ON > West Centre Town > 4202 - Hintonburg
West Centre Town, ON K1Y 1G1,257 Parkdale AVE
See all 21 photos
West Centre Town, ON K1Y 1G1,257 Parkdale AVE
West Centre Town, ON K1Y 1G1,257 Parkdale AVE
West Centre Town, ON K1Y 1G1,257 Parkdale AVE
West Centre Town, ON K1Y 1G1,257 Parkdale AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
28
Sep
Mon
29
Sep
Tue
30
Sep
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,100,000
Est. payment /mo
Save
Price Dropped by $150K

257 Parkdale AVE West Centre Town, ON K1Y 1G1

2 Baths

174 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 174 sqft

Price per Sqft $6,321

Subdivision 4202 - Hintonburg

MLS Listing ID X12364454

Annual Tax Amount $6,440

Tax Year 2025

Property Sub-Type Store W Apt/Office

Lot Depth 100.0

Lot Front 33.0

Property Description

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.

Location

Province ON

County Ottawa

Community 4202 - Hintonburg

Area Ottawa

Interior

Cooling Partial

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 33.0

Lot Depth 100.0

Others

Security Features No

Listed by LPT REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

257 Parkdale AVE

TORONTO NEIGHBOURHOODS
There are 30 quick searches