.63
Room 4: Second Bedroom 3 11.15 8.89
Room 5: Second Bathroom 8.46 3.74
Room 6: Second Bathroom 6.04 5.18
Room 7: Ground Other 5.18 6.04
Room 8: Ground Other 9.45 6.72
Room 9: Ground Other 12.23 7.22
Room 10: Ground Bathroom 7.71 6.00
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Second
Washroom 3:  1 Ground
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Other Structures: None
Approximatly Square Footage: 1500-2000
Property Features: Public Trans
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LPT REALTY

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Maria Tompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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