Detached House for sale at 257 Parkdale Avenue, Ottawa, Ontario, K1Y 1G1 - Hintonburg - MLS: X12472481

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257 Parkdale Avenue

Ottawa, Ontario, K1Y 1G1 - Hintonburg

$985,000

Neighbourhood

Hintonburg
Major Intersection

Parkdale Avenue and Scott Street

Listed Since: 7 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Detached, 2-Storey
Bedrooms

3
Bathrooms

3
Basement

Part Bsmt + Unfinished
Kitchen

1
Total Parking

6
Lot Size

33x100 (Feet)
Taxes

$6,440.00 (2025)
Type

Freehold

Property Description

Property description for 257 Parkdale Avenue, Ottawa

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.

Listed by LPT REALTY

Property details

MLS #

X12472481
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

6
Family Room

N
Den

N
Exterior

Brick Veneer
Fireplace

N
Roof

Asphalt Shingle
Foundation

Stone
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Window Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12472481
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

6
Family Room

N
Den

N
Exterior

Brick Veneer
Fireplace

N
Roof

Asphalt Shingle
Foundation

Stone
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Window Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

4.52 x 3.65 ft 2nd level
Br

5.53 x 3.61 ft 2nd level
Br

4.73 x 3.85 ft 2nd level
Br

3.4 x 2.71 ft 2nd level
Bathroom

2.58 x 1.14 ft 2nd level

4 Pc Bath
Bathroom

1.84 x 1.58 ft 2nd level

4 Pc Bath
Other

11.96 x 5.53 ft Ground level
Bathroom

2.35 x 1.83 ft Ground level

2 Pc Bath
Other

2.88 x 2.05 ft Ground level
Other

3.73 x 2.2 ft Ground level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 257 Parkdale Avenue, Ottawa

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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