64 Lyndale Avenue Ottawa, Ontario K1Y 2M8

3,500 - 5,000 ft2

$975,000

Exceptional LAND DEVELOPMENT OPPORTUNITY 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:53899)

Property Details

MLS® Number X12310120
Property Type Vacant Land
Neigbourhood Mechanicsville
Community Name 4201 - Mechanicsville

Building

Age 100+ Years
Appliances Dryer, Stove, Washer, Refrigerator
Size Interior 3,500 - 5,000 Ft2

Land

Acreage No
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/28659425/64-lyndale-avenue-ottawa-4201-mechanicsville

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