430 Parkdale Avenue, Tunneys Pasture And Ottawa West, ON K1Y 1H1

$2,750,000
7
BD
8
BA
3,500
SqFt

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List Price
$2,750,000
MLS#
X13761630
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
3-Storey
Bedrooms
7
Bathrooms
8
Living Area
3500-5000
Province
ON
Municipality
Tunneys Pasture And Ottawa West
Area
Ottawa
Neighborhood
4303 - Ottawa West
Subdivision
Parkdale Avenue And Gladstone Avenue

Property Description

Fantastic investment awaits in this Hintonburg neighbourhood (Wellington West BIA) mixed-use property, offering the ability for owner-occupier, investment or a combination of both. The property boasts a truly unique opportunity to diversify your portfolio with 2 separate buildings on the property (1 commercial and 1 residential). The commercial building in the rear consists of 2,372 sqft and is rented out to 2 separate tenants. The front residential building is a3,804 sqft triplex consisting of 1 large 5 Bed/3.5 Bath and 2basement apartments consisting of a studio and 1 bed. Shared Laundry facilities (2 washers/2 dryers) are located in the basement of the triplex. There are 8 parking spaces on the property allocated between residential and commercial tenants. Residential Triplex: 3,804 SF; Commercial Building: 2,372 SF; Lot Size: 8,589 SF; Lot Dimensions: 65'.92" x132'.11"; Cap Rate: 5.37% Stabilized NOI: $147,783; Zoning: CM1 [2250]; Separate Utility Meters: 1 Per Building; Parking Stalls: 8; Property Taxes (2026) $12,069.09; O-Train Station Proximity 10 Minute walk to Tunney's Pasture. Residential to be completely vacant upon possession.

Additional Information

Taxes
$12,069
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air, Wall Unit(s)
Family Room
Yes
Kitchens
3
Exterior
Brick
Garage Type
Other
Pool
None
Parking Spaces
8

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Calculator source: Real Geeks

Listing courtesy of CANTOR REALTY CORP..