Ottawa, ON K1Y1G1 263-265 PARKDALE AVENUE

Rare chance to acquire a two-lot assembly at 263-265 Parkdale Avenue, totaling approximately 9,900 SF with Traditional Mainstreet (TM13 H(14.5)) zoning. Just steps from Tunney"s Pasture LRT and the Scott Street intensification corridor, this site is ideally positioned for mid-rise residential or mixed-use redevelopment. The existing properties include an immaculate fully-licensed 7-unit rooming house with 20 income-generating surface parking on 265 Parkdale and a single-family detached rental property at 263 Parkdale, offering strong holding income while planning your project. For developers seeking a larger footprint, the adjacent property at 259 Parkdale (approx. 6,576 SF) may also be available, bringing the total potential assembly to apx 16,476 SF. Located in a thriving urban hub near Parkdale Market, Wellington Village, and the Ottawa River pathway, this is a premier opportunity in one of Ottawa"s most connected neighbourhoods. (id:7434)