257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

MLS® # X13057604

House For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$890,000 QuickQuote^TM: $811K - $1.1M

3 Beds

3 Baths

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257 Parkdale Avenue, Ottawa, ON - Outdoor

257 Parkdale Avenue, Ottawa, ON - Indoor

257 Parkdale Avenue, Ottawa, ON - Indoor Photo Showing Other Room

257 Parkdale Avenue, Ottawa, ON - Indoor Photo Showing Bedroom

257 Parkdale Avenue, Ottawa, ON - Indoor Photo Showing Bathroom

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257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

$890,000

3 Beds

3 Baths

Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Unfinished
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick, Vinyl siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning, Window air conditioner
Appliances:

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Half Bathrooms: 1
Amenities Nearby: Public Transit
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 100 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

Bedroom 2nd Level 3.61 m x 5.53 m
2nd Bedroom 2nd Level 4.73 m x 3.85 m
3rd Bedroom 2nd Level 3.40 m x 2.71 m
Bathroom 2nd Level 2.58 m x 1.14 m
Bathroom 2nd Level 1.84 m x 1.58 m
Kitchen 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 2.20 m
Bathroom Ground Level 2.35 m x 1.83 m

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Courtesy of: LPT REALTY

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Approximate value for 3 bed, 3 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$890,000

List Price

$810,845

$1,087,270

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Market Price Trends

Single family detached

6.13%

Price change (1 year)

18.87%

Price change (5 years)

All Properties

5.74%

Price change (1 year)

19.13%

Price change (5 years)

Location of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Lifestyle
Neighbourhood

Demographic Information of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$137,750.86

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.35 %

High school certificate or equivalent

17.53 %

Apprenticeship trade certificate/diploma

1.93 %

College/non-university certificate

14.77 %

University certificate (below bachelor)

2.42 %

University Degree

53.0 %

Commuter

Travel To Work

By Car

49.57 %

By Public Transit

20.61 %

By Walking

17.58 %

By Bicycle

4.14 %

By Other Methods

8.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.42 %

Houses

29.58 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

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Market Price Trends

Single family detached

All Properties

Location of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Demographic Information of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing