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$ 975,000
Est. payment /mo
New
64 LYNDALE AVENUE Ottawa, ON K1Y2M8
3,500 SqFt
UPDATED:
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
Listed by SUTTON GROUP - OTTAWA REALTY