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

Est payment $4,274/mo
Views   1
Time on Jump  1 days
  • 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
Parking 6.00
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Listing Agency:  LPT REALTY

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