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438 Parkdale Avenue
4303 - Ottawa West Tunneys Pasture and Ottawa West K1Y 1H1

$6,000,000 /For Sale
Commercial

Main Photo: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
Photo 1: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
Photo 2: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
Photo 3: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
Photo 4: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
Photo 5: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12884478
Presenting a rare and highly coveted urban infill development opportunity in the heart of one of Ottawa's most dynamic and rapidly evolving neighbourhoods. Located at 430, 438, and 444 Parkdale Avenue, this consolidated three-lot land assembly represents a premier canvas for forward-thinking developers and investors seeking to capitalize on Ottawa's intensifying urban core. Supported by a comprehensive Development Options Report prepared by Fotenn Planning + Design, this site offers a clear pathway for mid-rise residential redevelopment. Also available is the 8 Floor Concept Plan document also prepared by Fotenn. Situated just 120 metres from the vibrant Wellington Street West Transit Priority Corridor and strategically positioned along a major arterial route, this property perfectly aligns with the City of Ottawa's strategic vision for intensification and 15-minute neighbourhoods. With favorable Official Plan designations and draft future zoning that encourages increased density, this assembly is a secure and highly attractive addition to any visionary development portfolio. The site is within walking distance to the Heart Institute and the Civic Hospital. At a projected 8 floors this site would be an excellent location for a Seniors Residence or Apartment Complex. Note: Property Taxes were done using the City of Ottawa Tax Estimator.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2300 sq. ft. Square Feet
Total Area:
2,300 sq. ft.
Lot Depth:
104'
Lot Frontage:
45'⅛"
Water supply:
Municipal
Zoning:
R4UB-c
Heating type:
Gas Forced Air Closed
Garage:
Single Detached
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$6,304 / 2025
Assessment:
$- / 2025
Ottawa
Tunneys Pasture and Ottawa West
4303 - Ottawa West
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Accommodation
Date Listed:
Mar 15, 2026
Original Price:
Previous Price:
  • Photo 1: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
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  • Photo 2: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
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  • Photo 3: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
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  • Photo 4: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
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  • Photo 5: 438 Parkdale Avenue in Tunneys Pasture and Ottawa West: 4303 - Ottawa West Commercial for sale : MLS®# X12884478
    Photo 5 of 5
Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated March 16, 2026 at 03:15 AM (UTC)
DARYL  KING
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Why Invest in Ontario Commercial Properties

• Strong economic growth and stable property demand
• Access to major highways, transit, and trade routes
• High-traffic locations with retail, industrial, or office potential
• Opportunities in cities like Toronto, Mississauga, Ottawa & beyond
• Suitable for investors, entrepreneurs, and developers

What to Expect from Ontario Commercial Listings

Commercial real estate across Ontario varies by size, use, and location, but commonly features:

• Zoned properties for retail, industrial, office, or mixed use
• Large square footage with flexible layouts
• High-visibility storefronts or warehouse bays
• Ample parking, loading docks, or elevator access
• Nearby transit, highways, and workforce hubs

Start Your Commercial Real Estate Search in Ontario Today

Browse listings for commercial real estate for sale in Ontario and reach out to our team for expert guidance on site visits, zoning details, and market analysis. Whether you’re opening a business, expanding operations, or investing, we’ll help you find the right space.

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FAQs – Commercial Real Estate for Sale Ontario

1. What types of commercial properties are available in Ontario?
Ontario offers retail plazas, offices, industrial warehouses, medical offices, restaurants, and development-ready land.

2. Is financing available for commercial real estate in Ontario?
Yes. Commercial financing is available through banks and private lenders, often requiring larger down payments than residential.

3. Are there zoning restrictions on commercial buildings?
Zoning varies by municipality and use. Our team can help you review zoning bylaws to ensure property suitability.

4. Which cities in Ontario are best for commercial investment?
Toronto, Mississauga, Ottawa, Vaughan, and Kitchener-Waterloo are among the most active and profitable commercial markets.