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CAONOttawa559 Parkdale Ave
Listing image | Image 1

559 Parkdale Ave, Ottawa, ON

House

For Sale

Listed price in listed location currency (CAD).
$2,100,000

534

MLS® X13225458

Overview

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $11,736
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13225458

Property Address: 559 Parkdale Ave, Ottawa, ON, K1Y1H9

Average square foot calculated using Size range provided by listing agent.

Description

Impressive 3-storey circa 1916 income property in a highly sought-after, mature treed neighbourhood near the Experimental Farm, Civic and Royal Ottawa Hospitals, University of Ottawa Heart Institute, Dow's Lake, LRT, schools, and key employment centres. Fully and professionally renovated from top to bottom, this exceptionally well-managed triplex offers true owner/investor peace of mind, with attention to maintenance, durability, and ease of administration. Ideal for an owner-occupant investor: live in one unit while tenants help offset ownership costs. One rental unit per floor: a 1-bedroom main-level unit, two spacious 2-bedroom units on the 2nd and 3rd floors, plus a bonus rentable main-floor home office/den with separate access and its own 2-piece bathroom - rental use subject to confirming zoning. Yearly gross income of $88, 800 and NOI of approx. $64, 000, with potential extra income of $12, 000 from the front office/den and 4th parking space. Updated kitchens and bathrooms, quality appliances including dishwashers, granite counters in the largest unit, hardwood floors, updated windows and doors, skylight, two gas fireplaces, four maintenance-free fiberglass/aluminum decks with glass railings including around front veranda, Berber-carpeted halls over ceramic tile, intercom system, and separate basement storage for each unit. Excellent utility separation with five hydro meters, four gas meters, three HVAC units, tenant-paid* hot water tanks (*except currently for #2), and basement laundry with separate hot water connections. All electrical fixtures, blinds, and shutters included. Sprinkler-irrigated lawn and flower beds add curb appeal. Four paved parking spaces, including one unused for extra income potential. Quick Queensway access and proximity to major employment nodes help support strong tenant demand. A rare totally renovated central Ottawa triplex combining solid income, thoughtful renovations, and lifestyle flexibility.
MLS® NumberX13225458
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageNone
Approx. Age
BasementPartially Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,432,000 and $2,434,000.
Similar properties in this area sold on average for: $1,432,682
Expected to sell in 14 days. Similar properties sold in 14 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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