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    For Sale - 430 Parkdale Avenue, Tunneys Pasture and Ottawa West, Ontario

    Est payment $28,811/mo
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    Time on Jump  11 day

    AI Summary *

    • Rare urban infill development opportunity in a dynamic Ottawa neighbourhood.
    • Consolidated three-lot land assembly ideal for mid-rise residential projects.
    • Supported by Development Options Report and 8 Floor Concept Plan.
    • Close proximity to public transit and major arterial routes.
    • Walking distance to medical facilities like the Heart Institute and Civic Hospital.




    Presenting a rare and highly coveted urban infill development opportunity in the heart of one of ottawa's most dynamic and rapidly evolving neighbourhoods. Located at 430, 438 (x12884478), and 444 (x12884476) parkdale avenue, this consolidated three-lot land assembly represents a premier canvas for forward-thinking developers and investors seeking to capitalize on ottawa's intensifying urban core. Supported by a comprehensive development options report prepared by fotenn planning + design, this site offers a clear pathway for mid-rise residential redevelopment. Also available is the 8 floor concept plan document also prepared by fotenn. Situated just 120 metres from the vibrant wellington street west transit priority corridor and strategically positioned along a major arterial route, this property perfectly aligns with the city of ottawa's strategic vision for intensification and 15-minute neighbourhoods. With favorable official plan designations and draft future zoning that encourages increased density, this assembly is a secure and highly attractive addition to any visionary development portfolio. The site is within walking distance to the heart institute and the civic hospital. At a projected 8 floors this site would be an excellent location for a seniors residence or apartment complex. Note: property taxes are for residential and commercial components.
    Listing IDX12884474
    Address430 Parkdale Avenue
    CityTunneys Pasture and Ottawa West, Ontario
    Price$6,000,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  ROYAL LEPAGE TEAM 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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    430 Parkdale Avenue
    Tunneys Pasture and Ottawa West , Ontario
    $6,000,000
    Get more info