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438 PARKDALE AVENUE
Ottawa Ontario K1Y1H1 Canada

$6,000,000

Active Listing ID X12884478
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2,300 square feet
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Business

$6,000,000

Active Listing ID X12884478
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438 PARKDALE AVENUE 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:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 3/18/2026 4:00:50 PM GMT
Source Updated Date: 3/31/2026 12:00:44 PM GMT

Courtesy of: Douglas Stuewe, Salesperson, ROYAL LEPAGE TEAM REALTY