64 Lyndale Avenue Ottawa, Ontario K1Y 2M8
$975,000
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 **** (id:19720)
Property Details
| MLS® Number | X12310121 |
| Property Type | Multi-family |
| Community Name | 4201 - Mechanicsville |
| Parking Space Total | 8 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft ,3 In |
| Size Frontage | 53 Ft ,1 In |
| Size Irregular | 53.1 X 100.3 Ft |
| Size Total Text | 53.1 X 100.3 Ft |
| Zoning Description | R4ud |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28659426/64-lyndale-avenue-ottawa-4201-mechanicsville
Contact Us
Contact us for more information
Lara Srdic
Salesperson
474 Hazeldean, Unit 13-B
Kanata, Ontario K2L 4E5
(613) 744-5000
(343) 545-0004
suttonottawa.ca/
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July 29 2025 03:40:06
Ottawa Real Estate Board
Sutton Group - Ottawa Realty