$890,000
FOR SALE

Detached 2-Storey

Bedrooms: 3Bathrooms: 3Lot: 33 x 100 ft
2025 Taxes: $6,440

257 Parkdale Ave
West Centre Town, ON K1Y 1G1 | 4202 - Hintonburg | Ottawa

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.
Extras
Water Heater Owned
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Listed By LPT REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13057604
Last Updated Apr 29, 2026
Property Summary
Property Type Detached

More like this:
PIN 040940036
Legal Description LT 86, PL 88291 ; OTTAWA/NEPEAN
Possession Date Property will be VACANT for closing
Taxes (2025) $6,440
Directions/Cross Streets Parkdale Avenue and Scott Street
Neighbourhood 4202 - Hintonburg
Area Ottawa
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 3
Bathrooms 3
Lot 33 x 100 ft
Exterior Brick
Air Conditioning Central Air, Window Unit(s)
Basement Unfinished
Garage Type None
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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