Caroline Johnson

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257 PARKDALE AVENUE, Ottawa, Ontario

$890,000

3 Beds
3 Baths

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:25961)

Listing ID: X13057604
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.61 m x 5.53 m
Bedroom 2	Second level	4.73 m x 3.85 m
Bedroom 3	Second level	3.4 m x 2.71 m
Bathroom	Second level	2.58 m x 1.14 m
Bathroom	Second level	1.84 m x 1.58 m
Kitchen	Other	4.52 m x 3.65 m
Other	Ground level	1.58 m x 1.84 m
Other	Ground level	2.88 m x 2.05 m
Other	Ground level	3.73 m x 2.2 m
Bathroom	Ground level	2.35 m x 1.83 m

Details

Amenities Nearby: Public Transit
Equipment: None
Ownership: Freehold
Parking Spaces: 6
Rental Equipment: None
Transaction: For sale

Building

Appliances: Water Heater
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 3
Construction Style Attachment: Detached
Cooling: Central air conditioning, Window air conditioner
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Foundation: Stone
Bathrooms (Half): 1
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Amenities: Public Transit
Sewer: Sanitary sewer
Size Frontage: 33 ft
Size Irregular: 33 x 100 FT

Listing provided by LPT REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 257 PARKDALE AVENUE in Ottawa Ontario. It was last modified on April 29th, 2026. Contact Caroline Johnson to schedule a viewing or to discover other Ottawa homes for sale.

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