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559 Parkdale Avenue

Ottawa, Ontario K1Y1H9
Multi-family For sale
$1,990,000
For sale
Est. mortgage (20% down, 4%, 25 yrs)
Calculating… View details
Home › Multi-family ›

559 Parkdale Avenue

Ottawa, Ontario K1Y1H9
Multi-family For sale
$1,990,000
For sale
Est. mortgage (20% down, 4%, 25 yrs)
Calculating… View details
Léo Trudel REALTOR®

Léo Trudel

Sales Representative

Direct: 613-808-6549
Office: 613-744-5000

Brokerage:
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

This field is for validation purposes and should be left unchanged.
$1,990,000
Property overview
🏠 Building Type
Triplex
📍 Property Type
Multi-family
🛏️ Bedrooms
5
🛁 Bathrooms
3
📅 Year Built
🏙️ Neighbourhood
4504 - Civic Hospital
📋 Status
For sale
⭐ Highlights
4504 - Civic Hospital Triplex For sale
Listing description

Discover this Multi-family

559 Parkdale Avenue, Ottawa
Impressive 3-storey circa 1916 triplex income property in a highly sought-after, mature trees 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 aroundfront 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. (id:64373)
📅
Upcoming viewings
45.3963225
-75.7260281
559 Parkdale Avenue, Ottawa, Ontario, K1Y1H9
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Property Address
559 Parkdale Avenue, Ottawa, Ontario K1Y1H9
Community
4504 - Civic Hospital
Neighbourhood
See on Google Maps
Location is approximate. Please confirm exact details with your HomeFind.ca REALTOR®.
Listing Details
Last updated: 2026-09-01
Key facts
Price
$1,990,000
Property type
Multi-family
Bedrooms
5
Bathrooms
3
Stories
3
Interior size
3500 - 5000 sqft
Year built / Age
100+ years
Parking options
No Garage
Total spaces
4
Interior & features
Cooling
Wall unit
Heating
Baseboard heaters, Radiant heat
Heating fuel
Natural gas
Basement
N/A (Partially finished)
Appliances
Intercom, Blinds, Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator
Fireplace
True
Exterior finish
Brick
Key features
Level
Lot, amenities & extras
Lot size
60 x 80 FT
Landscape
Landscaped
Water
Municipal water
Sewer
Sanitary sewer

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Léo Trudel REALTOR®

Léo Trudel

Sales Representative

Direct: 613-808-6549
Office: 613-744-5000

Brokerage:
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

This field is for validation purposes and should be left unchanged.
Sabrina Lafleur

Sabrina Lafleur

Rental Agent

Direct: 613-808-6549
Office: 613-744-5000

Powered by:

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