559 Parkdale Avenue
Civic HospitalOttawa, ONK1Y 1H9Near Sherwood Drive
- 5 beds
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
Impressive 3-storey circa 1916 triplex 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.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 1, 2026 | ListedCurrent | For sale | $2,100,000 | — | X13225458 | This page |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
4- Heating
- Baseboard
- Air conditioning
- Central Air
- Water source
- Municipal
- Sewer
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Ottawa market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Ottawa market right now
Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.
- Avg sold price$723,903Last 30 days
- Median sold price$647,881Middle of the market
- Days on market30 dAvg from list to close
- Closed last 30d3,086MLS® transactions
We'll get you into 559 Parkdale Avenue — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 559 Parkdale Avenue and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
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How much is 559 Parkdale Avenue listed for?
559 Parkdale Avenue is listed at $2,100,000 on the MLS® (listing X13225458). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 559 Parkdale Avenue have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
