257 PARKDALE AVENUE - Photo 1 of 22, Ottawa, Ontario
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$985,000

257 PARKDALE AVENUE — Ottawa, Ontario

K1Y1G1

3Beds
3Baths
6Parking

About This Property

Prime Mixed-Use Income & Redevelopment Opportunity. Opportunity to own a centrally located mixed-use property with both strong holding income and tremendous future development upside. Situated on highly visible Parkdale Avenue, this property is currently zoned TM13, with conversion to CM1 under Ottawa's new zoning bylaw unlocking increased density and flexibility for mid-rise, mixed-use, or multi-residential redevelopment in one of Ottawa's most desirable growth corridors. Originally a triplex, the building has been reconfigured into one commercial and one residential unit but can be converted back to three separate units, maximizing rental income. The ground floor and basement are home to a well-established and busy nail salon, providing stable commercial revenue. The second floor features a three bedroom, two bathroom apartment, which could also be divided into two smaller units to increase cash flow. With excellent frontage, strong pedestrian and vehicle traffic, and immediate access to Tunney's Pasture, the LRT, and Ottawa's downtown core, this site is ideally positioned for both near-term cash flow and long-term redevelopment. Investors will appreciate the holding income while planning for future intensification under CM1 zoning, which supports a wide variety of commercial and residential uses. Vacant possession will be available by November 30, 2025, making this a rare and strategic acquisition for forward-thinking investors, developers, or owner-users looking to secure a property with both current stability and long-term potential. (id:63357)

Property Location

Property Details

Property Type
Detached
Bedrooms
3
Bathrooms
3
Half Baths
1
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 257 PARKDALE AVENUE

Lifestyle Summary

** Living on Parkdale Avenue means embracing a lifestyle that balances convenience, community, and comfort. With excellent schools, accessible transit, and a vibrant dining scene, this neighborhood caters to a diverse range of lifestyles. Whether you're a young professional, a growing family, or someone looking for a peaceful retreat, this area provides the perfect backdrop for a fulfilling life in Ottawa. Experience the charm and excitement of this dynamic community where every day feels like a new adventure.

🏘️Neighborhood Vibe

** Nestled in the vibrant community of Ottawa, Parkdale Avenue offers a unique blend of urban charm and suburban tranquility. The neighborhood is characterized by its friendly atmosphere, where locals often gather at cafes and parks, creating a warm sense of belonging. With its tree-lined streets and eclectic mix of homes, this area is perfect for those seeking a lively yet peaceful environment. **COMMUTER_SUMMARY:** Conveniently located near multiple transit options, including the Scott/Parkdale stop just steps away, commuting in and around Ottawa is a breeze. Residents can easily access downtown and other key areas, making this neighborhood ideal for professionals or anyone who values connectivity. Whether you prefer public transit or a short drive, the accessibility here is unmatched. **FAMILY_SUMMARY:** Families will appreciate the abundance of educational facilities nearby, including Connaught Public School and several kindergartens like Garderie Tunney's Day Care, all within walking distance. The community is not only kid-friendly, but it also fosters a safe environment with numerous parks for play and interaction. With a variety of family-oriented activities and resources, it's a great place for kids to grow and thrive. **DINING_ENTERTAINMENT:** Food lovers will relish the diverse culinary scene just around the corner, featuring local favorites like Lorne Murphy Foods and the cozy Drip House Cafe. For those craving a quick coffee fix, Starbucks is conveniently nearby, while options like Morning Owl and Sushi Ro bring delightful dining experiences to your doorstep. With so many establishments within walking distance, your next meal or coffee break is never far away. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves at home with several parks within a short stroll, including Stirling-Carruthers Park and Parkdale Park, perfect for leisurely walks, picnics, or a playdate with the kids. The green spaces are well-maintained and offer plenty of opportunities for recreational activities, from sports fields to playgrounds. Enjoy the fresh air and community events that often take place in these welcoming parks. **OVERALL_LIFESTYLE:** Living on Parkdale Avenue means embracing a lifestyle that balances convenience, community, and comfort. With excellent schools, accessible transit, and a vibrant dining scene, this neighborhood caters to a diverse range of lifestyles. Whether you're a young professional, a growing family, or someone looking for a peaceful retreat, this area provides the perfect backdrop for a fulfilling life in Ottawa. Experience the charm and excitement of this dynamic community where every day feels like a new adventure.

🚗Commuting

** Conveniently located near multiple transit options, including the Scott/Parkdale stop just steps away, commuting in and around Ottawa is a breeze. Residents can easily access downtown and other key areas, making this neighborhood ideal for professionals or anyone who values connectivity. Whether you prefer public transit or a short drive, the accessibility here is unmatched. **FAMILY_SUMMARY:** Families will appreciate the abundance of educational facilities nearby, including Connaught Public School and several kindergartens like Garderie Tunney's Day Care, all within walking distance. The community is not only kid-friendly, but it also fosters a safe environment with numerous parks for play and interaction. With a variety of family-oriented activities and resources, it's a great place for kids to grow and thrive. **DINING_ENTERTAINMENT:** Food lovers will relish the diverse culinary scene just around the corner, featuring local favorites like Lorne Murphy Foods and the cozy Drip House Cafe. For those craving a quick coffee fix, Starbucks is conveniently nearby, while options like Morning Owl and Sushi Ro bring delightful dining experiences to your doorstep. With so many establishments within walking distance, your next meal or coffee break is never far away. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves at home with several parks within a short stroll, including Stirling-Carruthers Park and Parkdale Park, perfect for leisurely walks, picnics, or a playdate with the kids. The green spaces are well-maintained and offer plenty of opportunities for recreational activities, from sports fields to playgrounds. Enjoy the fresh air and community events that often take place in these welcoming parks. **OVERALL_LIFESTYLE:** Living on Parkdale Avenue means embracing a lifestyle that balances convenience, community, and comfort. With excellent schools, accessible transit, and a vibrant dining scene, this neighborhood caters to a diverse range of lifestyles. Whether you're a young professional, a growing family, or someone looking for a peaceful retreat, this area provides the perfect backdrop for a fulfilling life in Ottawa. Experience the charm and excitement of this dynamic community where every day feels like a new adventure.

👨‍👩‍👧‍👦Family Living

** Families will appreciate the abundance of educational facilities nearby, including Connaught Public School and several kindergartens like Garderie Tunney's Day Care, all within walking distance. The community is not only kid-friendly, but it also fosters a safe environment with numerous parks for play and interaction. With a variety of family-oriented activities and resources, it's a great place for kids to grow and thrive. **DINING_ENTERTAINMENT:** Food lovers will relish the diverse culinary scene just around the corner, featuring local favorites like Lorne Murphy Foods and the cozy Drip House Cafe. For those craving a quick coffee fix, Starbucks is conveniently nearby, while options like Morning Owl and Sushi Ro bring delightful dining experiences to your doorstep. With so many establishments within walking distance, your next meal or coffee break is never far away. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves at home with several parks within a short stroll, including Stirling-Carruthers Park and Parkdale Park, perfect for leisurely walks, picnics, or a playdate with the kids. The green spaces are well-maintained and offer plenty of opportunities for recreational activities, from sports fields to playgrounds. Enjoy the fresh air and community events that often take place in these welcoming parks. **OVERALL_LIFESTYLE:** Living on Parkdale Avenue means embracing a lifestyle that balances convenience, community, and comfort. With excellent schools, accessible transit, and a vibrant dining scene, this neighborhood caters to a diverse range of lifestyles. Whether you're a young professional, a growing family, or someone looking for a peaceful retreat, this area provides the perfect backdrop for a fulfilling life in Ottawa. Experience the charm and excitement of this dynamic community where every day feels like a new adventure.

🍽️Dining & Entertainment

** Food lovers will relish the diverse culinary scene just around the corner, featuring local favorites like Lorne Murphy Foods and the cozy Drip House Cafe. For those craving a quick coffee fix, Starbucks is conveniently nearby, while options like Morning Owl and Sushi Ro bring delightful dining experiences to your doorstep. With so many establishments within walking distance, your next meal or coffee break is never far away. **OUTDOOR_RECREATION:** Outdoor enthusiasts will find themselves at home with several parks within a short stroll, including Stirling-Carruthers Park and Parkdale Park, perfect for leisurely walks, picnics, or a playdate with the kids. The green spaces are well-maintained and offer plenty of opportunities for recreational activities, from sports fields to playgrounds. Enjoy the fresh air and community events that often take place in these welcoming parks. **OVERALL_LIFESTYLE:** Living on Parkdale Avenue means embracing a lifestyle that balances convenience, community, and comfort. With excellent schools, accessible transit, and a vibrant dining scene, this neighborhood caters to a diverse range of lifestyles. Whether you're a young professional, a growing family, or someone looking for a peaceful retreat, this area provides the perfect backdrop for a fulfilling life in Ottawa. Experience the charm and excitement of this dynamic community where every day feels like a new adventure.

🌳Outdoor Recreation

** Outdoor enthusiasts will find themselves at home with several parks within a short stroll, including Stirling-Carruthers Park and Parkdale Park, perfect for leisurely walks, picnics, or a playdate with the kids. The green spaces are well-maintained and offer plenty of opportunities for recreational activities, from sports fields to playgrounds. Enjoy the fresh air and community events that often take place in these welcoming parks. **OVERALL_LIFESTYLE:** Living on Parkdale Avenue means embracing a lifestyle that balances convenience, community, and comfort. With excellent schools, accessible transit, and a vibrant dining scene, this neighborhood caters to a diverse range of lifestyles. Whether you're a young professional, a growing family, or someone looking for a peaceful retreat, this area provides the perfect backdrop for a fulfilling life in Ottawa. Experience the charm and excitement of this dynamic community where every day feels like a new adventure.

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