257 Parkdale Avenue, West Centre Town, ON K1Y 1G1
West Centre Town
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 257 Parkdale Avenue, West Centre Town, ON K1Y 1G1
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13057604
Listed by LPT REALTY
On market since Apr 29, 2026
257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 is listed for $890,000 CAD.
257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 has 3 bedrooms and 3 bathrooms.
257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 is a Detached.
257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 is in West Centre Town, Ontario.
257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 is currently for sale.
The annual property taxes on 257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 are approximately $6,440 CAD.
Contact Avi Hayev at +16471112222 to arrange a private showing of 257 Parkdale Avenue, West Centre Town, ON K1Y 1G1 (MLS# X13057604). You can also send a message through the contact form on this site.
