64 LYNDALE AVENUE new

Ottawa,ON K1Y2M8

$ 975000

- Bed

0 Bath

3500 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $278

Subdivision 4201 - Mechanicsville

MLS Listing ID X12310120

Source Ottawa Real Estate Board

Property Description

Exceptional LAND DEVELOPMENT OPPORTUNITY just steps from Parkdale Avenue in the heart of Ottawa's Mechanicsville neighborhood within walking distance to LRT and Tunney's Pasture. The property includes three units: a 1-bedroom and 2-bedroom (both currently tenanted), and a spacious 3-bedroom unit that is currently vacant perfect for owner occupancy or strategic upgrades. Situated on an oversized 5,000+ sq ft lot, the property is currently zoned R4, with a proposed by-law amendment to N4B, offering significant redevelopment and intensification potential. A city-owned laneway runs along the side of the property, providing rare secondary access ideal for future expansion or site redesign. Additional highlights include two large detached garage units with strong conversion potential (studio, additional unit, or storage), and ample surface parking to comfortably accommodate tenants. With strong upside in rental income and the flexibility to add more units or repurpose existing structures, this property is a prime opportunity for developers, investors, or visionaries seeking value in one of Ottawa's most walkable and desirable communities. ** 48 hours notice required on all showings of tenanted units **** (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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