420 Parkdale Av - Retail FOR SALE


Ottawa, ON K1Y 1H2- Westboro
$2,750,000 CAD
613-762-8911
420 Parkdale Av, Ottawa, ON for Sale
$2,750,000 CAD
Retail - FOR SALE
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null | Request Cap Rate

420 Parkdale Av
Ottawa, ON K1Y 1H2
Westboro


OVERVIEW

430 Parkdale Avenue presents an opportunity to acquire a mixed-use asset in Ottawa's Hintonburg neighbourhood within the Wellington West Business Improvement Area. The property consists of two separate buildings on one parcel, providing diversified income streams and operational flexibility for investors, owner-occupiers, or buyers seeking a combination of personal occupancy and investment income. The asset includes a residential triplex positioned at the front of the property and a separate commercial building at the rear, creating a blend of residential and commercial tenancy within a single ownership structure. The residential component consists of a large multi-level residence featuring five bedrooms and three-and-a-half bathrooms, together with two basement apartments that include a studio unit and a one-bedroom unit. Shared laundry facilities are located within the triplex. The detached commercial building is leased to two separate tenants, further contributing to the property's diversified tenancy profile. The property is located along Parkdale Avenue in one of Ottawa's most established urban neighbourhoods, providing access to nearby retail, dining, employment, and transit amenities. The location benefits from proximity to Tunney's Pasture and the O-Train network, supporting accessibility for both residential occupants and commercial tenants. Eight on-site parking spaces serve the property, and separate utility metering is provided for each building. With mixed-use zoning, multiple income sources, established occupancy, and a location within a well-known urban district, the property offers buyers the opportunity to acquire an asset that combines residential and commercial uses within a single investment.

FOR SALE DETAILS

PRICE

$2,750,000 CAD

PRICE/SF

$506 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

David CantorCantor Realty Corp.More Info
613-762-8911

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David CantorCantor Realty Corp.More Info
613-762-8911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.