About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12884476
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	2,500 sq ft
Beds / Baths	0 bed · 0 bath
City	Tunneys Pasture and Ottawa West
Postal Code	K1Y 1H1
Province	ON
Listed Date	March 15, 2026
Days on Market	145
Price per Sq Ft	$2,400
Brokerage	ROYAL LEPAGE TEAM REALTY