257 Parkdale Avenue
4202 - Hintonburg, West Centre Town, K1Y 1G1
FOR SALE
$890,000

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BEDROOMS3
BATHROOMS1
KITCHENS5
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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
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
Welcome to 59 Bell St N! This stunning three-storey brick home boasts immense curb appeal and a thoughtfully designed layout that's perfect for modern living. Offering a total of 3 bedrooms and 2 full bathrooms, this property combines style, function, character and versatility. The main level features a spacious primary bedroom, complete with a private ensuite bathroom that offers a walk-in shower and double-sink vanity. Enjoy direct access from the primary bedroom to a fully fenced backyard with a beautiful patio & concrete planter boxes - ideal for relaxing, gardening or social gatherings outdoors. An additional bedroom, office space at the front of the home, and convenient laundry round out the main level. Upstairs, the second level serves as the true heart of the home: showcasing a chef's kitchen equipped with a gas stove, butcher block countertops, farmhouse sink, cork flooring, pantry space, and a breakfast bar. Additionally, the kitchen features direct access to a private balcony - perfect for hosting guests or enjoying your morning coffee. The adjacent open-concept living and dining areas provide a bright and inviting space. On the third floor, you'll find a generously sized bedroom, a full bathroom, and laundry offering privacy and flexibility for family or visitors. Downstairs, the basement provides ample storage space. Located in the heart of West Centretown, just steps from Little Italy, Hintonburg, Chinatown, LRT, and some of Ottawa's trendiest restaurants and cafés, this home delivers strongly on both convenience & lifestyle. Complete with five parking spaces across two driveways, this is a rare opportunity you won't want to miss!
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