257 PARKDALE AVENUE
Ottawa, Ontario, K1Y1G1
For Sale | $890,000 | 3 beds | 3 baths
Key facts
- Property type: Single Family
- Structure: House
- Transaction: For Sale
- Price: $890,000
- Bedrooms: 3
- Bathrooms: 3
- Lot size: 33 x 100 FT
- Parking: 6
- Listing key: 29671870
Listing overview
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...

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