$2,100,000
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559 Parkdale Avenue, Ottawa, ON K1Y1H9

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5 Beds
3 Baths
- Sq Ft

Impressive 3-storey circa 1916 income property in a highly sought-after, mature treed 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 around front 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:58753)

Listing By: Andre L. Major - EXP REALTY cncrea2 Realty.com
  • MLS® X13225458
  • Date Listed06/02/2026
  • Days on Realty 5 Days
  • Bedrooms 5
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Blinds, Window Coverings
  • Cooling Central air conditioning
  • Heating Baseboard heaters, Radiant heat, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Level

Directions

Cross Streets: Sherwood Drive. ** Directions: Queensway east or west, exit at Parkdale South, building is NE corner of 1st intersection at Sherwood Drive.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1Y1H9

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1Y1H9

Source: Walk Score

99/100

Walker's Paradise

Walk Score ®

83/100

Excellent Transit

Transit Score ®

99/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

52 nearby routes: 51 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 83/100.

Points of Interest near 559 PARKDALE AVENUE, Ottawa, ON K1Y1H9

Frequently Asked Questions for 559 PARKDALE AVENUE

Source: Realty.com

559 PARKDALE AVENUE, Ottawa, ON K1Y1H9 in Ottawa, ON K1Y1H9 is a triplex listed at $2,100,000. Highlights include 5 bedrooms, 3 bathrooms. Realty.ca has 46 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 46 photos of 559 PARKDALE AVENUE.

The full address for this home is 559 PARKDALE AVENUE, Ottawa, ON K1Y1H9.

559 PARKDALE AVENUE has been listed on Realty.com since Tue June 02, 2026

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 83/100.

Listing provided courtesy of: EXP REALTY
Listing agent: Andre L. Major

This content last refreshed on 2026-06-07 17:52:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.