Address
257 Parkdale Avenue, West Centre Town, ON
Price
$ 890,000

Your Agent

Akram Syed

Sales Representative

343-944-4347


Listing provided by Akram Syed, Sales Representative, REMAX Boardwalk

Property Attributes
  • ID#X13057604
  • TypeSingle Family
  • Listing Status Sold Conditional
  • CityWest Centre Town
  • Area4202 - Hintonburg
  • Neighbourhood4202 - Hintonburg
  • Postal CodeK1Y 1G1
  • Style2-Storey
  • Taxes$ 6440
  • Price$ 890,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1500-2000
Data Source:
Toronto Real Estate Board (TRREB)
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.

Price History
4/29/2026 Listed $890,000

General Features

Sewer Sewer
Cooling Central Air,Window Unit(s)
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Construction Materials Brick,Vinyl Siding
Heater Type Forced Air
Property Subtype Detached
Tax Year 2025
Lot Depth 100.0
PropertyFeatures Public Transit
County Ottawa
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction East
Garage Y/N No
Other Structures None
Status Sold Conditional
City West Centre Town
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 6440.0
Standard Status Active Under Contract
Occupancy Type Owner+Tenant
Legal Description LT 86,PL 88291 ; OTTAWA/NEPEAN

Interior Features

Interior Amenities Water Heater Owned
Basement Unfinished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Elevator? No
Total Baths 3
Bedrooms 3
Living Area Range 1500-2000

Exterior Features

Total Parking 6.0
Garage Type None
Foundation Details Stone
Spa No
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K1Y 1G1

Price
AVG $890K
$890K
Taxes
AVG $6,440
$6,440
Visits
AVG 57
107
Data Provided by Inside Real Estate®

Your Agent

Akram Syed

Sales Representative

343-944-4347


Listing provided by Akram Syed, Sales Representative, REMAX Boardwalk

Listed By
LPT REALTY