21 Perkins Street
4204 - West Centre Town, West Centre Town, K1R 7G4
FOR SALE
$999,000

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BEDROOMS2
BATHROOMS1
KITCHENS10
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Property Description
Builders life time opportunity! Great lot 58.5X59 Feet lot beside the new Festival Center,at Lebreton Flats, New Stadium, Central Library, Ottawa River and new development! Right now there is a sun-filled bungalow on this lot with a great layout on a quiet cul-de-sac. This great updated home is rented presently. Call Now!
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Property Features
Public Transit, Park, Cul de Sac/Dead End, None
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Property Details
Address
21 Perkins Street
Community
City
Postal Code
K1R 7G4
Property Type
Detached, Detached
Zoning
Residential
Lot Size
58' x 59'
Taxes
$6,000 (2024
Basement
Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Power Marketing Real Estate Inc.
Exceptional redevelopment opportunity in a prime urban location. This 4,930 sq.ft. lot is ideally positioned across from a park, steps to the LRT, and minutes from the shops, dining, and amenities of Westboro-one of Ottawa's most desirable and transit-connected neighbourhoods. Zoned R4S and located within a Major Transit Station Area, the site offers strong potential for urban infill or multi-unit redevelopment. The surrounding streetscape reflects ongoing intensification, with modern infill and redevelopment activity driven by proximity to rapid transit, established neighbourhoods, and green space.This is ideal for builders, developers, or investors seeking a well-located site with excellent long-term fundamentals supported by transit access, density allowances, and neighbourhood demand. A rare opportunity to secure a premium development site in a highly connected corridor with strong long-term appeal. Property is being sold as-is, where-is, with no representations or warranties.
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Prime Mixed-Use Income & Redevelopment Opportunity. Opportunity to own a centrally located mixed-use property with both strong holding income and tremendous future development upside. Situated on highly visible Parkdale Avenue, this property is currently zoned TM13, with conversion to CM1 under Ottawa's new zoning bylaw unlocking increased density and flexibility for mid-rise, mixed-use, or multi-residential redevelopment in one of Ottawa's most desirable growth corridors. Originally a triplex, the building has been reconfigured into one commercial and one residential unit but can be converted back to three separate units, maximizing rental income. The ground floor and basement are home to a well-established and busy nail salon, providing stable commercial revenue. The second floor features a three bedroom, two bathroom apartment, which could also be divided into two smaller units to increase cash flow. With excellent frontage, strong pedestrian and vehicle traffic, and immediate access to Tunney's Pasture, the LRT, and Ottawa's downtown core, this site is ideally positioned for both near-term cash flow and long-term redevelopment. Investors will appreciate the holding income while planning for future intensification under CM1 zoning, which supports a wide variety of commercial and residential uses. Vacant possession will be available by November 30, 2025, making this a rare and strategic acquisition for forward-thinking investors, developers, or owner-users looking to secure a property with both current stability and long-term potential.
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