$925,000
$975,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
64 Lyndale AVE West Centre Town, ON K1Y 2M8
6 Beds
3 Baths
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4201 - Mechanicsville
MLS Listing ID X12310121
Sold Date 08/07/25
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $9,632
Tax Year 2025
Property Sub-Type Triplex
Property Description
Exceptional opportunity to own a legal triplex 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 ****
Location
State ON
County Ottawa
Community 4201 - Mechanicsville
Area Ottawa
Zoning R4UD
Rooms
Family Room No
Basement Exposed Rock
Kitchen 3
Interior
Interior Features Separate Hydro Meter, Storage Area Lockers
Cooling Other
Exterior
Garage Spaces 2.0
Pool None
Roof Type Shingles
Lot Frontage 53.12
Lot Depth 100.32
Total Parking Spaces 8
Building
Foundation Stone
Others
Senior Community Yes
ParcelsYN No
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