438 Parkdale Avenue
Tunneys Pasture and Ottawa West, ON
- 2,300 sqft
- Investment
- 174 days on market
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.
Listing Details
- Taxes (2025)
- $6,304
- Listed
- March 13, 2026
Price History
Listing history
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Property
- Lot Size
- 45.01 x 104 Feet
Parking
- Garage
- Single Detached
Location & Legal
- Cross Street
- Parkdale Ave and Wellington St
- Zoning
- R4UB-c
- Parcel Number
- 040350186
- Possession
- Flexible
- Occupancy
- Tenant
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K1Y
- Population
- 20,712
- Private dwellings
- 10,737
- Median age
- 40
- Average household size
- 2
- Median household income
- $99,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Tunneys Pasture and Ottawa West · last 12 months
- Median sold price
- $915,000
- Homes sold
- 93
- Median days on market
- 14
- Sale-to-list price
- 100.2%
Based on 93 recorded sales of commercial properties in Tunneys Pasture and Ottawa West over the last 12 months.
Listed by
ROYAL LEPAGE TEAM REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,300 sq ft
- Price per sq ft
- $2,608.70
- Annual property tax
- $6,304
- Tax per sq ft
- $2.74
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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