Mirna Botros
613-600-2626257 Parkdale Avenue - $890,000
257 Parkdale Avenue - $890,000
257 Parkdale Avenue
$890,000
4202 - Hintonburg
Ottawa, OntarioK1Y1G1
3 beds
3 baths
6 parking
MLS#: X13057604Listed: about 3 hours agoUpdated:about 3 hours ago
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:58075)Details
Details for 257 Parkdale Avenue, Ottawa, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 2
- Neighborhood
- 4202 - Hintonburg
- Land Size
- 33 x 100 FT
- Year Built
- -
- Annual Property Taxes
- $6,440
- Parking Type
- No Garage
Inside
- Appliances
- Water Heater
- Rooms
- 10
- Bedrooms
- 3
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Unfinished, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Parkdale Avenue and Scott Street. ** Directions: Highway 417 to Parkdale Ave. Exit 122. Turn left onto Parkdale. Property next to convenience store right before Scott Street.
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick, Vinyl siding
- Foundation
- Stone
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 33 x 100 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- 6
Utilities
- Cooling
- Central air conditioning, Window air conditioner
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 257 Parkdale Avenue, Ottawa, OntarioMap
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