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Thursday, July 16th, 2026

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$6,000,000
Available - For Sale
Listing ID: X12884474
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 (X12884478), and 444 (X12884476) 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 are for Residential and Commercial components.
Price $6,000,000
Taxes: $11,087
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 430 Parkdale Avenue , Tunneys Pasture and Ottawa West, K1Y 1H1, Ottawa
Postal Code: K1Y 1H1
Province/State: Ottawa
Directions/Cross Streets: Parkdale Ave and Wellington St
No. of Pieces Level
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Category: Accommodation
Building Percentage: T
Total Area: 5,000
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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ROYAL LEPAGE TEAM REALTY

430 Parkdale Avenue , Tunneys Pasture and Ottawa West, K1Y 1H1, Ottawa

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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Type: Com - Investment
Area: Ottawa
Municipality: Tunneys Pasture and Ottawa West
Neighbourhood: 4303 - Ottawa West
Style:
Lot Size: x 132.00(Feet)
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Tax: $11,087
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com