257 Parkdale Avenue, West Centre Town, ON K1Y 1G1
West Centre Town, ON, K1Y 1G1 · 4202 - Hintonburg
About this property
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.
Features & Amenities
- Basement: Unfinished
- Garage: None
- Cooling: Central Air, Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Basement | Unfinished |
| Garage | None |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air, Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $6,440 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater Owned
Exterior Features
- Other Structures
- None
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Vinyl Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air, Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
- Parking Total
- 6.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 33.00
Community & Neighborhood
- Property Features
- Public Transit
Financial & Tax
- Tax Annual Amount
- $6,440
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Property will be VACANT for closing
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Owner+Tenant
- Direction Faces
- East
- County Or Parish
- Ottawa
- Cross Street
- 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.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
257 Parkdale Avenue, West Centre Town, ON K1Y 1G1, West Centre Town, ON, K1Y 1G1