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    For Sale - 257 Parkdale Avenue, West Centre Town, Ontario

    Est payment $4,274/mo
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    Views   2
    Time on Jump  129 day

    AI Summary *

    • High-visibility mixed-use property in a rapidly developing Ottawa corridor.
    • In-place income from established commercial tenant provides stable revenue.
    • Potential to convert back to triplex for increased rental options.
    • Spacious three-bedroom apartment with reconfiguration possibilities for cash flow.
    • Conveniently located near LRT access and downtown for accessibility.




    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.
    Listing IDX13057604
    Address257 Parkdale Avenue
    CityWest Centre Town, Ontario
    Price$890,000
    Bed / Bath3 / 3 Full
    Style2-Storey, Detached
    ConstructionBrick, Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water Heater OwnedAmenities Public TransitOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  LPT REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    257 Parkdale Avenue
    West Centre Town , Ontario
    3 3 $890,000
    Get more info