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7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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257 Parkdale Avenue, West Centre Town, ON K1Y 1G1

Detached Home For Sale | X13057604Sale

Listing ID: X13057604
$890,000
3 Bedrooms
3 Bathrooms
Listing ID #X13057604
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.

Basic Details
Listing ID : X13057604
Listing Type : Sale
Price : $890,000
Bathrooms : 3
Status : Active
Property Sub Type : Detached
Roof : Asphalt Shingle
Map
Address Map
257
Parkdale
US
ON
Ottawa
West Centre Town
K1Y 1G1
Avenue
East
Highway 417 to Parkdale Ave. Exit 122. Turn left onto Parkdale. Property next to convenience store right before Scott Street.
Property Area
4202 - Hintonburg
Features
: Central Air, Window Unit(s)
: None
: Unfinished
: 2-Storey
: Water Heater Owned
: Sewer
Rooms
3
Additional Information
: Brick, Vinyl Siding
: Stone
Financial
6440.0
Listing Information
New
2026-04-29T15:04:51Z
TRREB

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