House For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$985,000 QuickQuote^TM: $969K - $1.2M

3 Beds

3 Baths

Details
Map
Demographics
Street View
Get Directions

257 Parkdale Avenue, Ottawa, ON - Outdoor

257 Parkdale Avenue, Ottawa, ON - Indoor

257 Parkdale Avenue, Ottawa, ON - Indoor Photo Showing Other Room

257 Parkdale Avenue, Ottawa, ON - Indoor Photo Showing Bedroom

257 Parkdale Avenue, Ottawa, ON - Indoor Photo Showing Bathroom

Advertising

Are you a real estate investor?

Check out this listing on our new RLP InvestorsEdge™ website. You'll find in-depth investment financials, including ROI, cap rates, market appreciation, and more to help you make informed real estate investment decisions.

257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

$985,000

3 Beds

3 Baths

Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Air Conditioning: Yes
Basement Development: Unfinished
Basement Type: Partial
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner
Appliances:

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3
Bathrooms: 3
Half Bathrooms: 1
Amenities Nearby: Public Transit
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 100 FT ; no
Zoning: TM13[2110]H(14.5)
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

Kitchen 2nd Level 4.52 m x 3.65 m
Bedroom 2nd Level 5.53 m x 3.61 m
Bedroom 2nd Level 4.73 m x 3.85 m
Bedroom 2nd Level 3.40 m x 2.71 m
Bathroom 2nd Level 2.58 m x 1.14 m
Bathroom 2nd Level 1.84 m x 1.58 m
Other Ground Level 11.96 m x 5.53 m
Bathroom Ground Level 2.35 m x 1.83 m
Other Ground Level 2.88 m x 2.05 m
Other Ground Level 3.73 m x 2.20 m

Convert Measurement to:

Courtesy of: LPT REALTY, LPT REALTY, BROKERAGE

More Detail

Less Detail

QuickQuote^TM

Approximate value for 3 bed, 3 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$985,000

List Price

$969,188

$1,179,881

Low Estimate

High Estimate

Thinking of Selling?

Start by finding out what your home might be worth in today's market.

Market Price Trends

Single family detached

6.13%

Price change (1 year)

18.87%

Price change (5 years)

All Properties

5.74%

Price change (1 year)

19.13%

Price change (5 years)

Location of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 257 PARKDALE AVENUE , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.3℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 257 PARKDALE AVENUE , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past

317.1mm

2050

405.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail

Less Detail

Demographic Information of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$137,750.86

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.35 %

High school certificate or equivalent

17.53 %

Apprenticeship trade certificate/diploma

1.93 %

College/non-university certificate

14.77 %

University certificate (below bachelor)

2.42 %

University Degree

53.0 %

Commuter

Travel To Work

By Car

49.57 %

By Public Transit

20.61 %

By Walking

17.58 %

By Bicycle

4.14 %

By Other Methods

8.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.42 %

Houses

29.58 %

Own Vs. Rent

More Detail

Less Detail

Property Information:

Building Features:

Property Features:

Rooms:

Convert Measurement to:

Market Price Trends

Single family detached

All Properties

Location of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

257 PARKDALE AVENUE, Ottawa, Ontario, K1Y 1G1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing