For SaleTriplex · 3-StoreyMLS® #X14161358 · TRREB MLS®
559 Parkdale Ave, Ottawa, Ontario
Civic Hospital, Ottawa, Ontario K1Y 1H9
- Bedrooms
- 5
- Lot Size
- 60 x 80 ft
- Bathrooms
- 3
- Type
- Triplex
- Basement
- Partly Finished
$1,880,000
Estimated market value
About 559 Parkdale Ave
559 Parkdale Ave is a 5-bedroom, 3-bathroom triplex in Civic Hospital, Ottawa, listed for sale at an asking price of $1,880,000 (MLS® X14161358).
Impressive 3-storey circa 1916 triplex income property in a highly sought-after, mature trees neighbourhood near the Experimental Farm, Civic and Royal Ottawa Hospitals, University of Ottawa Heart Institute, Dow's Lake, LRT, schools, and key employment centres. The largest unit will soon be vacant and ready for new owner/occupant. 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. Potential yearly gross income of $99,000 and NOI of approx. $77,680 with the front office/den and 4th parking space income added. Updated kitchens & 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, three gas meters, three HVAC units, tenant-paid hot water tanks, and basement laundry with separate hot water connections for each unit. 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 & 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, main unit soon ready to move-in!
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$5,555/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 24 homes with 5 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $11,736 / 2025
- MLS® number
- X14161358
- Board
- TRREB MLS®
- Property Type
- Triplex
- Building Age
- 100+
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 60 x 80 ft
- Listed on
- Parking
- None, 4 Parking
Listing history
Buy/sell history for 559 Parkdale Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,880,000 | N/A | For Sale | X14161358 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Triplex
- Style
- 3-Storey
- Community
- Civic Hospital
- Municipality
- Ottawa
Building
- Size
- 3500-5000 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 3
- Bathroom Details
- 2 × 4pc, 1 × 2pc
- Basement Type
- Partly Finished
- Kitchens
- 3
Parking
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 60 ft
- Depth
- 80 ft
- Lot Size
- 60 x 80 ft
Additional
- Foundation
- Stone, Unknown
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Stove, fridge and dishwasher in each of the 3 apartments. Three off-white colored kitchen-counter stools in apt #2. AC units for each apartment. Washer, dryer in basement. All currently installed light fixtures and ceiling fans. All currently installed window covering, blinds and California shutters. All closet installed shelving. Exterior garden shed at NE corner of property. Front and side lawns water sprinkler system.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $34,075
- Total land transfer tax
- $34,075
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $30,075
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,880,000
- $29,600
- Ontario total
- $34,075
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m6 test or monitoring holes also recorded.250 m
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 8 building permits issued within 250 m in the last 2 yearsCreating 1 new home.250 m
- Nearest airport: 7.2 km7.2 km
Province of Ontario open data · Municipal building permits
Around the home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 40 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Tunney's Pasture Central Heating and Cooling Plant, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 5 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Connaught Public SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 450 m | 87%Grade 6 average |
| École élémentaire catholique Saint-François-d'AssiseConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–6 | 700 m | 82%Grade 6 average |
| Elmdale Public SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 800 m | 94%Grade 6 average |
| St Anthony Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 1.8 km | 86%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-Est | French-language Catholic · grades 9–12 | 2.1 km | — |
| Glebe Collegiate InstituteOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 2.3 km | 74%Grade 9 math |
| Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 2.4 km | — |
| Notre Dame High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 3.1 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Tunney's Pasture | OC Transpo light rail: O-Train Line 1 | 1.2 km |
| Dow's Lake | OC Transpo light rail: O-Train Line 2 | 1.3 km |
| Corso Italia | OC Transpo light rail: O-Train Line 2 | 1.3 km |
| Bayview | OC Transpo light rail: O-Train Line 1, O-Train Line 2 | 1.4 km |
| Westboro | OC Transpo bus rapid transit: Transitway | 2.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Lot
- Lot area
- 4,800 sq ft446 m²
- Street frontage
- 60 ft18.3 m
- Depth
- 80 ft24.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $376,000
- Total mortgage amount
- $1,504,000
- Total interest payment
- $1,069,100
- Total purchase cost
- $2,949,100
- Mortgage payment
- $8,577/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
72%Monthly carrying cost
$9,555- Rent $4,000
- Shortfall $5,555
Rental income opens at $4,000, the median asking rent of 24 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.
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