438 Parkdale Avenue Ottawa, Ontario K1Y 1H1
$6,000,000
Presenting a rare and highly coveted urban infill development opportunity in the heart of one of Ottawa's most dynamic and rapidly evolving neighbourhoods. Located at 430, 438, and 444 Parkdale Avenue, this consolidated three-lot land assembly represents a premier canvas for forward-thinking developers and investors seeking to capitalize on Ottawa's intensifying urban core. Supported by a comprehensive Development Options Report prepared by Fotenn Planning + Design, this site offers a clear pathway for mid-rise residential redevelopment. Also available is the 8 Floor Concept Plan document also prepared by Fotenn. Situated just 120 metres from the vibrant Wellington Street West Transit Priority Corridor and strategically positioned along a major arterial route, this property perfectly aligns with the City of Ottawa's strategic vision for intensification and 15-minute neighbourhoods. With favorable Official Plan designations and draft future zoning that encourages increased density, this assembly is a secure and highly attractive addition to any visionary development portfolio. The site is within walking distance to the Heart Institute and the Civic Hospital. At a projected 8 floors this site would be an excellent location for a Seniors Residence or Apartment Complex. Note: Property Taxes were done using the City of Ottawa Tax Estimator. (id:62854)
Property Details
| MLS® Number | X12884478 |
| Property Type | Business |
| Community Name | 4303 - Ottawa West |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2300 Sqft |
| Size Interior | 2,300 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 104 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | Bldg=45.01 X 104 Ft |
| Size Total Text | Bldg=45.01 X 104 Ft |
| Zoning Description | R4ub-c |
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March 15 2026 03:23:33
Ottawa Real Estate Board
Royal LePage Team Realty