257 Parkdale Avenue
4202 - Hintonburg, West Centre Town, K1Y 1G1
FOR SALE
$890,000
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3
BEDROOMS 3
BATHROOMS 1
KITCHENS 5
ROOMS X13057604
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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.
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Property Features
Public Transit, Water Heater Owned
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Property Details
Address
257 Parkdale Avenue
Community
City
Postal Code
K1Y 1G1
Property Type
Detached, Detached
Days On Market
49
Lot Size
33' x 100'
Taxes
$6,440 (2025
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Lpt Realty
Enjoy an unbeatable central location, walking distance from the LRT, the future LeBreton Flats development, Chinatown, Little Italy, and a short hop to the downtown core. This charming home features an updated kitchen that exudes warmth and character. Upstairs, you'll find three comfortable bedrooms and an updated full bathroom. Outside, an extra-deep lot provides rare outdoor space for the area, complete with a detached garage for parking, storage, or a workshop. With its central location, transit access, and proximity to some of the city's most exciting development and dining destinations, this is a fantastic opportunity to settle into a detached home right in the heart of the city!
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A spacious, detached, freehold home that does not compromise on size, features, outdoor space, or parking! Only steps from every amenity in one of the most vibrant neighborhoods in the city, but tucked away on a quiet, treed lot, this 4bd home offers the best of both worlds. Soaring 10ft ceilings and gleaming hardwood floors run through the large main living area and huge formal dining room, home to many of the lovingly-preserved original fixtures. Bespoke cherry front hall cabinet, designed by current owner and hand-crafted by a local marquetry artist. Large, eat-in kitchen with horseshoe-shaped island offers plenty of storage and counter space! Inviting 14x9 ft dedicated rear office or bedroom with oversize window overlooking the fully-fenced back yard and with direct access to the large side porch. Upstairs are 3 bedrooms and the spacious, dedicated laundry and storage room (big enough to convert to a 5th bedroom if required!) Full 3-piece bathroom on each of the two levels! Most windows in the home look out onto sun-dappled leaves, so the space feels like a rural retreat despite its ultra-central location. The dedicated driveway comfortably fits 2 cars tandem, plus a side yard and good-sized shed! Come see for yourself! Rear privacy fence north back yard 2026; front yard grading and sod 2026; foundation repointing 2026 (proactive maintenance; not due to problem); kitchen floor, stove, hood fan 2026; paint throughout 2026; hot water tank 2023; washer and dryer 2023
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